Everspin Technologies, Inc. announced the appointment of Sanjeev Aggarwal as Everspin's President, effective March 14, 2022. Effective on such date, Darin Billerbeck, Everspin's Executive Chairman of the Board and Interim CEO will resign as Interim CEO and will continue to serve as Executive Chairman of the Board. Mr. Aggarwal is also being elected as a member of Everspin's board of directors, effective March 14, 2022.

Mr. Aggarwal brings over 25 years of expertise in the non-volatile memory and semiconductor industry. He has contributed significantly in shaping Everspin since its inception in 2008 in various leadership positions. Mr. Aggarwal currently serves as Everspin's CTO and Vice President, Operations & Technology R&D managing manufacturing operations and supply chain, driving technology development and business agreements with partners, vendors and suppliers.

Prior to that, he was Everspin's Vice President, Manufacturing and Process Development.