Phil SmithChairman +
CBE, FREng, FIET
Phil Smith joined the IQE Board in 2016 and took over as Chairman in April 2019 and Executive Chairman from September 2021 to January 2022.
Phil is a Chairman and Director as well as an advisor, mentor and speaker. As former Chief Executive and Chairman of Cisco UK and Ireland, Phil is passionate about innovation, skills, technology, digitisation and leadership. Phil is currently Chairman of IQE PLC, a leading advanced materials solutions company, headquartered in Cardiff, focused on the Compound Semiconductor market. Phil is also a Chairman of Streeva a Fintech based growing payments company and Chairman of Appyway which is leading on smart mobility.
In the broader innovation and skills space, Phil is also former chair of Innovate UK, the Government’s innovation agency as well as former Chair of Techskills , an employer led organisation championing digital skills. In his industry and government roles he is co-Chair of the Digital Skills Council and is on the board of the Digital Economy Council. Additionally, Phil also sits on a number of advisory boards in organisations as diverse as Coventry University and the National Theatre.
Phil championed and was passionate about, innovation, entrepreneurship and productivity whilst at Cisco and continues now in many of his roles. He is founder member of the Productivity Leadership Group and a commercial trustee of Be the Business. He is additionally a Board Mentor for Critical Eye.
Phil was awarded a CBE in the 2019 Queen’s Birthday Honours List for services to Technology, Business and Skills and in September 2019 was made a Fellow of the Royal Academy of Engineering.
He has been recognised with several industry accolades and awards from mentorship for women to CSR, company culture, employee engagement and leadership as well as change and digitalisation. Those include Orange Business Leader of the year, a member of Wired 100 and listed in the inaugural 50 Kindest Leaders in 2018.
Phil’s contribution to industry has been recognised with Honorary Doctorates from Birmingham City, Warwick and Glasgow Universities and an Honorary Fellowship from Cardiff.
Phil is the founder of a group of CEOs and leaders who, since 2012 have raised close to £1m for Sport Relief participating with their teams in Triathlon based events. Phil is a keen Triathlete and cyclist and has qualified in Triathlon for Team GB in 2014, 2015 and 2017, competing in Canada and the Netherlands.
Phil lives near Stratford upon Avon and is married to his wife Steph, has four grown-up children and five grandchildren.
Americo LemosChief Executive Officer +
Americo LemosChief Executive Officer
Americo Lemos joins IQE from the executive team at GlobalFoundries Inc., a New York headquartered semiconductor designer and manufacturer.
Americo Lemos joined IQE in January 2022 from the executive team at GlobalFoundries, one of the world’s leading semiconductor manufacturers. As GF’s Senior Vice President of Business Development for Asia Pacific and China Country President, Americo was responsible for driving the business’s efficiency and growth in these critical markets. Prior to this, he was Senior Vice President at Qualcomm, responsible for its data center business. Before joining Qualcomm, Mr Lemos was Vice President of Platform Engineering at Intel, responsible for strategic ventures with China semiconductor companies from 2009 to 2015. Before Intel, he held leadership roles with Texas Instruments, Quanta Computer in Taiwan and Skyworks. Mr Lemos holds a Master of Sciences, Electronics and Computers degree from École Nationale Supérieure de Sciences Appliquées et de Technologie (ENSSAT) in Lannion, France.
Jutta MeierChief Financial Officer +
Jutta MeierChief Financial Officer
Jutta is an experienced finance executive who has held senior positions at global semiconductor companies for over 25 years.
She joined IQE in January 2024 from Intel Corporation, where she served as a Senior Finance Director at Intel Foundry Services, supporting Intel's Foundry business transformation. Prior to joining Intel, Jutta served as Vice President of Finance at GlobalFoundries Inc, a global leader in semiconductor manufacturing and she also held various positions at Advanced Micro Devices Inc. (AMD), a multinational semiconductor company. She holds an MBA from Technische Universität Dresden.
Carol ChesneySenior Independent Director +
Carol ChesneySenior Independent Director
Chair of Audit Committee
Carol Chesney joined IQE’s Board in May 2019 and was appointed as a Senior Independent Director in November 2020.
Since October 2012 Mrs Chesney has served as a Non-Executive Director and Chair of the Audit Committee
of Renishaw plc. In addition, she is a Non-Executive Director and Chair of the Audit Committees of Imagination Technologies, Hunting plc and Biffa plc. Until 2018 Mrs Chesney served as the Company Secretary of Halma plc, a FTSE 100 health, safety and environmental technology group, having also served as the Group’s Financial Controller. During her time at Halma, Mrs Chesney’s role included corporate governance, legal compliance, equity incentives, pensions, internal audit management, taxation, property, health and safety compliance, environmental reporting and anti-bribery and corruption compliance. Mrs Chesney is a Fellow of the Institute of Chartered Accountants in England and Wales, and qualified with Arthur Andersen in the UK.
Dr Andrew W NelsonPresident and Non-Executive Director +
Dr Andrew W NelsonPresident and Non-Executive Director
OBE, BSc, PhD, FREng
Dr Drew Nelson has over 30 years experience in the semiconductor industry in a variety of research and managerial positions.
Following a PhD in Semiconductor Physics, he joined BT Research Laboratories in 1981, leading the group responsible for the development of advanced optoelectronic devices for optical fibre communications. He subsequently managed the technology transfer from BT to Agilent for mass production. He co-founded EPI in 1988 (which became IQE in 1999) and was appointed Chief Executive Officer of IQE plc in April 1999 until January 2022. Dr Nelson has held several Non-Executive Directorship roles, and served on several Government and Industry bodies. He received an OBE in 2001 for services to the electronics industry. He is currently a member of the High Level Group appointed by the EC to oversee the implementation of Key Enabling Technologies (KETs) throughout Europe.
Victoria HullNon-Executive Director +
Victoria HullNon-Executive Director
An experienced Non-Executive Director, Victoria Hull is currently serving Non-Executive Directorship and Remuneration Committee roles for listed technological companies including Alphawave IP Group plc and Network International Holdings plc.
Victoria is also the Senior Independent Director for Ultra Electronics Holdings plc. Prior to these appointments, Victoria held an executive directorship at Invensys, now Schneider Electric. Having worked in a variety of global companies at Executive Committee or Board level, her appointment to the Board of IQE brings an extensive understanding of legal, commercial and governance matters. Victoria has a strong background in corporate finance and began her career as a trainee solicitor at Clifford Chance LLP.
Bami BastaniNon-Executive Director +
Bami BastaniNon-Executive Director
Bami Bastani has a wealth of experience in the semiconductor industry, having spent seven years at GlobalFoundries, first as Senior VP and GM of the Mobile & Wireless Infrastructure Business Unit and then as Senior VP and Senior Advisor to the CEO as well as GlobalFoundries' board member at the Global Semiconductor Alliance (GSA). Prior to GlobalFoundries Bami held President, CEO and Board member roles at Meru Networks, Trident Microsystems and ANADIGICS. Bami brings over 20 years of serving on Boards of Directors of public and private companies. Dr Bastani holds a PhD and a Masters of Science in Solid State Electronics from The Ohio State University and a Bachelors of Science in Electrical Engineering from University of Arkansas.
Maria MarcedNon-Executive Director +
Maria MarcedNon-Executive Director
Maria Marced is currently the President of Taiwan Semiconductor Manufacturing Company ("TSMC") Europe, a role she has held for over 16 years. Prior to that, Maria held Senior Vice President roles at NXP Semiconductors and spent 19 years as Vice President and EMEA General Manager at Intel Corp. Maria holds a PhD in Telecommunications Engineering from the Polytechnic University of Madrid.
Harmesh SuniaraNon-Executive Director +
Harmesh SuniaraNon-Executive Director
Harmesh has over 15 years' experience of working in investment management, with a particular focus on UK small and mid-cap equities including the technology and life sciences sectors.
Harmesh has over 15 years' experience of working in investment management, with a particular focus on UK small and mid-cap equities including the technology and life sciences sectors. He brings a wealth of expertise in active engagement with companies that Lombard Odier has invested in. Since 2017 he has worked as a Portfolio Manager at Lombard Odier 1798 Volantis, and prior to this he was an Investment Manager at Henderson Volantis Capital and Gartmore Investment Management. Lombard Odier 1798 Volantis is a major shareholder in IQE