Allegro MicroSystems, Inc. (“Allegro”), a developer of sensing and power semiconductor technology, today announced the appointment of Susan Lynch to Allegro’s Board of Directors and its Audit Committee, replacing Christine King, who is leaving the board. Both of these changes are effective immediately.
“Christine King has brought a wealth of knowledge and has provided expert guidance to support Allegro’s first year as a public company,” said Yoshihiro “Zen” Suzuki, Chairman of the Board. “On behalf of the Allegro Board, I would like to thank Chris for her leadership and service.”
Ms. King added, “I have enjoyed the opportunity of serving on Allegro’s Board over the past year and believe the company has strong plans in place for a very exciting and rewarding future. I’d like to thank my fellow directors, and I wish the Allegro team nothing but success in the future.”
Susan Lynch joins Allegro’s Board of Directors with more than 25 years of financial experience though senior leadership roles in the technology, aerospace and defense, and industrial manufacturing industries. Ms. Lynch currently serves as the Senior Vice President and Chief Financial Officer at Vectrus, Inc. Previously, Ms. Lynch was the Executive Vice President and Chief Financial Officer for Sungard Availability Services. Ms. Lynch holds a bachelor’s degree in accounting and business administration from MidAmerica Nazarene University and is a certified public accountant.
“We are pleased to welcome Susan to Allegro’s Board of Directors and its Audit Committee at a very important time in the growth of Allegro,” continued Mr. Suzuki. “In addition to Susan’s deep financial leadership experience and focus on performance, she also has a strong track record of creating stockholder value through organic and inorganic growth strategies. We are looking forward to her insightful contributions to our Board.”
“Allegro has established strong franchises in magnetic sensors and power ICs that are being widely adopted, particularly in accelerating end markets like xEV, ADAS, green energy, and data center,” said Ms. Lynch. “I am delighted to join Allegro’s Board of Directors and look forward to contributing to its future growth and success as the company’s innovations drive a safer, more sustainable future for us all.”