TDK Corporation (TSE:6762) announces that, effective January 1, 2023, Mr. Omar Abed will assume the role of Chief Executive Officer (CEO) of InvenSense, Inc., a TDK group company, and General Manager of TDK Corporation’s MEMS Sensors Business Group. Mr. Amir Panush will continue to lead the team until that time and oversee a seamless transition of the business.
“TDK management and I have high confidence in Omar to lead the business into the future,” stated Amir Panush. “Omar leads with vision and courage and drives business growth by instilling a growth mindset across the teams he leads.”
Prior to joining TDK, Omar served as GM & VP for TE Connectivity, driving profitable growth for its $300M pressure sensor business. Omar joined TE after SMI, the company he led as President & CEO for 7 years, was acquired in 2019. At SMI, Omar helped turn around a struggling subsidiary of the Elmos Group to achieve multiple years of double-digit growth and profit culminating in a competitive sale of the company. Prior to leading SMI, Omar was part of Analog Devices’ Automotive Inertial MEMS team, overseeing the development, strategy, and promotion of the passive safety portfolio. Omar also worked as Design Engineering Lead at Kavlico Corporation, developing ultra-low power capacitive pressure sensors for the automotive and medical markets.
Omar holds a Bachelor of Science degree in Electrical Engineering and Computer Science from UC Berkeley and a Master of Science degree in Electrical Engineering with an emphasis in Analog and RF Circuit design from the University of Southern California. Omar is an Alumni of Harvard Business School via the PLD program and holds 5 patents for his work on MEMS pressure sensors.
Amir Panush served at InvenSense for 7+ years, growing a narrowly focused business into a stronger diversified company, navigating the journey from a public company through the successful integration into TDK, and toward comprehensive growth and large-scale stability.
“Amir took on the role of InvenSense CEO at a challenging time, compounded by the outbreak of a global pandemic. Despite these challenges, he was able to take the organization to the next level, more than doubling the revenue, moving the product and technology roadmaps forward, and assembling a team of world class talent,” stated incoming CEO Omar Abed. “As Amir moves on to be closer to his family and take on his next professional challenge, we express our gratitude for his leadership and wish him happiness and success.”