Sivers Semiconductors AB announced that its subsidiary, Sivers Semiconductors Inc., has appointed Dr. Bami Bastani as US Executive Chairman and has been nominated as the Chairman of the Board of Directors of Sivers Semiconductors AB. Dr. Bastani joined Sivers' team as Strategic Advisor to the Board and the Management team in August 2023. He brings over 42 years of semiconductor industry experience, most recently as Senior Vice president at GlobalFoundries and GlobalFoundries' board member at the Global Semiconductor Alliance (GSA).

Prior to GlobalFoundries, Dr. Bastani held President, CEO, and Board member positions at Meru Networks, Trident Microsystems, and ANADIGICS. He brings over 20 years of serving on Boards of Directors of public and private companies. Dr. Bastani will assist the CEO, Anders Storm, in further strengthening Sivers' position in the US with his vast network of executive contacts, sales opportunities, attracting talent, and overall strategies for success.