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SkyWater Appoints Dr. Percy Gilbert as Senior Vice President of Engineering

1. Dr. Percy V. Gilbert appointed as SkyWater's new senior vice president of engineering. 2. His leadership is vital for SkyWater's growth in Advanced Technology Services.

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Why Bullish?

Leadership changes can drive innovation and strategic growth, positively impacting stock. Historical examples show firms thriving post-executive appointments when aligned with growth sectors.

How important is it?

Key appointments, especially in technical roles, often influence operational effectiveness and stakeholder confidence. Dr. Gilbert's expertise may spearhead technological advancements at SkyWater, impacting performance.

Why Long Term?

Strategic leadership changes typically lead to long-term growth, enhancing competitive advantage. Past instances show improved performance over several quarters post key hires.

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BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the appointment of Dr. Percy V. Gilbert as senior vice president of engineering. Gilbert will report directly to President and COO John Sakamoto and will be responsible for leading and expanding SkyWater's engineering organization, which is integral to the company's ongoing strategic growth in Advanced Technology Services (ATS), platform solutions and Wafer Servic.

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