Axel Strotbek Appointed Chairman of the Board at Codasip

Codasip, the leader in RISC-V custom compute, has announced the appointment of Axel Strotbek as its new chairman of the board. Axel Strotbek is a highly experienced board professional with a background as long-term chief financial officer at AUDI AG and executive vice president and head of Finance within several units within the Volkswagen Group. He holds an MBA from the University of Illinois and a Master of Science in Industrial Engineering.

Commenting on the appointment, Axel Strotbek said: “This is an exciting time for Codasip. The needs for the semiconductor industry are changing rapidly and Codasip finds itself in the right place at the right time. I look forward to working with a team that has already achieved a lot to build on this momentum and guide the company to reach its full potential.”

Ron Black, CEO of Codasip, added: “Axel is the ideal person for the role as Codasip chairman of the board. He is trained as an engineer as well as in business and financials. On top of that, he brings essential insights into the needs of the automotive industry, which is rapidly adapting innovation and will, in many ways, lead the way for change in the semiconductor industry.”

The appointment of Axel Strotbek is part of a long-term strategic initiative to focus on key customer segments such as automotive, while building a board with global industrial and financial expertise. Codasip is a processor technology company enabling system-on-chip developers to differentiate their products for competitive advantage, and serves a global market.

Today, Codasip announced the appointment of Axel Strotbek as its new chairman of the board. With a background as long-term chief financial officer at AUDI AG and executive vice president and head of Finance within several units within the Volkswagen Group, Strotbek brings extensive experience and insight to the position.

Ron Black, CEO of Codasip, commented: “Axel is the ideal person for the role as Codasip chairman of the board. He is trained as an engineer as well as in business and financials. On top of that, he brings essential insights into the needs of the automotive industry, which is rapidly adapting innovation and will, in many ways, lead the way for change in the semiconductor industry. Axel recognizes the potential of Codasip’s unique custom compute offering and I look forward to working closely with him to take the next steps on our growth journey.”

Axel Strotbek holds an MBA from the University of Illinois and a Master of Science in Industrial Engineering from Karlsruhe Institute of Technology in Germany and Linkoping University in Sweden. The appointment is part of a long-term strategic initiative to focus on key customer segments such as automotive, while building a board with global industrial and financial expertise.

Codasip is a processor technology company providing unique technology to system-on-chip developers. Through its custom compute offering, Codasip Studio design automation tools and open architecture licensing model, customers can easily customize a range of processor IP for competitive advantage. With headquarters in Germany and large design centers in the Czech Republic and the UK, the company serves a global market, where billions of devices are already enabled by Codasip technology.

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