Axel Strotbek brings to Codasip a wealth of experience as a board professional, including a long-standing CFO at Audi AG
Munich, Germany, July 2023 – Codasip, the leader in RISC-V custom computing , is pleased to announce that it has appointed Axel Strotbek as its new Chairman of the Board. The announcement is part of the company's long-term strategic plan to focus on key customer segments such as automotive, while assembling a board with global industrial and financial expertise. The appointment also underscores the company's strong presence in Europe, with Codasip headquartered in Germany and large design centers in the Czech Republic and the UK.
Axel Strotbek is an experienced board professional having spent ten years at Audi AG as Chief Financial Officer and member of the Board of Management. Previously, he served as executive vice president and treasurer of various divisions at Volkswagen Group. Currently, Axel Strotbek is a member of the supervisory boards of several companies, a senior consultant at McKinsey & Company and supports managers as a business coach. Axel Strotbek holds an MBA from the University of Illinois, as well as a master's degree in Industrial Engineering from the Karlsruhe Institute of Technology in Germany and Linkoping University in Sweden .
“This is an exciting time for Codasip ! Market demands on the semiconductor industry are changing rapidly and Codasip finds itself in the right position at the right time. The company offers a unique technology and has received a large amount of venture capital and the EU Funding. I look forward to working with a team that has already achieved a lot, building on this momentum and guiding the company to its full potential," said Axel Strotbek .
Ron Black , CEO of Codasip , commented: “ Axel is an ideal candidate for the role of Chairman of the Codasip Board of Directors. He has worked as an engineer by profession and has extensive experience in business and finance. Most importantly, he brings a passion for automotive Unique insight into the needs of an industry that is rapidly introducing innovations and will in many ways lead the transformation of the semiconductor industry. Axel recognizes Codasip 's unique potential in custom computing products and I look forward to working closely with him as we grow Take the next step in your journey. ”
About Codasip
Codasip , as a leading processor solution provider, enables System-on-Chip ( SoC ) developers to design differentiated products to gain a competitive advantage. Customers can use Codasip Studio design automation tools, open architecture licenses and customizable RISC-V processor IP series to fully unlock the unlimited potential of RISC-V through custom computing. Headquartered in Europe, Codasip also serves the global market, and has achieved deployment in billions of chips. For more information visit: www.codasip.com .