SiTime Corporation (NASDAQ: SITM), the Precision Timing company, has announced the appointment of Ganesh Moorthy to its Board of Directors, succeeding Tom Yiu, who is stepping down after a long and impactful tenure. “Tom Yiu’s more than four decades of experience in the global semiconductor industry have been invaluable to SiTime,” said Rajesh Vashist, chairman and CEO of SiTime. “Under his guidance, our company grew from approximately $280 million in market capitalization at the IPO in 2019 to over $7 billion today. His insights and extensive experience across six companies and multiple board roles have significantly strengthened our leadership in Precision Timing. On behalf of the SiTime team and our stakeholders, I extend our deepest gratitude for his contributions. As we enter our next phase of growth, I am excited to welcome Ganesh Moorthy, whose proven track record in scaling organizations to multi-billion-dollar revenue will be a tremendous asset.” Ganesh Moorthy served as president and CEO of Microchip Technology Inc. until his retirement at the end of November 2024. He joined Microchip’s Board of Directors in January 2021 and was appointed CEO in March 2021. Prior to that, he held key leadership roles at Microchip, including chief operating officer and executive vice president of several business units. Before joining Microchip in 2001, Moorthy spent 19 years in engineering and executive positions at Intel. “Joining SiTime’s board comes at a pivotal moment of growth and expansion for the company,” said Moorthy, who is now retired from his role as president and CEO of Microchip. “SiTime is not just disrupting a century-old industry—it has created the Precision Timing category and is setting the standard for what’s possible in timing technology to meet the demands of AI and data centers, robotics, mobile, automotive, and intelligent IoT devices. In advanced digital electronics, timing and clock ICs play a critical role by delivering precise signals that coordinate data flow—acting like a metronome to ensure synchronized processing and transmission, and helping prevent errors in fast, complex systems.” Moorthy currently chairs the Board of Directors at Ralliant, a global test and measurement and safety and sensor systems company. He also serves on the boards of Celanese, a global chemical and specialty materials company, and Ayar Labs, a private venture-funded leader in optical interconnect solutions for large-scale AI workloads. SiTime Corporation is the Precision Timing company. Its semiconductor MEMS programmable solutions offer a rich feature set that enables customers to differentiate their products with higher performance, smaller size, lower power, and better reliability. With more than 3.5 billion devices shipped, SiTime is transforming the timing industry. For more information, visit www.sitime.com.