Airgain Announces Appointment of David Lyle as New Chief Financial Officer
14 January 2020 - 8:30AM
Business Wire
Seasoned Technology and Financial Operations
Leader Joins Airgain’s Executive Team
Airgain, Inc. (NASDAQ: AIRG), a leading provider of advanced
antenna technologies used to enable high performance wireless
networking across a broad range of devices and markets, including
consumer, enterprise, and automotive, today announced the
appointment of David Lyle as Chief Financial Officer (CFO). With
twelve years of public company CFO experience and over two decades
of experience in the technology industry, much of which spent in
wireless technology markets, Lyle will oversee Airgain’s financial
and accounting operations as well as corporate development.
Lyle has a proven track record in successfully scaling high
growth technology companies, having served in leadership roles in
both public and private companies. Before joining Airgain, Lyle was
the CFO of Sunniva, Inc. (CSE: SNN, OTCQB: SNNVF). Prior to
Sunniva, he was CFO at Maxwell Technologies, Inc. (NASDAQ: MXWL)
for four years, which was acquired by Tesla in 2019. Lyle also
served as the CFO of Entropic Communications, Inc. (NASDAQ: ENTR),
which was acquired in 2015 by MaxLinear. Prior to Entropic, he
served as the CFO of RF Magic, acquired by Entropic in 2007, Zyray
Wireless, acquired by Broadcom in 2004, and Mobilian, acquired by
Intel in 2003. Notably, he served in corporate finance positions at
large global companies, including Intel (NASDAQ: INTC) and Broadcom
(NASDAQ: BRCM). Lyle was the winner of the 2011 San Diego Business
Journal CFO of the Year, and Finalist in the 2018 CFO of the Year
Awards.
“I am very pleased to welcome such a high caliber leader to the
team,” said Jacob Suen, Airgain’s President and Chief Executive
Officer. “David has an impressive background in driving revenue
growth in major technology companies on a global scale. His
extensive background and experience with corporate development,
investor relations, public company management, and operational
finance is an ideal fit for Airgain’s financial objectives. I look
forward to Lyle making an immediate impact by driving our strategic
initiatives and leading the finance and accounting teams. Moving
forward, I believe Airgain will benefit from his vast experience in
successfully guiding highly valued companies through the evolving
technology landscape.”
“It’s clear to me that Airgain is a market leader in delivering
complex antenna designs that are deployed across tier one global
service providers,” said Lyle. “With its track record of solid
financial execution and commitment to advanced innovation, I
believe Airgain is well positioned for long-term expansion and
sustainable profitability. I’m excited to leverage my experience to
drive the execution of the company’s ambitious vision and business
objectives, and I’m looking forward to contributing to Airgain’s
next stage of growth.”
About Airgain, Inc.
Airgain is a leading provider of advanced antenna technologies
used to enable high performance wireless networking across a broad
range of devices and markets, including consumer, enterprise, and
automotive. Combining design-led thinking with testing and
development, Airgain works in partnership with the entire
ecosystem, including carriers, chipset suppliers, OEMs, and ODMs.
Airgain’s antennas are deployed in carrier, fleet, enterprise,
residential, private, government, and public safety wireless
networks and systems, including set-top boxes, access points,
routers, modems, gateways, media adapters, portables, digital
televisions, sensors, fleet, and asset tracking devices. Airgain is
headquartered in San Diego, California, and maintains design and
test centers in the U.S., U.K., and China. For more information,
visit airgain.com, or follow us on
LinkedIn and Twitter.
Airgain and the Airgain logo are registered trademarks of
Airgain, Inc.
Forward-Looking Statements
Airgain cautions you that statements in this press release that
are not a description of historical facts are forward-looking
statements. These statements are based on the company's current
beliefs and expectations. These forward-looking statements include
statements regarding the expected benefits from Mr. Lyle’s
experience, and Airgain’s position for long-term expansion and
sustainable profitability. The inclusion of forward-looking
statements should not be regarded as a representation by Airgain
that any of our plans will be achieved. Actual results may differ
from those set forth in this press release due to the risk and
uncertainties inherent in our business, including, without
limitation: risks associated timely and successfully executing a
smooth transition of CFO functions; risks and uncertainties related
to management and key personnel changes; the market for our antenna
products is developing and may not develop as we expect; risks
associated with the performance of our products; our products are
subject to intense competition, including competition from the
customers to whom we sell, and competitive pressures from existing
and new companies may harm our business, sales, growth rates and
market share; and other risks described in our prior press releases
and in our filings with the Securities and Exchange Commission
(SEC), including under the heading "Risk Factors" in our Annual
Report on Form 10-K and any subsequent filings with the SEC. You
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof, and we
undertake no obligation to revise or update this press release to
reflect events or circumstances after the date hereof. All
forward-looking statements are qualified in their entirety by this
cautionary statement, which is made under the safe harbor
provisions of the Private Securities Litigation Reform Act of
1995.
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version on businesswire.com: https://www.businesswire.com/news/home/20200113005872/en/
Jules Cassano Director of Marketing Airgain, Inc.
media@airgain.com
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