Credo Technology Group appoints Clyde Hosein to its Board of Directors

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Clyde Hosein, Board of Directors, Credo Technology Group Holding Ltd
Clyde Hosein, Board of Directors, Credo Technology Group Holding Ltd

Credo Technology Group Holding Ltd, an innovator in providing secure, high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, yesterday announced the appointment of Clyde Hosein to the Company’s board of directors effective April 3, 2024.

“Clyde’s appointment to the Credo board underscores our commitment to strong financial stewardship and strategic growth,” said Bill Brennan, President and Chief Executive Officer of Credo. “His extensive experience in navigating complex financial landscapes will be invaluable as we grow as a company and continue to advance our mission of providing secure, high-speed connectivity solutions. On behalf of the entire Company, I am honored to welcome Clyde to Credo.”

Mr. Hosein commented, “I am honored to join Credo’s board of directors at this pivotal juncture in the technology industry’s evolution. The emergence of Generative AI applications underscores the critical importance of high bandwidth connectivity solutions, and Credo’s reputation for innovation places it squarely at the forefront of this transformative landscape. I am eager to contribute my expertise to help steer the company towards even greater success.”

Credo Technology Group Holding Ltd

Mr. Hosein has more than 25 years of experience as a chief financial officer responsible for the finance and accounting functions of publicly traded companies. He has served on the board of directors of Dentsply Sirona Inc. (Nasdaq: XRAY), one of the world’s largest manufacturers of professional dental products and technologies, since September 2020. He has been a member of the board of directors of Wolfspeed (NYSE: WOLF), the global leader in silicon carbide technology, since December 2005.

Most recently he served as Chief Financial Officer of AliveCor Inc., a medical device and AI company producing ECG hardware and software for consumer mobile devices, from March 2021 to April 2023. Prior to AliveCor, Mr. Hosein served as Chief Financial Officer of Automation Anywhere, Inc., an enterprise software provider of robotic process automation, from December 2017 to March 2021. From August 2013 to May 2017, he served as Executive Vice President and Chief Financial Officer of RingCentral, Inc. His other senior level financial positions have included the following: Chief Financial Officer and Chief Operating Officer of Marvell Technology Group Ltd., Vice President and Chief Financial Officer of Integrated Device Technology, Inc., and Chief Financial Officer at Candescent Technologies. Early in his career, he spent 14 years in financial and engineering roles at IBM Corporation.

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