Lonergan Partners Recruits Chief Technology Officer for MIPS

May 2, 2024 – Menlo Park, CA-based executive search firm Lonergan Partners has placed Durgesh Srivasatava as the new chief technology officer of MIPS in San Jose, CA. Kirsten Settle led the global search. “I am joining the MIPS team at a critical time when the company, AI-compute and RISC-V adoption are growing tremendously,” said Mr. Srivasatava. “MIPS has long established itself as an IP industry leader. I look forward to leveraging my expertise and working with the entire MIPS team as we continue to develop innovative solutions that give our customers the freedom to design and create.”

Mr. Srivasatava brings a wealth of expertise in systems architecture for data centers to his role as CTO at MIPS. He previously held a leadership position at Nvidia, where he served as a pivotal liaison between hyperscalars and the NVIDIA technical team, facilitating the seamless deployment of NVIDIA solutions.

With a career spanning over 24 years at Intel Corp, Mr. Durgesh has made significant contributions to data center products, multiple generations of Xeon processors, and automotive technology. His extensive portfolio boasts an array of 30 patents across silicon, systems, and software domains.

MIPS is a developer of high- performance RISC-V compute IP. The company is accelerating compute density in the automotive, cloud and embedded markets. Its multi-threading methodology delivers advanced scalability and the ability to efficiently move and process data faster.

Lonergan Partners is an advisor to technology companies in the Silicon Valley and around the globe. Its partners provide retained executive search services working to recruit CEOs, board of directors, and C-level executives in high tech. Its clientele includes public companies such as Google, Gigamon, Imperva, Rambus, Inphi, Lumentum, Brocade, Xilinx, Fortinet, Symantec, Atheros, Dell, Energous, Teradata, FireEye, and Ruckus Wireless. Lonergan Partners also recruits for venture backed early and mid-stage companies such as Groq, Axiado, D-Wave Systems, Synthetic Genomics, and SiFive. The firm’s private investor relationships include DFJ, Goldman Sachs, Sequoia, NEA, KPCB, Lightspeed, Google Ventures, Sutter Hill, Mayfield, Silver Lake, and Menlo Ventures, among many others.

Ms. Settle is a partner with Lonergan Partners, focusing on recruiting CEOs, CXOs, and direct reports to the CEO for growing public and venture-backed companies in high-performance computing, AI/ML, semiconductors, and systems. She has made placements at prominent public companies including Rambus and Infineon, and has obtained a loyal venture-backed clientele including Groq, SiFive, and Axiado.

Recent Chief Technology Officer Searches

Demand for top technology executives continues to gain momentum and executive search firms have been there to meet this demand. Here is an overview of some top firms working with organizations to fill their needs for technology executives from the Hunt Scanlon archives.

NU Advisory Partners has assisted in the recruitment of Andy Simpson-Pirie as chief technology officer of Sigma7 in New York City. Mr. Simpson-Pirie has a technology career spanning 25 years across a spectrum of early-stage, growth-phase, and large global corporations. Over that time, he has established a track record of launching new products, leading acquisitions, and driving operational improvements across a multitude of verticals. Most recently, Mr. Simpson-Pirie served as chief technology and information officer for S-RM. In this role, he spearheaded positive change for the business, both internally, and also with the company’s global market facing digital technology portfolio. During his career, Mr. Simpson-Pirie has held senior roles in Lloyds Banking Group, Zurich Insurance, Capgemini and Cyberfort Group, as well as in private equity, both in-fund and portfolio companies.

Chicago-headquartered executive search firm Lantern Partners has assisted in the recruitment of Greg Tracy as chief technology officer of Wondr Health in Dallas, TX. “We are pleased to announce that digital health industry veteran, Greg Tracy, has joined Wondr Health, where he will be responsible for leading the company’s product development and engineering efforts,” Lantern Partners said in a LinkedIn post. “We are excited to have an established health technology and innovation leader join our team at a time of great momentum and market expansion for the organization,” said Scott Paddock, CEO of Wondr Health. “Greg brings extensive experience leading technology and innovation teams that deliver transformative solutions to large employers and health plans.”

SPMB Executive Search, which helps find transformative executives throughout Silicon Valley, has recruited Samir Kapoor as the new chief technology officer of NYSE-traded Arlo Technologies, Inc., a smart home security brand in San Jose, CA. The search was led by Sean Lucq and Lea Hagglund from SPMB’s engineering and product practice. “As Arlo looks forward to its next stage of growth, we are excited to welcome Samir into Arlo’s executive leadership as its new chief technology officer,” said Matthew McRae, CEO of Arlo. “Samir brings a proven track record of leading complex engineering organizations that bring together hardware, software, and services into a holistic, complete solution, and Samir is uniquely positioned to lean in and excel in this challenging role.”

Matt Mooney and Jake Espenlaub of ON Partners have helped to place Sathish Gaddipati as chief technology officer of Victory Live, a Clearlake Capital Group backed  technology platform. “I am honored for Sathish to join Victory Live as CTO,” said Sam Soni, founder of Victory Live. “Sathish is an experienced  executive that will help propel our engineering and product teams – and our company as a whole – to new levels of growth and sophistication.” Mr. Gaddipati brings technology leadership experience to Victory Live, having spent over 20 years designing and building distributed platforms, SaaS products, and data & analytics platforms across verticals that include media & entertainment, financial technology, and transportation, among others.

Related: Caldwell Fills Technology Posts for Concentra Bank  

Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Executive Editor; Lily Fauver, Senior Editor – Hunt Scanlon Media

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