u-blox Holding AG announced that its Board of Directors has appointed Stephan Zizala as the Company's new CEO, effective 1 January 2023. Mr. Zizala will join u-blox on 1 October 2022 and will take over the CEO responsibilities from Thomas Seiler, u-blox's current CEO, who will assist with a smooth transition until his retirement on 31 December 2022, following more than 20 years at the helm of u-blox. Following his retirement, Mr. Seiler will continue to serve as board member of u-blox, providing advice to the company.

He will chair a newly formed strategy committee. Mr. Zizala is an industry expert with more than 20 years of management and engineering experience focused on microcontroller and power semiconductors as well as global customer experience in the industrial and automotive sectors.