SK hynix Inc. announced on Tuesday, May 16, that its NAND flash memory solutions subsidiary, Solidigm, has assigned two new chief executive officers that will manage the company. The company picked two CEOs to maximize synergies between the two companies in this period when the chip business is sort of on a decline due to the economic situation.
According to Yonhap News Agency, the company picked Noh Jong Won, the president of SK hynix and chief business officer of Solidigm and David M. Dixon, the senior vice president and general manager of the NAND Solutions firm's data center storage group, to serve as co-chiefs of the chip company that is based in California.
Soldigm said that Noh and Dixon are the best executives for the position as they have already proven their leadership in the field. "They are the most qualified given their proven leadership in the data-center solid-state drive (SSD) business and business optimization, respectively," the company explained.
It added that the former previously led Solidigm's efforts to explore new business opportunities and build deeper relationships with business partners, while Dixon has a 28-year work experience at Intel Corp. as an enterprise SSD expert.
The company said Dixon "has been at the forefront of Solidigm's efforts to set up SSD development strategies and plan products as the head of the company's data center group." Moreover, Noh also worked for SK Telecom, and he has shown his expertise in various facets of the business, such as setting up strategies and handling mergers and acquisitions.
Finally, The Korea Herald reported that the new co-CEOs are replacing Kwak Noh Jung who is SK hynix's president and chief product and production officer. Kwak assumed the chief role when Solidigm's CEO, Rob Crooke, suddenly left the company in November 2022.
Photo by: Solidigm Media Kits


Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Thailand Inflation Remains Negative for 10th Straight Month in January
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 



