Silvaco (SVCO) announced that Babak Taheri has left the company, effective August 19, following nearly seven years as CEO, during which he led the company through its initial public offering. The board has appointed Walden Rhines as the company’s new CEO, effective immediately. Rhines has served as a member of Silvaco’s board of directors and as a member of the audit committee since September 2022.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SVCO:
- Silvaco price target lowered to $8 from $10 at TD Cowen
- Strategic Acquisitions and Market Positioning Drive Buy Rating for Silvaco Group, Inc.
- Positive Outlook for Silvaco Group, Inc. Despite Short-Term Challenges
- Silvaco Group Reports Q2 2025 Financial Results
- Silvaco reports Q2 EPS (16c), consensus (8c)