MemryX Appoints Ross Jatou as CEO and Joe Faris as VP of Sales

The new appointments strengthen MemryX’s leadership team as the company expands its AI acceleration technology beyond edge computing applications and into emerging data center markets.

Ross Jatou brings more than 30 years of experience in the semiconductor and AI industries, with expertise in engineering, operations, and business leadership. He joins MemryX from Alat Corporation, where he led semiconductor and AI infrastructure initiatives.

Before that, Jatou served as Senior Vice President of the Intelligent Sensing Group at onsemi. He also spent 15 years at NVIDIA, where he most recently held the role of Vice President of Engineering, overseeing enterprise, automotive, and AI platforms.

Ross Jatou succeeds Keith Kressin, who has led MemryX since December 2021. During his tenure, Kressin helped bring the companys AI inference products to market, expand its global customer base and advance its hardware and software platforms for commercial use.

Joe Faris joins MemryX as the company expands its customer base across edge AI, industrial, automotive, and infrastructure markets. He brings more than 20 years of experience in business development, sales, and technology leadership.

Most recently, Faris worked at Luminar Technologies, where he led global business development, and engineering teams serving automotive and industrial customers. Before that, he held leadership positions at onsemi, overseeing applications engineering for sensors and processors, and spent nearly 10 years in technical roles at Intel and TRW.

"AI adoption is increasingly being shaped by efficiency, deployment flexibility, and time to production," said Faris. "MemryX has developed a compelling solution that addresses these challenges with a mature hardware and software platform already proven in real world edge deployments. I'm excited to help expand the company's customer and partner ecosystem as we scale into new markets."

"With Ross and Joe joining the leadership team, MemryX is exceptionally well positioned for its next phase of growth," said Rick Bolander Board Member, MemryX. "Their combined expertise across semiconductor engineering, operations and global customer engagement strengthens the companys ability to scale commercially while continuing to advance its differentiated AI inference technology. We believe MemryX is entering a significant new stage of market opportunity."

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"After leading MemryX for the past four years, I'm very pleased to pass the baton to Ross to lead the company through its next stage of growth," said Kressin. "Having brought MemryX to full production with strong operational efficiency and a robust software stack, I believe this is the right moment for a leadership transition. Ross brings extensive executive experience in the global semiconductor space, spanning engineering leadership and P&L roles. MemryX has an exceptional engineering team and a strong fundamental architecture, and I'm confident Ross is well positioned to lead the company forward."

"MemryX has built an exceptional engineering foundation and a highly differentiated AI architecture optimized for efficiency, and scalability," said Jatou. "As AI infrastructure rapidly evolves, the industry is facing increasing power and deployment challenges across both edge and data center environments. MemryX is uniquely positioned to address those demands with a proven architecture designed to deliver high performance inference with significantly improved efficiency."

About MemryX Inc

Founded in 2019 by Wei Lu, MemryX is a semiconductor company that develop's AI inference acceleration technology for edge, and data center applications. Headquartered in Ann Arbor, Michigan, the company uses a proprietary architecture designed to improve AI processing efficiency.

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