Littelfuse has appointed Dr. Karim Hamed as Senior VP and General Manager of its Semiconductor Business, succeeding Chad Marak. Dr. Hamed brings over two decades of industry experience to drive strategic growth and innovation. The company has a strong financial performance and positive earnings call, but caution is advised due to overbought conditions and high valuation metrics.
Littelfuse, Inc. (NASDAQ: LFUS) has appointed Dr. Karim Hamed as Senior Vice President and General Manager of its Semiconductor Business, effective August 11, 2025. This appointment follows the departure of Chad Marak and is aimed at driving strategic growth and innovation within the company's Electronics Segment.
Dr. Hamed brings over two decades of global leadership experience in the semiconductor industry. His extensive background includes roles at Analog Devices, Hittite Microwave Corporation, TriQuint Semiconductor, and Mimix Broadband. Most recently, he served as Corporate Vice President, Industrial and Healthcare Business Group at Analog Devices. Dr. Hamed holds a PhD in Electrical & Computer Engineering from Queen's University in Canada.
The appointment of Dr. Hamed is seen as a significant move by Littelfuse to bolster its semiconductor operations. The company aims to leverage his expertise to enhance its operations and industry positioning. According to TipRanks, a premium investment research platform, the stock of Littelfuse is rated as an Outperform, driven by strong financial performance and positive earnings calls. However, caution is advised due to overbought conditions and high valuation metrics [3].
Littelfuse, Inc. is a diversified industrial technology manufacturing company that empowers a sustainable, connected, and safer world. With operations in over 20 countries and approximately 16,000 global associates, the company partners with customers to design and deliver innovative, reliable solutions across various industrial, transportation, and electronics end markets.
References:
1. [Littelfuse Appoints Dr. Karim Hamed as Senior VP and General Manager](https://www.marketscreener.com/news/littelfuse-inc-appoints-karim-hamed-as-senior-vice-president-and-general-manager-semiconductor-bu-ce7c5edfdf8af623)
2. [Littelfuse Names Dr. Karim Hamed](https://finance.yahoo.com/news/littelfuse-names-dr-karim-hamed-123000374.html)
3. [Littelfuse Appoints New Senior VP for Semiconductor Unit](https://www.tipranks.com/news/company-announcements/littelfuse-appoints-new-senior-vp-for-semiconductor-unit)
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