Everspin Technologies, Inc. (NASDAQ:MRAM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 27, 2017, Scott Sewell, Vice President, Worldwide Sales, informed Everspin Technologies, Inc. (the “Company”) that he will be leaving the Company effective April 28, 2017. He will be succeeded by Annie Flaig in the position of Senior Vice President, Worldwide Sales of the Company. Ms. Flaig, age 46, most recently served as Vice President of SanDisk Corporation from 2015 to 2016, where she led Channel, OEM, Systems Integrator and ISV partners to deliver intelligent flash storage systems and software. From 2012 to 2015, Ms. Flaig served as Vice President, Americas Sales and Marking at HGST, Inc. a subsidiary of Western Digital Corporation, where she was responsible for leading sales teams focused on Tier One Global Cloud, Storage, Server and Consumer Electronics OEMs. Her duties also included the Americas Channel focused on the distribution channel servicing OEMs, System Integrators, VARs, DMRs, eTail, and Brick and Mortar customers. From 1992 to 2012, Ms. Flaig served in various sales roles at Advanced Micro Devices, Inc., most recently as Corporate Vice President, Worldwide Enterprise and Commercial Solutions Sales. Ms. Flaig holds a B.S. in Marketing from Santa Clara University.

About Everspin Technologies, Inc. (NASDAQ:MRAM)

Everspin Technologies, Inc. is a United States-based provider of magnetoresistive random-access memory (MRAM) solutions. The Company is engaged in designing, manufacturing and shipping discrete and embedded MRAM and spin-torque MRAM (ST-MRAM) into markets and applications. The Company’s products include 8-bit/16-bit Parallel Interface MRAM, Serial Peripheral Interface (SPI), Quad SPI and Double Data Rate (DDR) 3 dynamic random-access memory (DRAM) Compatible MRAM – Spin Torque Technology. The Company’s MR10Q010 Quad SPI MRAM is a memory solution for applications that store and retrieve data and programs. Its DDR3 DRAM Compatible MRAM – Spin Torque Technology is designed to comply with all DDR3 DRAM features, such as on-device termination (ODT) and internal ZQ calibration. Its family of both parallel asynchronous input/output (I/O) and serial peripheral interface (SPI) products in densities ranging from 256 kilobyte (Kb) to 16 megabyte (Mb) is available in die form.

Everspin Technologies, Inc. (NASDAQ:MRAM) Recent Trading Information

Everspin Technologies, Inc. (NASDAQ:MRAM) closed its last trading session down -0.33 at 9.35 with 14,998 shares trading hands.