MACOM Promotes Two Senior Leaders
Rhea-AI Summary
MACOM (NASDAQ: MTSI) announced on January 26, 2026 the promotion of two senior leaders to Senior Vice President roles to strengthen execution of strategic initiatives and advanced technology development. Stephen Ferranti is promoted to Senior Vice President, Corporate Development and Investor Relations, will continue to oversee strategic acquisitions and brings experience in corporate development, investor relations and prior sell‑side analyst and semiconductor roles. Gregg Jessen is promoted to Senior Vice President, Advanced GaN Technology and brings deep R&D leadership in RF GaN on SiC and over 100 publications with 7,000+ citations.
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Key Figures
Market Reality Check
Peers on Argus
MTSI was down 2.24% with peers also lower: RMBS -6.43%, CRUS -1.99%, QRVO -0.63%, TSEM -0.68%, LSCC -0.48%, indicating a broader semiconductor pullback alongside this company-specific management update.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 22 | Earnings date notice | Neutral | -0.9% | Scheduled Q1 2026 results and conference call announcement. |
| Jan 12 | Board appointment | Positive | +13.0% | Addition of experienced semiconductor executive to board of directors. |
| Nov 25 | COO promotion | Positive | -0.1% | Promotion of longtime operations leader to Chief Operating Officer. |
| Nov 06 | Earnings report | Positive | +11.5% | Strong Q4 and FY25 revenue growth with guidance for Q1 2026. |
| Nov 04 | Technology licensing | Positive | -4.0% | Exclusive license to manufacture HRL’s 40nm GaN-on-SiC process. |
Management and strategic announcements have produced mixed reactions, while strong earnings and guidance have previously aligned with double-digit positive moves.
Over the past few months, MACOM has combined strategic leadership moves with solid financial performance. An earnings release on Nov 6, 2025 highlighted strong revenue growth and guidance and saw shares rise 11.52%. A board appointment on Jan 12, 2026 coincided with a 12.97% gain. By contrast, operational promotions on Nov 25, 2025 and a GaN process licensing deal on Nov 4, 2025 saw flat-to-negative reactions, underscoring that not all positive strategic or technology updates translate into immediate price strength.
Market Pulse Summary
This announcement highlights MACOM’s focus on strengthening its leadership team in corporate development, investor relations, and advanced GaN technology. The promotions build on earlier management and technology initiatives and come as the stock trades above its 200-day MA and close to its 52-week high. Historical news flow shows that earnings and major strategic moves have been more impactful on the share price than internal promotions alone, so future catalysts may hinge on execution and upcoming financial results.
Key Terms
rf technical
AI-generated analysis. Not financial advice.
LOWELL, Mass., Jan. 26, 2026 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ: MTSI), a leading supplier of semiconductor products, today announced the promotions of two senior leaders within the organization to the Senior Vice President level. These promotions further strengthen and expand MACOM’s management team, with a focus on executing strategic corporate initiatives to grow and better serve its diverse customer base, as well developing advanced semiconductor technologies.
Mr. Stephen Ferranti promoted to Senior Vice President Corporate Development and Investor Relations. Mr. Ferranti joined MACOM in 2016 and has recently served as MACOM’s Vice President, Corporate Development and Investor Relations. Mr. Ferranti brings broad-based experience in corporate development, marketing and growth strategies, capital structure and risk management and investor relations. Mr. Ferranti has managed and will continue to oversee MACOM’s strategic acquisition initiatives. Mr. Ferranti has previous experience as a Wall Street sell side analyst, and prior to that semiconductor industry technical experience at two leading hardware companies. Mr. Ferranti earned his Bachelor of Science in Mechanical Engineering from the University at Buffalo, his Master of Science in Mechanical Engineering from Binghamton University and his MBA in Finance from Southern Methodist University.
Dr. Gregg Jessen promoted to Senior Vice President, Advanced GaN Technology. Dr. Jessen joined MACOM in 2022 and has recently served as a Distinguished Fellow of Technology. Dr. Jessen brings extensive R&D leadership experience in advanced microelectronics, with a demonstrated history of developing RF GaN on SiC technology and emerging electronic materials for device and MMIC applications. Prior to joining MACOM, Dr. Jessen served as Director of the Microelectronics Center Foundry at BAE Systems, where he was also elected as an Engineering Fellow. Prior to that Dr. Jessen was a Fellow at the Air Force Research Laboratory in the Subsystems and Components Division, leading the development of mm-wave GaN transistor and MMIC technology for radar, communications and electronic warfare applications. Dr. Jessen earned his B.S. in engineering physics from Wright State University and his M.S. and Ph.D. in electrical engineering from The Ohio State University. He has authored or co-authored more than 100 journal articles and conference papers, with over 7,000 citations. Dr. Jessen currently serves as Associate Editor-in-Chief for IEEE Electron Device Letters, a leading journal in the field of electronic devices.
“Congratulations to both Stephen and Gregg for their well-deserved promotions,” said Stephen G. Daly, President and Chief Executive Officer of MACOM. “These promotions reflect the hard work and dedication of two prominent contributors and our ongoing focus on driving innovation and strategic growth and development.”
About MACOM
MACOM designs and manufactures semiconductor products for telecommunications, industrial and defense and data center applications. Headquartered in Lowell, Massachusetts, MACOM has design centers and sales offices throughout North America, Europe and Asia. MACOM is certified to the ISO9001 international quality standard and ISO14001 environmental management standard.
Special Note Regarding Forward-Looking Statements
This press release contains forward-looking statements based on MACOM management’s beliefs and assumptions and on information currently available to our management. These forward-looking statements include, among others, statements about MACOM’s strategic plans, priorities, future development plans, ability to grow and better serve its customer base and information concerning each of Mr. Ferranti’s and Dr. Jessen’s expertise and expected future contributions to MACOM.
These forward-looking statements reflect MACOM’s current views about future events and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause those events or our actual activities or results to differ materially from those indicated by the forward-looking statements, including, among other things, our ability to develop new products and achieve market acceptance of those products; component shortages or other disruptions in our supply chain, including as a result of geopolitical unrest or otherwise; inflationary pressures; any failure to accurately anticipate demand for our products and effectively manage our inventory; our dependence on a limited number of customers; risks related to any weakening of economic conditions; our ability to compete effectively; and those other factors described in “Risk Factors” in MACOM’s filings with the Securities and Exchange Commission (“SEC”), including its Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q and other filings with the SEC. These forward-looking statements speak only as of the date of this press release, and MACOM undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Company Contact:
MACOM Technology Solutions Holdings, Inc.
Stephen Ferranti
Senior Vice President, Corporate Development and Investor Relations
P: 978-656-2977
E: stephen.ferranti@macom.com
FAQ
Who was promoted at MACOM (MTSI) on January 26, 2026?
What responsibilities will Stephen Ferranti have after his promotion at MACOM (MTSI)?
What technical expertise does Gregg Jessen bring in his new SVP role at MACOM (MTSI)?
When did Stephen Ferranti and Gregg Jessen join MACOM (MTSI)?
What notable academic and publication credentials does Gregg Jessen have noted by MACOM (MTSI)?
