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Umesh Padval Joins Impinj Board of Directors


Impinj, Inc. (NASDAQ: PI), a leading provider and pioneer of RAIN RFID solutions, today announced that Umesh Padval has joined its board of directors.

“Umesh brings extensive experience operating high-growth technology companies,” said Impinj Board Chair Peter van Oppen. “These skills, along with board and venture capital experience, are a strong addition to our team.”

“His love of technology, his entrepreneurial spirit, and his broad operational and strategic experience are what make Umesh a great fit for Impinj and an outstanding addition to our board,” said Impinj CEO Chris Diorio.

Padval is a venture partner at Thomvest Ventures and serves as a board member at multiple growth-stage technology companies. Prior to joining Thomvest, Padval worked for over 8 years at Bessemer Venture Partners. Prior to Bessemer, he was an executive vice president at LSI after its acquisition of C-Cube Microsystems, where he had served as president and CEO. He holds a bachelor’s degree in technology from Indian Institute of Technology, Mumbai, and master’s degrees in engineering from both Pennsylvania State University and Stanford University.

Padval joins Tom A. Alberg, Clinton Bybee, Chris Diorio, Dan Gibson, Cathal Phelan, Gregory Sessler, Peter van Oppen, and Theresa Wise on the Impinj board of directors.

About Impinj

Impinj (NASDAQ: PI) helps businesses and people analyze, optimize, and innovate by wirelessly connecting billions of everyday things—such as apparel, automobile parts, luggage, and shipments—to the Internet. The Impinj platform uses RAIN RFID to deliver timely data about these everyday things to business and consumer applications, enabling a boundless Internet of Things. www.impinj.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20201202005931/en/

Impinj Inc Stock

€109.10
-4.180%
Impinj Inc took a tumble today and lost -€4.800 (-4.180%).
We see a rather positive sentiment for Impinj Inc with 11 Buy predictions and 2 Sell predictions.
As a result the target price of 111 € shows a slightly positive potential of 1.74% compared to the current price of 109.1 € for Impinj Inc.
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