EY Announces Sanjeev Aggarwal of Everspin Technologies as an Entrepreneur Of The Year 2024 Pacific Southwest Award Finalist

Ernst & Young LLP (EY US) today announced that President and CEO Sanjeev Aggarwal of Everspin Technologies was named an Entrepreneur Of The Year 2024 Pacific Southwest Award finalist. Now in its 38th year, Entrepreneur Of The Year is the preeminent competitive business award for audacious leaders who disrupt markets, revolutionize sectors and have a transformational impact on lives. Over the past four decades, the program has recognized the daring entrepreneurs with big ideas and bold actions that reshape our world.

Aggarwal was selected as a finalist by an independent panel of judges. The candidates were evaluated based on their demonstration of building long-term value through entrepreneurial spirit, purpose, growth and impact, among other core contributions and attributes.

Aggarwal's selection as a finalist is a testament to his transformative leadership at Everspin. Specializing in Magnetoresistive Random Access Memory (MRAM), including Toggle and Spin-Transfer Torque variants, the company has become a global leader, with over 150 million products delivered to a diverse clientele spanning industrial, IoT, data center and automotive sectors, to name a few. Aggarwal, a distinguished Cornell graduate and Senior IEEE member, boasts over 25 years of expertise in non-volatile memory and semiconductor industries. His technical prowess is evidenced by over 150 patents, 100 publications, and numerous presentations. Prioritizing sustainable profitability and operational discipline, under his guidance, Everspin revamped its product strategy, achieving a remarkable cadence of launching new products every six months, a testament to his visionary leadership and resolute belief in Everspin's potential.

“True entrepreneurship calls for responsible innovation supported by resilience and perseverance, in the relentless pursuit of excellence. At Everspin, we've embraced challenges as opportunities and turned adversity into our greatest successes,” said Aggarwal. “We specialize in magnetoresistive memory technology, pioneering the successful commercialization of MRAM. Our innovative advancements have enabled deploying MRAM as a superior alternative to FLASH, DRAM, and SRAM in applications in which the protection of critical data is paramount. Our commitment to revolutionizing the digital landscape drives us to create solutions that empower industries worldwide, from industrial IoT and enterprise infrastructure to automation and control and FPGA markets, unlocking new frontiers of possibility,” he added.