Silver Pegasus Acquisition Corp.

Silver Pegasus Acquisition Corp.


MANAGEMENT & BOARD


Executive Officers

Cesar Johnston, 60
Chairman of the Board, President and Chief Executive Officer

Mr. Cesar Johnston, our founding director (appointed on June 5, 2024), and our Chairman, President and Chief Executive Officer (appointed on June 28, 2024), was previously at Energous Corporation (“Energous”) from July 2014 until June 2024. Energous develops silicon-based wireless power transfer (WPT) technologies and customizable reference designs including innovative silicon chips, antennas, software, and transmission systems for a large variety of applications, such as Radio Frequency Tags, and IoTSensors across the Retail, Industrial, Smart Home and Office, and Medical markets. Mr. Johnston served as their Chief Executive Officer from December 2021 until March 2024, and President from June 2023 until March 2024, and Board Director from June 2023 to June 2024. Mr. Johnston held various other executive management roles while at Energous, including Acting Chief Executive Officer from July 2021 to December 2021, Office of the CEO, Chief Operating Officer, Executive Vice President of Engineering and Operations, and Senior Vice President of Engineering. Mr. Johnston also served as an advisor to KINS Capital, LLC the sponsor entity to KINS Technology Group, a SPAC, from December 2020 through March 2023, which completed a business combination with CXApp Holdings, Inc. (Nasdaq: “CXAI”). At the time of the business combination, 99.3% of the public shares had been redeemed. The share price at the close of business on December 26, 2024 was $1.915. Prior to joining Energous, from March 2006 to September 2013, Mr. Johnston’s last position at Marvell Technology Inc. (NASDAQ: MRVL) was Vice President of Engineering for Wireless Connectivity. Marvell Technology Inc. is a developer and producer of semiconductors and related technology, where Mr. Johnston was responsible for R&D and development of all Wi-Fi, Bluetooth, FM, and NFC products. From 2004 to 2006, Mr. Johnston was a Senior Director at Broadcom Inc. (NASDAQ: AVGO), a developer, manufacturer and global supplier of semiconductor and infrastructure software products, where he was responsible for Wi-Fi VLSI and Systems Hardware development products. Mr. Johnston is recognized in the technology development of multiple WiFi wireless products. He serves on the Chief Technology Officer Council for the Global Semiconductor Alliance (GSA). Mr. Johnston received both B.S. and M.S. degrees in Electrical Engineering from the New York University — Tandon School of Engineering and holds a Certificate of Business Excellence (COBE) from the University of California, Berkeley. He is an IEEE Senior Member, and he holds more than 50 US and International patents. Mr. Johnston is well-qualified to serve as a chief executive officer due to his extensive leadership positions and deep technology experience.



Board of Directors

George Jones, 70
Director Nominee

Mr. Jones leads the semiconductor practice and provides strategic advice to private and public companies within the hardware, software, and service domains. He has over 30 years of operating experience and advises semiconductor, embedded software and sensor companies on M&A and strategic financing transactions. Before Woodside Capital, from January 2020 through January 2021, Mr. Jones served as Chief Business Officer at Matrix Industries, Inc., managing sales, marketing, and business development serving enterprise and government customers. Matrix Industries, Inc. is a manufacturer of self-powered machine-learning products designed for connected devices. Mr. Jones has been in general management, sales, and marketing roles at public and private companies, including Pathion, Applied Micro Circuits Corporation (AMCC, now MACOM), RMI Corporation (now Broadcom, Inc.), VLSI Technology Inc. (now NXP), and more recently as a mentor/advisor at 500 Global and Silicon Catalyst. Mr. Jones has been based in Silicon Valley for most of his career and has executed M&A transactions as a deal lead for public, private, domestic, and international entities. As Managing Director of Woodside Capital, Mr. Jones sources clients and leads projects that involve merger and acquisitions as well as capital raises. As the leader of Woodside’s semiconductor practice, he has a unique view and access to this rapidly growing industry. Mr. Jones has also served as a director of PharmaSecure, Inc., a privately held brand protection and security technology company since December 2018. PharmaSecure provides product authentication services to enterprise customers including pharmaceutical and agricultural manufacturers. In addition, he has been serving as a director of SkillMil, Inc., since April 2018. SkillMil, Inc. provides career placement services to retiring military veterans and hiring companies in the private sector. Mr. Jones earned an MBA at The Wharton School and a Bachelor of Electrical Engineering degree at Georgia Tech. He is also a founding member of Sand Hill Angels, a leading angel investment group in Silicon Valley, where he has served as a board member and leader over the years. Mr. Jones’ years in finance and abundance of senior executive leadership positions were the primary qualifications that the Board of Directors considered in concluding that he should serve as a director of the Company.


Hassan Parsa, 63
Director Nominee

Mr. Parsa has been serving as a Limited Partner and Executive Advisor at Candou Angel Network LLC since January 2020 and is a Limited Partner at Catapult Ventures II, L.P. since June 2022. Mr. Parsa is a seasoned high-tech executive with a passion for technology innovation, investing and M&A. He has held leadership positions in Corporate Development, M&A and Venture Capital over the last 25 years at leading technology companies in Silicon Valley. He has created significant strategic value with more than 30 M&A transactions and has deployed more than $500 million in venture investments in semiconductor, mobility, cloud computing, security, and AI market segments. Mr. Parsa was the Global Head of Corporate Development at Arm Holdings plc, the leading provider of semiconductor IP in Computing and AI between April 2010 and May 2022. While at Arm, he was the Chairman of Arm investment committee and held Board positions at Ambiq Micro Inc. (US), Arduino AG. (Italy), Deeptech Labs (UK), Arm IoT fund (Taiwan) and Hopu Arm Innovation Fund (China). Prior to Arm, Mr. Parsa was a partner at Lucent Venture Partners between November 1989 and May 2003 and held executive positions at Centillium Communications Inc. between May 2003 and August 2008, Lucent Technologies and AT&T Bell Labs between June 1985 and November 1989. Mr. Parsa earned an MBA degree with honors from Columbia University in New York City and a Master of Science degree in Electrical Engineering from University of Maryland. Mr. Parsa’s extensive experience as a seasoned high-tech executive with a focus on technology innovation, investing and M&A were the primary qualifications that the Board of Directors considered in concluding that he should serve as a director of the Company.


Mike Noonen, 61
Director Nominee

Mr. Noonen has served as the Chief Executive Officer of Swave Photonics, B.V., since 2022, with 30 years of experience with technology businesses, having assisted with initial public offerings and acquisitions. Mr. Noonen served as the Chief Executive Officer of MixComm, Inc. from 2019 until it was acquired by Sivers Semiconductors, Inc. in early 2022. From 2013 until 2015 Mr. Noonen was the Chairman and co-founder of Silicon Catalyst, Inc., one of the first semiconductor incubators and named as EE Times 2015 Start-up of the Year. Previously, Mr. Noonen served as Executive Vice President for Global Products, Design, Sales, & Marketing at GlobalFoundries, Inc. from 2011 until 2013, Executive Vice President for Worldwide Sales & Marketing, at NXP Semiconductors, B.V. from 2008 until 2011, and Executive Vice President for Global Sales & Marketing at National Semiconductor, Inc. from 2001 until 2008. Mr. Noonen holds multiple patents in the areas of Internet telephony and video communications. Since April 2022, Mr. Noonen has served as a director of SK Growth Opportunities Corp. (Nasdaq: “SKGR”), a SPAC, and serves on the Audit Committee, Compensation Committee and the Corporate Governance Committee. Since March 2022, Mr. Noonen has served as a director of SES AI Corp. (NYSE: “SES”), engaged in the development and production of high-performance Li-Metal rechargeable battery technology for electric vehicles, and serves on the Audit Committee and Compensation Committee. Mr. Noonen also serves as a director of Finwave Semiconductor Inc., a private company in the semiconductor sector linearizing both power amplifiers and low noise amplifiers. In 2013 he was elected to the Global Semiconductor Alliance Board of Directors for a 1 year term. He holds a BSEE from Colorado State University and in 2012 was named the College of Engineering Distinguished Alumni of the Year. Mr. Noonen’s extensive experience as a seasoned executive and board member of publicly traded technology companies in the semiconductor sector, including being on the board of a SPAC, were the primary qualifications that the Board of Directors considered in concluding that he should serve as a director of the Company.