GlobeNewswire·Aug 19, 2026, 8:00 AM ET

Menlo Microsystems Appoints Richard Simoncic as Chief Executive Officer

Menlo Microsystems appointed Richard ("Rich") Simoncic as Chief Executive Officer effective immediately.
Simoncic succeeds Russ Garcia, who served as CEO for a decade and led the company through technology validation & customer development.
Simoncic joins after a 35-year career at Microchip Technology, where he most recently served as COO & helped transform the company into a $5 billion global semiconductor leader.
During his tenure at Microchip, Simoncic founded the analog business, grew it to over $2 billion in annual revenue, & integrated more than 30 acquisitions.
Simoncic previously acted as a strategic advisor to Menlo Micro while it expanded partnerships with semiconductor manufacturers developing AI chips.
Menlo Micro products currently assist companies like NVIDIA in validating & scaling advanced chipsets.
The company is expanding into power control via contracts with the Department of War & into quantum computing with a new cryogenic switch launch.
Simoncic will focus on accelerating growth in semiconductor test & measurement, strengthening customer engagement, & advancing product strategy across AI infrastructure, data centers, defense, & other priority markets.
Menlo Micro's Ideal Switch platform overcomes bottlenecks of electromechanical relays & semiconductor-based switches to enable smaller, faster, & more energy-efficient systems.