DURHAM – A former Intel Corporation executive has been appointed as president and CEO of Semiconductor Research Corporation (SRC), a global semiconductor research consortium based in Durham.

Todd Younkin, who is currently executive director of SRC’s Joint University Microelectronics Program (JUMP), replaces Ken Hansen who is retiring after leading SRC the past five years. Younkin will start transitioning to his new role on August 18.

“I am honored to lead SRC, a one-of-a-kind consortium with incredible potential and exceptionally talented people,” Younkin said in a statement. “Together, we will deliver on SRC’s mission to bring the best minds together to achieve the unimaginable. SRC is well-positioned to meet our commitment to SRC members, employees, and stakeholders by paving the way for the semiconductor industry. Our strong values, unique innovation model, and unflinching commitment to our members are core SRC principles that we will maintain as we move forward.”

Todd Younkin

Prior to SRC, Younkin held senior technical positions at Intel Corporation. Among them, he was an assignee to IMEC, an international semiconductor research and development hub, where he worked closely within the consortium to help move Extreme Ultraviolet Lithography (EUVL) into commercialization.

He holds a Ph.D. from the California Institute of Technology and Bachelor of Science from the University of Florida.

“The challenges facing the semiconductor industry today are as exciting and demanding as ever before,” said Gil Vandentop, SRC Chairman of the Board, in a statement. “At the same time, AI, 5G+, and Quantum Computing promise to provide unfathomable gains and benefits for humanity. The need for research investments that bring these technology advances to bear is paramount. Todd has demonstrated an ability to bring organizations together, tackle common research causes, and advance technologies into industry. He has a clear vision to take SRC to the next level. I am delighted that Todd has accepted this challenge and will become the next SRC CEO.”