Huntington Beach, California, 3 April 2018:
US orbital launch provider Rocket Lab has today announced the appointment of Adam Spice as Chief Financial Officer, to be based at Rocket Lab headquarters in Huntington Beach, California.
Mr. Spice joins Rocket Lab following seven years at MaxLinear, Inc. (NYSE:MXL), a leading provider of radio frequency (RF), analog and mixed-signal integrated circuits for the connected home, wired and wireless infrastructure, and industrial and multimarket applications.
Mr. Spice brings more than 20 years of finance, accounting, facilities, procurement, and IT management, and leadership over more than 50 strategic acquisition and investments transactions representing approximately $7 billion to Rocket Lab.
“We are thrilled to welcome Adam to the Rocket Lab team. He will play a key role in Rocket Lab’s growth as we expand commercial operations, increase launch frequency and solidify our position as the world’s preeminent private small launch provider,” says Rocket Lab founder and CEO Peter Beck.
In his role as Vice President and Chief Financial Officer at MaxLinear, Mr. Spice played a key role in growing the business from approximately $70 million in 2010 to one that generated $421 million in revenues in 2017.
Prior to his time at MaxLinear, Mr. Spice held a variety of executive roles at Broadcom Corporation, including Vice President, Finance, Corporate Development, Treasurer, and Vice President and General Manager of its Mobile Power Management Business. During Mr. Spice’s tenure, from 2000 through 2009, Broadcom scaled from approximately $1.2 billion in revenue to $4.3 billion through a combination of organic growth and over 40 strategic acquisitions. From June 1996 to July 2000, Mr. Spice held Senior Finance Management positions at Intel Corporation in its Planning and Logistics group and Intel Capital. Mr. Spice previously served as Chief Financial Officer of Symwave Corporation, a venture backed fabless semiconductor startup from October 2009 to November 2010, leading up to its sale to SMSC.
Mr. Spice received a Bachelor of Business Administration degree from the Brigham Young University and an MBA from The University of Texas at Austin.
Mr. Spice commences his role at Rocket Lab on 24 May 2018.