Morse Micro taps former Intel exec Joe Bedewi as CFO ahead of IPO
The WiFi technology company has enlisted Joe Bedewi for his public markets credentials as it lays the groundwork for a long-awaited ASX listing.
ASX hopeful Morse Micro has appointed former Intel executive Joe Bedewi as its inaugural chief financial officer, as the WiFi chip maker moves to lock in a $32 million pre-IPO round before a long-mooted public float.
In his first interview since touching down in Sydney on Sunday, the American finance executive told Capital Brief he had “never heard” of Morse Micro when he received a phone call from its co-founder and chief executive Michael De Nil late last year.
“He walked through the whole pitch and talked about raising money,” Bedewi said. “It was very compelling. They raised a bunch of money. Two products actually in the market, working. Really strong team.”
Bedewi, who has moved from Austin, Texas for the role, will lead a reshaped finance function, which has until now been run by finance and operations vice president Sal Terranova.
