Identiv: Strategic SpaceX and semiconductor industry financial leader joins to lead company growth
Identiv, Inc. (Fremont, California), a global leader in digital security and identification in the Internet of Things (IoT), has appointed Justin Scarpulla as CFO effective 6 December 2021.
Scarpulla brings more than 25 years of financial leadership experience to Identiv. He joins the company from SpaceX, which designs, manufactures, and launches advanced rockets and spacecraft, as well as operating the Starlink internet constellation, deploying thousands of advanced communications satellites. While at SpaceX, Scarpulla led initiatives across financial planning and analysis, accounting, and operations, developing and managing financial systems to optimise resources across diverse, high-growth, cash-intensive activities. He managed business leadership engagement across the company, reporting to SpaceX CFO Bret Johnsen.
Prior to SpaceX, he was VP of finance and accounting at Incipio and VP and corporate controller at Vizio. He also served as chief accounting officer and controller at MaxLinear, an NYSE-listed semiconductor company, where he built the financial team and systems to support rapid growth from $70M to $300M in revenue over four years.
“As Identiv accelerates its growth strategy, Justin’s deep experience building tightly disciplined but scalable financial systems and teams, his operational rigor, and financial planning skills, in addition to a Big Four accounting background, is exactly what we believe our business needs to execute our market growth opportunity,” said Steven Humphreys, Identiv CEO. “He’s built world-class teams and implemented critical financial systems in dynamic public and private company environments. His excellent reputation throughout the financial community enables him to recruit and develop world-class talent. We’re thrilled to add such a dynamic, trusted leader to our executive team.”
“With its ambitious vision and growth path, now is the perfect time to join Identiv,” said Scarpulla. “It is clear the company has a major opportunity to build on its unique RFID and IoT market position to lead in a category that we believe will become pervasive in our world over the next several years. I have been fortunate to work for companies like MaxLinear, Broadcom, and SpaceX through similar growth trajectories. It is exciting to have that opportunity in an even larger emerging market. I look forward to accelerating an already strong leadership team to support growth while driving financial rigor and creating shareholder value.”
Interim CFO Ed Kirnbauer will remain at Identiv as global corporate controller and a key leader within Scarpulla’s financial team.
Caption: Justin Scarpulla (photo: Identiv)