indie Semiconductor, Inc. announced that on June 20, 2024 Thomas Schiller, Chief Financial Officer and Executive Vice President, Strategy notified the Company that he is taking a temporary medical leave of absence, effective immediately. The Company wishes Mr. Schiller well during his leave and looks forward to his return. Effective immediately, the Board of Directors of the Company has appointed Raja Bal, the Company?s Chief Accounting Officer, to serve as the acting Chief Financial Officer and principal financial officer.

Mr. Bal also will continue to serve as the Company?s Chief Accounting Officer and principal accounting officer. Mr. Bal, 48, joined the Company in January 2020 as the Senior Vice President, Finance and Controller. In December 2022, Mr. Bal was appointed as the Company's Chief Accounting Officer leading the Company?s accounting and finance operations.

Prior to joining indie, Mr. Bal served as Operating Partner and Chief Financial Officer for True North Venture Partners and its wholly-owned portfolio companies from October 2017 to December 2019 and as Vice President and Chief Financial Officer for GT Advanced Technologies from January 2014 to October 2017. Previously, Mr. Bal served as Corporate Controller and Treasurer for Skyworks Solutions, where he held finance roles with increasing responsibility. He also has held finance positions with Lucent Technologies and Ernst & Young.

Mr. Bal holds a CPA accounting designation, a Master of Management Analytics from Queen?s University?s Smith School of Business, and a Bachelor of Commerce degree from the University of Ottawa's Telfer School of Management.