Strategic SpaceX and Semiconductor Industry Financial Leader Joins to Lead Company Growth
Identiv, Inc., a global leader in digital security and identification in the Internet of Things (IoT), announced Justin Scarpulla will be appointed as Chief Financial Officer effective December 6, 2021.
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Mr. Scarpulla brings more than 25 years of financial leadership experience to Identiv. He joins Identiv 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, Mr. Scarpulla led initiatives across financial planning and analysis, accounting, and operations, developing and managing financial systems to optimize 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, Mr. Scarpulla was Vice President of Finance and Accounting at Incipio and Vice President 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.”
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Mr. Scarpulla has operated in hundred-million up to multi-billion dollar businesses. In addition to his leadership at SpaceX, at Incipio Mr. Scarpulla led a large-scale integration project, seamlessly absorbing operations from a major business acquisition. At Vizio, he supported company growth to $3 billion in annual revenue. Mr. Scarpulla served on the executive team at MaxLinear, developing long-term strategy and operational growth plans to support company growth and global expansion. At Broadcom Corporation, he was responsible for P&L oversight of the company’s entire cable modem business and held increasingly responsible roles across a dozen-year career. Mr. Scarpulla holds his B.A. in Accounting and Finance from California State University Fullerton.
“With its ambitious vision and growth path, now is the perfect time to join Identiv,” said Mr. 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 Mr. Scarpulla’s financial team.
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