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Lynelle McKay Named CHIPS Program Office Chief Portfolio Management Officer
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Lynelle McKay Named CHIPS Program Office Chief Portfolio Management Officer

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The Department of Commerce has appointed Lynelle McKay, a more than two-decade semiconductor industry veteran, as chief portfolio management officer of the CHIPS Program Office.

The National Institute of Standards and Technology said Wednesday McKay will work with CHIPS Act awardees and other industry stakeholders and oversee fund management to facilitate the implementation of the CHIPS for America program.

McKay most recently served as a senior relationship director within the CHIPS Program Office.

Previously, her private sector career included senior leadership positions at Freescale Technologies and Motorola.

“The semiconductor industry is one of the world’s most complex ecosystems, and I look forward to working with our award recipients, applicants, and key stakeholders to continue implementing this once-in-a-generation industrial policy program,” McKay said.

To date, the CHIPS for America program has announced nearly $30 billion in proposed funding through a dozen preliminary memoranda of terms as part of efforts to strengthen the U.S. semiconductor industry.