Citadel Securities hired a semiconductor architect and Goldman Sachs MD
Semiconductor stocks may have hit a rough patch last month, but the talent working on that technology is as in-demand as ever. Electronic market maker Citadel Securities recently hired the former CTO of a smaller semiconductor design firm, who was most recently plying his trade at Goldman Sachs.
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Mayan Moudgill joined Citadel Securities last month in New York as a senior software engineer. He spent the last quarter century working across Goldman Sachs and Sandbridge Technologies, a semiconductor manufacturing firm. He spent the last five years at Goldman Sachs, where he was an MD within the bank's engineering division, but spent seven years before that as chief architect and CTO of Sandbridge. Moudgill was part of the Sandbridge founding team in 2001, and became a tech fellow at Goldman Sachs during his first stint there.
Moudgill is also credited on over 100 patent filings dating back to 1996. Many of these involve multithreading, where different threads of a program can run concurrently on different cores of a piece of hardware, allowing for significantly faster data analysis. His later patents, filed during his time at Sandbridge (which had changed names to Optimum Semiconductor Technologies after being acquired by a Chinese technology firm), were for a "neural network accellerator."
Although Moudgill is joining as a software engineer, it seems likely that he will be working on hardware in some capacity. Citadel Securities declined to comment further than verifying his job title. It has a robust hardware engineering team which primarily works on Field Programmable Gate Arrays (FPGAs). It offers base salaries of up to $350k for FPGA engineers in current open job listings.
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