STMicroelectronics Appoints Jean-Marc Chery as Deputy CEO and Names new Executive Team
April 27 2017 - 1:11AM
Geneva, April 27, 2017 - STMicroelectronics (NYSE: STM)
announced today the appointment of Jean-Marc Chery as Deputy CEO,
effective July 1, 2017. Chery currently serves as Chief Operating
Officer and, in his new role, he will continue to report to Carlo
Bozotti, ST's President and CEO. In this new role, Chery
will hold overall responsibility for Technology and Manufacturing
as well as for Sales and Marketing. A new organization will
be also put in place. Its goal is to continue to build on the
success of ST's strategy, focused on Smart Driving and Internet of
Things, with a strong market-driven and innovation approach.
ST's Executive Team members will be:
· Orio Bellezza,
President, Global Technology and Manufacturing
· Marco Cassis,
President, Global Sales and Marketing
· Claude Dardanne,
President, Microcontrollers and Digital ICs Group
· Carlo Ferro,
Chief Financial Officer and President, Finance, Legal,
Infrastructure and Services
· Marco Monti,
President, Automotive and Discrete Group
· Georges Penalver,
Chief Strategy Officer and President, Strategy, Communication,
Human Resources and Quality
· Benedetto Vigna,
President, Analog, MEMS and Sensors Group. These
appointments and new organization are effective July 1st, 2017,
upon shareholder approval of the reappointment of Carlo Bozotti as
the sole member of the Managing Board and President and CEO of ST,
at the Company's next Annual General Meeting. Note for
editors
Chery began his career in the Quality organization of Matra, the
French engineering group. In 1986, he joined Thomson
Semiconducteurs, which subsequently became ST, and held various
management positions in product planning and manufacturing, rising
to lead ST's wafer fabs in Tours, France, and later in Rousset,
France. In 2005, Chery took charge of ST's Front-End Manufacturing
in Asia Pacific. In 2008, he was promoted Chief Technology Officer
and assumed additional responsibilities for Manufacturing and
Quality (2011) and the Digital Product Sector (2012). In 2014, he
was promoted Chief Operating Officer. Chery chairs the Board of
STS, ST's manufacturing joint venture in China, and holds board
membership at the European microelectronics R&D program AENEAS.
Jean-Marc Chery was born in Orleans, France, in 1960, and graduated
with a degree in Engineering from the ENSAM engineering school in
Paris, France.
About STMicroelectronics ST is a global semiconductor leader
delivering intelligent and energy-efficient products and solutions
that power the electronics at the heart of everyday life. ST's
products are found everywhere today, and together with our
customers, we are enabling smarter driving and smarter factories,
cities and homes, along with the next generation of mobile and
Internet of Things devices. By getting more from technology to get
more from life, ST stands for life.augmented. In 2016, the
Company's net revenues were $6.97 billion, serving more than
100,000 customers worldwide. Further information can be found at
www.st.com. For further information, please contact:
INVESTOR RELATIONS: Tait
Sorensen
Group VP, Investor Relations STMicroelectronics Tel: +1 602 485
2064 tait.sorensen@st.com MEDIA RELATIONS: Nelly
Dimey
Director, Corporate Media and Public Relations Tel: + 33 1 58 07 77
85 nelly.dimey@st.com
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