STMicroelectronics names Jean-Marc Chery as Deputy CEO and appoints ExecutiveTeam

STMicroelectronics has appointed of Jean-Marc Chery as Deputy CEO, effective July 1, 2017. Chery currently serves as Chief Operating Officer and, in his role, he will continue to report to Carlo Bozotti, ST’s President & CEO.

In this role, Chery will hold overall responsibility for Technology and Manufacturing as well as for Sales and Marketing.

An organization will be also put in place. Its goal is to continue to build on the success of ST’s strategy, focussed 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 organizations are effective July 1, 2017, upon shareholders’ 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.