Statement from the Supervisory Board of STMicroelectronics
28 January 2021 - 5:05PM
Amsterdam, January 28, 2021 – Maurizio
Tamagnini, Chairman of the Supervisory Board of STMicroelectronics
N.V. (NYSE: STM), and Nicolas Dufourcq, Vice-Chairman, have asked
Jean-Marc Chery, ST’s President and CEO, to be available for a
reappointment in his current role. Mr. Chery has accepted the
proposal.
Therefore, the Supervisory Board has decided to propose for
shareholder approval at the Company's next Annual General Meeting
of Shareholders, the reappointment for a three-year mandate of
Jean-Marc Chery as the sole member of the Managing Board and the
Company's President and Chief Executive Officer.
The decision recognizes the importance of the continuity of ST’s
strategy, execution and value proposition under Mr. Chery’s
leadership.
About STMicroelectronicsAt ST, we are 46,000
creators and makers of semiconductor technologies mastering the
semiconductor supply chain with state-of-the-art manufacturing
facilities. An independent device manufacturer, we work with more
than 100,000 customers and thousands of partners to design and
build products, solutions, and ecosystems that address their
challenges and opportunities, and the need to support a more
sustainable world. Our technologies enable smarter mobility, more
efficient power and energy management, and the wide-scale
deployment of the Internet of Things and 5G technology. Further
information can be found at www.st.com.
For further information, please contact:
INVESTOR RELATIONS:Céline BerthierGroup VP, Investor
RelationsTel: +41.22.929.58.12celine.berthier@st.com
MEDIA RELATIONS:Alexis BretonCorporate External
CommunicationsTel: + 33 6 59 16 79 08alexis.breton@st.com
- C2982C - Jan 28 - Statement from the Supervisory Board
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