STMicroelectronics Names Jean-Marc Chery Deputy CEO

(RTTNews) - Semiconductor company STMicroelectronics (STM) Thursday said it appointed Jean-Marc Chery as Deputy CEO, effective July 1, 2017. Chery, who is currently serving as Chief Operating Officer, in his new role 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.

The company also announced forming a new executive team, comprising members such as Orio Bellezza, Marco Cassis, Claude Dardanne, Carlo Ferro, Marco Monti, Georges Penalver, and Benedetto Vigna.

The company noted that these appointments and new organization would be effective July 1, 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.