StockNews.AI
STM
StockNews.AI
201 days

STMicroelectronics Supervisory Board to propose new member at 2025 AGM

1. STMicroelectronics proposes to add Werner Lieberherr to its Supervisory Board. 2. Lieberherr replaces Janet Davidson, whose term ends at the 2025 AGM. 3. He has a strong background in energy, aviation, and automotive industries. 4. STMicroelectronics aims for carbon neutrality by 2027, expanding its sustainability efforts.

3m saved
Insight
Article

FAQ

Why Neutral?

Management changes typically have limited direct impact on stock prices. However, Lieberherr's industry experience may positively influence strategic decisions.

How important is it?

The appointment of a new board member could influence ST's future direction, impacting investor sentiment.

Why Long Term?

This appointment may support long-term strategic goals, affecting sustainable growth.

Related Companies

STMLNDIF
PR No: C3310C  STMicroelectronics Supervisory Board to propose new member at 2025 AGM Geneva – January 30, 2025 – STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announces that its Supervisory Board has agreed to propose for shareholders’ approval at the Company’s 2025 Annual General Meeting the appointment of Werner Lieberherr to the Supervisory Board of ST, in replacement of Janet Davidson whose mandate will expire at the end of the 2025 AGM. Werner Lieberherr has successfully led global companies in energy, aviation and automotive in the United States, Asia, Europe and Switzerland, most recently at Landis+Gyr AG, an integrated energy management solutions provider, as Chief Executive Officer. About STMicroelectronicsAt ST, we are over 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 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 connectivity. We are committed to achieving our goal to become carbon neutral on scope 1 and 2 and partially scope 3 by 2027. Further information can be found at www.st.com. INVESTOR RELATIONSJérôme RamelEVP Corporate Development & Integrated External CommunicationTel: +41 22 929 59 20jerome.ramel@st.com MEDIA RELATIONSAlexis BretonGroup VP Corporate External CommunicationsTel: +33 6 59 16 79 08alexis.breton@st.com CC3310C_New SB member proposed 30jan2025

Related News