ST-Ericsson appoints Didier Lamouche as president and CEO

ST-Ericsson, a joint-venture of
STMicroelectronics and Ericsson, has appointed Didier Lamouche as president and
chief executive officer of the company.

Lamouche, chief operating officer of
STMicroelectronics, has served on the board of ST-Ericsson since April 2011 and
brings more than twenty-five years of IT and semiconductor industry experience
to the role.

Lamouche replaces Gilles Delfassy after the
transformation of the company’s roadmap from legacy feature phone products to
smartphone and tablet platforms. The company now enters a phase with focus on
proliferating design-wins and scaling up and delivering volume.

“I am very pleased with this
appointment,” said Hans Vestberg, chairman of ST-Ericsson, on behalf of
the whole board of directors.

Both parent companies, STMicroelectronics
and Ericsson, are committed to the 50/50 joint venture and will continue to
support its strategy towards industry leadership and sustainable financial
return. ST-Ericsson plays an important role in Ericsson’s end-to-end strategy
in a world with 50 billion connected devices and is part of ST’s vision to be a
leader in multimedia convergence applications.

Gilles Delfassy will support Lamouche, as
senior advisor to the CEO, during a transition period. Didier Lamouche, while
maintaining his title of ST Chief Operating Officer, will focus full time on
leading ST-Ericsson.

By Team
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