Hassane El-Khoury has been named as the ON Semiconductor’s president, chief executive officer and member of its board of directors, effective Dec. 7, 2020.
“Following a comprehensive internal and external search process, I want to welcome Hassane to ON Semiconductor,” said Alan Campbell, chairman of the board of directors. “The focus of our search was to identify an experienced CEO who understands the transformation underway within our industry and to expand our leadership position in target secular growth markets, accelerate revenue, gross margin and earnings growth, and enhance stakeholder value. During the interview process, Hassane emerged as the clear leader to deliver on the company’s immense potential for its customers, partners, employees and other stakeholders. We are thrilled to have found such a qualified leader.”
“I believe that a company is most successful when it leverages its people to solve customer challenges,” El-Khoury said. “ON Semiconductor has developed a broad product portfolio that contains essential silicon building blocks to enable customer solutions in its target markets. I’m passionate about enabling customer success and excited to build on the company’s foundation to provide superior systems solutions spanning the automotive, industrial, cloud power and IoT markets, while enhancing financial performance.”
El-Khoury had earlier served at Cypress Semiconductor for more than 13 years, where he held the position of CEO before leaving the Cypress after it got acquired by Infineon in Apr 2020. El-Khoury migrated from Lebanon to USA. He holds Bachelor of Science in electrical engineering from Lawrence Technological University and master’s in engineering management from Oakland University.
Keith Jackson who retired from ON Semiconductor’s chief executive officer and president will continue as an advisor to the company through the end of May 2021.
“During his nearly two decades at the helm, Keith transformed ON Semiconductor from a $1.2B standard products supplier into a $5.5B, top twenty global semiconductor company,” said Alan Campbell. “On behalf of worldwide employees, I want to thank Keith for his leadership and contributions to ON Semiconductor and appreciate his critical insights regarding the company over the next few months that will reinforce a seamless transition of leadership.”