STMicroelectronics to Propose One-Year Reappointment of Jean-Marc Chery as President & CEO

STMicroelectronics said its Supervisory Board will propose that shareholders reappoint Jean-Marc Chery as Chairman of the Managing Board and President and Chief Executive Officer for a one-year term at the Company's 2027 Annual General Meeting.

The Supervisory Board asked Chery, ST’s current President and CEO, to be available for reappointment for an additional year. He accepted the proposal.

STMicroelectronics said the decision recognizes the importance of continuity in its strategy, execution discipline and the momentum achieved under Chery’s leadership. The company also said his leadership and focus on execution have supported its strategic course and long-term value creation.