STMicroelectronics ( (STM) ) has shared an update.
On March 19, 2025, STMicroelectronics announced the immediate resignation of Maurizio Tamagnini from its Supervisory Board. Tamagnini, who joined the board in 2014, served as both Chairman and Vice-Chairman, with his most recent role being Vice-Chairman since 2023. Nicolas Dufourcq, the current Chairman, expressed gratitude for Tamagnini’s long-term support. This change in the board’s composition may influence the company’s governance and strategic direction, impacting stakeholders and potentially affecting its market positioning.
More about STMicroelectronics
STMicroelectronics is a global leader in the semiconductor industry, employing 50,000 individuals to create and manufacture semiconductor technologies. The company collaborates with over 200,000 customers and numerous partners to develop products and solutions that address various challenges and opportunities. STMicroelectronics focuses on enabling smarter mobility, efficient power and energy management, and the deployment of cloud-connected autonomous technologies. The company is committed to achieving carbon neutrality and sourcing 100% renewable electricity by the end of 2027.
YTD Price Performance: 4.86%
Average Trading Volume: 6,977,889
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $22.96B
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