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STMicroelectronics announces resignation of a member of Supervisory Board

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STMicroelectronics (NYSE:STM) announced the immediate resignation of Maurizio Tamagnini from its Supervisory Board. Tamagnini, who joined the board in 2014, served in various leadership roles including Chairman and most recently as Vice-Chairman since 2023. Nicolas Dufourcq, Chairman of ST's Supervisory Board, extended gratitude for Tamagnini's long-term support to the global semiconductor company.

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On the day this news was published, STM declined 4.24%, reflecting a moderate negative market reaction.

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STMicroelectronics announces resignation of a member of Supervisory Board

Amsterdam, March 19, 2025 STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announces that Maurizio Tamagnini is resigning from ST’s Supervisory Board, effective immediately.

Maurizio Tamagnini was first elected to ST’s Supervisory Board in 2014 and served as Chairman and Vice-Chairman during his tenure. He was Vice-Chairman since 2023.

Nicolas Dufourcq, Chairman of ST’s Supervisory Board, expressed his thanks to Maurizio Tamagnini on behalf of the Supervisory Board for his long-term support.
                

About STMicroelectronics
At ST, we are 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 cloud-connected autonomous things. We are on track to be carbon neutral in all direct and indirect emissions (scopes 1 and 2), product transportation, business travel, and employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable electricity sourcing goal by the end of 2027. Further information can be found at www.st.com.

For further information, please contact:

INVESTOR RELATIONS:
Jérôme Ramel
EVP Corporate Development & Integrated External Communication
Tel: +41 22 929 59 20
jerome.ramel@st.com

MEDIA RELATIONS:
Alexis Breton
Corporate External Communications
Tel: + 33 6 59 16 79 08
alexis.breton@st.com

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FAQ

When did Maurizio Tamagnini resign from STM's Supervisory Board?

Maurizio Tamagnini resigned from STM's Supervisory Board effective March 19, 2025.

How long did Maurizio Tamagnini serve on STM's Supervisory Board?

Tamagnini served on STM's Supervisory Board from 2014 to 2025, holding positions of Chairman and Vice-Chairman during his tenure.

What was Maurizio Tamagnini's most recent position at STM before resignation?

Tamagnini served as Vice-Chairman of STM's Supervisory Board since 2023 until his resignation.

Who is currently the Chairman of STM's Supervisory Board?

Nicolas Dufourcq is the current Chairman of STM's Supervisory Board.
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