STMicroelectronics Announces Updates to its Organization and Leadership Appointments

Research and development responsibilities will sit with the respective product-group leaders under the new structure.

Rhea-AI Summary

STMicroelectronics (STM) announced an organizational restructuring effective January 1, 2027, expanding leadership responsibilities for Remi El-Ouazzane and Marco Cassis.

El-Ouazzane will become Chief Technology Officer, adding Imaging Sensors leadership and responsibility for digital technology research and development, advanced packaging, testing and systems research. Cassis will become Chief Strategic Officer, retain his strategy responsibilities and add research and development leadership for Analog, Power & Discrete and MEMS technologies. Both remain presidents, Executive Committee members and heads of their respective product groups.

Implementation is scheduled for completion by the end of March 2027. Reportable segments will change from January 1, 2027; the remainder of the organization is unchanged.

Key Figures

Organization effective date: January 1, 2027 Implementation completion deadline: End of March 2027

Organization effective date

January 1, 2027

New organization

Implementation completion deadline

End of March 2027

New organization

Key Terms

rf mixed-signal, embedded flash, mems

3 terms

rf mixed-signal technical

"technologies such as RF mixed-signal, embedded flash"

A class of electronic circuits or chips that combine radio-frequency (RF) analog functions—such as antennas, mixers, amplifiers, filters and phase-locked loops—with digital or lower-frequency analog circuitry like baseband processors, analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) on the same die or module. RF mixed-signal designs convert between wireless analog signals and digital data, coordinating high-frequency analog front-ends with digital control and processing; they require careful layout and isolation to manage interference, noise and differing voltage/frequency domains.

embedded flash technical

"RF mixed-signal, embedded flash, and imaging"

Non-volatile flash memory that is built directly into a microcontroller or system-on-chip rather than provided as a separate external chip. It stores firmware, configuration data, or application code and retains information without power; because it is on the same silicon die, embedded flash saves board space and can be faster and cheaper than external memory but is fixed in capacity at manufacture and has finite erase/write cycles and block-level erase constraints that affect how it is updated and used.

mems technical

"head of Analog, Power & Discrete and MEMS Products"

MEMS are tiny machines built on silicon that combine electrical circuits with moving parts—think microscopic sensors, switches and actuators like the small gears in a watch but made with semiconductor manufacturing. They matter to investors because MEMS are key components in smartphones, cars, medical devices and industrial equipment; changes in demand, production cost or technological improvements can directly affect suppliers’ revenues, margins and competitive position.

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PR N° C3420C

STMicroelectronics Announces Updates to its Organization and Leadership Appointments

Geneva, October 29, 2026 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced today a new organization to further strengthen its positioning for the next phase of growth and innovation.

Remi El-Ouazzane is confirmed President, member of the Executive Committee, Head of Microcontrollers, Digital ICs, RF and Optical Communication Products. In addition to his current responsibilities, he will also take on leadership of the Imaging Sensors Sub-Group and will be appointed ST Chief Technology Officer (CTO).
In his new CTO role El-Ouazzane will take on leadership of R&D for digital CMOS and derivative technologies such as RF mixed-signal, embedded flash, and imaging, advanced packaging and test and characterization, as well as Global System Research & Applications and System Engineering. This evolution is intended to enhance coordination across product development, research, and technology activities across the Company to ultimately boost innovation and time-to-market.

Marco Cassis is confirmed President, member of the Executive Committee, head of Analog, Power & Discrete and MEMS Products. In addition to his current responsibilities, he will take on leadership of R&D for Analog, Power & Discrete and MEMS technologies. This evolution is intended to accelerate the profitable growth of this Product Group.
Cassis’ responsibilities as head of ST strategy remain unchanged and he will be appointed ST Chief Strategic Officer (CSO). In his new CSO role he will align ST’s vision and business objectives with evolving market dynamics, identifying growth, partnership and bolt-on M&A opportunities while anticipating the competitive landscape.

Jean-Marc Chery, ST President & CEO, said: “The CTO and CSO responsibilities are strongly interdependent, and in their respective roles Remi and Marco, together with ST’s Managing Board and Executive Committee, will ensure stronger coordination between the Company’s strategy and its advanced technology and product roadmaps, to support ST’s long-term direction and growth opportunities”.

The remainder of the organization is unchanged.

The new organization will take effect on January 1, 2027, with implementation to be completed by the end of March 2027.

The Company will adjust its reportable segments from January 1, 2027.

About STMicroelectronics

At ST, we are 49,000 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 more 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
Group VP Corporate External Communications
Tel: +33.6.59.16.79.08
alexis.breton@st.com

Attachment

• C3420C - ST - Updates organization-leadership appointments - 29oct2026

FAQ

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When does STMicroelectronics' new organization take effect?

The new organization takes effect on January 1, 2027, with implementation scheduled for completion by the end of March 2027. STMicroelectronics will also adjust its reportable segments from January 1, 2027.

Who will become STMicroelectronics' CTO and CSO?

Remi El-Ouazzane will become Chief Technology Officer, and Marco Cassis will become Chief Strategic Officer. Both retain their product-group leadership roles and Executive Committee membership while taking on additional research and development responsibilities.

Why is STMicroelectronics changing its organization?

STMicroelectronics intends the changes to improve coordination between strategy, technology and product development to support growth. The company also aims to improve innovation and time-to-market through El-Ouazzane's expanded role and accelerate profitable growth in Cassis' product group.