STMicroelectronics Supervisory Board to propose new member at 2025 AGM
STMicroelectronics (NYSE:STM) has announced that its Supervisory Board will propose Werner Lieberherr as a new member at the company's 2025 Annual General Meeting.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
STMicroelectronics (NYSE:STM) has announced that its Supervisory Board will propose Werner Lieberherr as a new member at the company's 2025 Annual General Meeting. Lieberherr is set to replace Janet Davidson, whose mandate will expire at the end of the 2025 AGM.
The proposed new member brings significant leadership experience, having led global companies across energy, aviation, and automotive sectors in the United States, Asia, Europe, and Switzerland. His most recent position was Chief Executive Officer at Landis+Gyr AG, an integrated energy management solutions provider.
Positive
- Proposed board member brings diverse global leadership experience across relevant sectors (energy, aviation, automotive)
- Maintains board continuity with planned succession
Negative
- None.
Details
News Market Reaction – STM
The recorded move for STM in the trading session of this news was -8.97%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
PR No: C3310C
STMicroelectronics Supervisory Board to propose new member at 2025 AGM
Geneva – January 30, 2025 – STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announces that its Supervisory Board has agreed to propose for shareholders’ approval at the Company’s 2025 Annual General Meeting the appointment of Werner Lieberherr to the Supervisory Board of ST, in replacement of Janet Davidson whose mandate will expire at the end of the 2025 AGM.
Werner Lieberherr has successfully led global companies in energy, aviation and automotive in the United States, Asia, Europe and Switzerland, most recently at Landis+Gyr AG, an integrated energy management solutions provider, as Chief Executive Officer.
About STMicroelectronics
At ST, we are over 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 the Internet of Things and connectivity. We are committed to achieving our goal to become carbon neutral on scope 1 and 2 and partially scope 3 by 2027. Further information can be found at www.st.com.
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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.