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Statement from Supervisory Board of STMicroelectronics

STMicroelectronics logo

Amsterdam, The Netherlands, April 28, 2014 (GLOBE NEWSWIRE) -- Didier Lombard, the Chairman of the Supervisory Board of STMicroelectronics N.V. (NYSE:STM) announced today the following:

  • The decision to propose for shareholder approval at the Company's next Annual General Meeting, the reappointment for a three-year term of Carlo Bozotti as the sole member of the Managing Board and the Company's President and Chief Executive Officer.
  • The acknowledgement of Jean-Marc Chery's appointment as Chief Operating Officer of the Company effective today.

About STMicroelectronics

ST is a global leader in the semiconductor market serving customers across the spectrum of sense and power and automotive products and embedded processing solutions. From energy management and savings to trust and data security, from healthcare and wellness to smart consumer devices, in the home, car and office, at work and at play, ST is found everywhere microelectronics make a positive and innovative contribution to people's life. By getting more from technology to get more from life, ST stands for life.augmented.

In 2013, the Company's net revenues were $8.08 billion. Further information on ST can be found at www.st.com.

For further information, please contact:

STMicroelectronics

INVESTOR RELATIONS:
Tait Sorensen
Group VP, Investor Relations
Tel: +1 602 485 2064
tait.sorensen@st.com

MEDIA RELATIONS:
Nelly Dimey
Director, Corporate Media and Public Relations
Tel: + 33 1 58 07 77 85
nelly.dimey@st.com

ST Board statement http://hugin.info/152740/R/1780765/608959.pdf

HUG#1780765

Source:STMicroelectronics