ST-Ericsson moves to further strengthen technological leadership and
to complete integration
(Thomson Reuters ONE) - Geneva- Switzerland - July 23, 2009 - ST-Ericsson, a leader inwireless semiconductors and mobile platforms, announced today a neworganization to further strengthen its technological leadership andintegrate the operations further.Alain Dutheil, President and CEO, said : "The new organization we areannouncing today will allow us to timely and successfully execute onour new product strategy, based on the future convergence to one 3Groadmap, a continued commitment on 2G/EDGE and connectivity, as wellas a strong focus on TD-SCDMA and on fast growing next generationaccess technologies such as LTE. Additionally, it will enable us tocomplete the integration of the different businesses we merged fivemonths ago and provide our customers with a world-leading and evenmore compelling portfolio."The organization will be centered around three product groups,focused on the following areas:- LTE and HSPA -Connected Devices, led by Magnus Hansson,Vice President- 3G -Multimedia Platforms, led by Marc Cetto, VicePresident- 2G, EDGE, TD-SCDMA and Connectivity- led by ThierryTingaud, Vice Presidentsupported by an R&D shared services organization, led by PhilippeBerger, Vice President.Jörgen Lantto has been appointed Executive Vice President, ChiefTechnology Officer and Head of Strategy and Pascal Langlois ChiefSales and Marketing Officer.The following positions of the management team reporting to Presidentand CEO Alain Dutheil remain unchanged:- Timothy Lucie-Smith, Vice President, Chief FinancialOfficer- Abhijit Bhattacharya, Vice President, Operations andQuality- Jean-Louis Champseix, Vice President, Human Resources- Claudia Levo, Vice President, Global Communications- Lotta Westerlund, Vice President, Legal AffairsThe following management changes will also occur:Tommi Uhari will act as Senior Advisor to the CEO.Monica de Virgiliis has decided to leave the company to pursue othercareer opportunities. Until then, she will act as Senior Advisor tothe CEO for the implementation of the new organization.Robert Puskaric, Deputy CEO & Executive Vice President, has decidedto leave ST-Ericsson to take on another appointment at Ericsson. Mr.Puskaric has played a key role in the first stages of the creation ofST-Ericsson, leading the integration and organizing the Sales &Marketing activities.-ENDS-About ST-EricssonST-Ericsson is a world leader in developing and delivering a completeportfolio of innovative mobile platforms and cutting-edge wirelesssemiconductor solutions across the broad spectrum of mobiletechnologies. The company is a leading supplier to the top handsetmanufacturers and ST-Ericsson's products and technologies enable morethan half of all phones in use today. The company generatedpro-forma sales of about USD 3.6 billion in 2008. ST-Ericsson wasestablished as a 50/50 joint venture by STMicroelectronics (NYSE:STM) and Ericsson (NASDAQ: ERIC) in February 2009, with headquartersin Geneva, Switzerland. More information about ST-Ericsson isavailable at www.stericsson.com.FOR FURTHER INFORMATION, PLEASE CONTACT:Global Communications & Media Relations Investor RelationsClaudia Levo, Switzerland, Geneva FabrizioRossini, Switzerland,GenevaJana Mancova, Switzerland, GenevaPhone: +41 22 930 2733 Phone:+41 22 929 6973Email: media.relations(at)stericsson.comEmail: investor.relations(at)stericsson.comKristina Embring Klang, Sweden, LundPhone : +46 10 7135058Email: media.relations(at)stericsson.comhttp://hugin.info/141758/R/1330439/314485.dochttp://hugin.info/141758/R/1330439/314486.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 23.07.2009 - 06:45 Uhr
Sprache: Deutsch
News-ID 3858
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