STMicroelectronics announces new appointments in the executive management team

Staff writer ▼ | September 14, 2012

Geneva, Switzerland - September 14, 2012, Geneva, Switzerland - STMicroelectronics, a semiconductor company, announced that Georges Penalver has been appointed EVP, member of the corporate strategic committee, corporate strategy officer.

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Mr. Penalver was formerly Managing Director of the Communication Business Group of Sagem and, more recently, Member of the Executive Board of France Telecom/Orange Group in charge of the Groupâ€™s Strategic Initiatives and Partnerships. He brings a wide experience in defining corporate strategies, leading businesses and implementing comprehensive transformation processes.

Mr. Penalver serves as a general partner of Cathaya Capital, L.P. Formerly, he joined Orange / France Telecom Group in September 2005, serving as Group Senior Executive Vice President for Strategic Marketing, where he was in charge of the creation and the development of all products and services for the entire Orange / France Telecom Group.

From 2009 to April 2011, he was in charge of Group Strategy and Development and Strategic Initiatives and Partnerships for the Group. Before joining Orange / France Telecom Group, Mr. Penalver was Deputy CEO of SAGEM Communications (SAFRAN group), a communication electronics company. From 2002 to 2005, he developed SAGEMâ€™s Broadband Communications Business, overseeing the launch of new fixed and mobile product offers, industrial deployment in Tunisia, Asia and Eastern Europe, and the development of sales networks in Europe, China, Southeast Asia, Australia, the Middle East, Africa and the Americas.

Mr. Penalver is a graduate of the Ecole nationale supÃ©rieure dâ€™ arts et mÃ©tiers (gold medal, 1974) and the Ecole nationale supÃ©rieure des tÃ©lÃ©communications in Paris (1980). He is also a Knight of the French Ordre National du MÃ©rite.

Jean-Marc Chery, Executive Vice-President, will take the additional responsibility of General Manager, Digital Sector, while maintaining his current role of Executive Vice-President, Chief Technology and Manufacturing Officer.

As a consequence of Mr. Cheryâ€™s expanded responsibilities, Eric Aussedat, General Manager, Imaging and Bi-CMOS ASICs Group; Joel Hartmann, Corporate Vice President, Front-end Manufacturing & Process R&D, Digital Sector, and Philippe Magarshack, Corporate Vice President, Design Enablement & Services, are promoted to Executive Vice Presidents while maintaining their previous scope of activities; StÃ©phane DelivrÃ©, Corporate Vice President, Global Chief Information Officer, will now report to the President & CEO. ■

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STMicroelectronics announces new appointments in the executive management team

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