ST-Ericsson

ST-Ericsson moves to further strengthen technological leadership and to complete integration

July 23, 2009

ST-Ericsson, a leader in wireless semiconductors and mobile platforms, announced today a new organization to further strengthen its technological leadership and integrate the operations further.

Alain Dutheil, President and CEO, said : “The new organization we are announcing today will allow us to timely and successfully execute on our new product strategy, based on the future convergence to one 3G roadmap, a continued commitment on 2G/EDGE and connectivity, as well as a strong focus on TD-SCDMA and on fast growing next generation access technologies such as LTE. Additionally, it will enable us to complete the integration of the different businesses we merged five months ago and provide our customers with a world-leading and even more compelling portfolio.”

The organization will be centered around three product groups, focused on the following areas:

Jörgen Lantto has been appointed  Executive Vice President, Chief Technology Officer and Head of Strategy and Pascal Langlois Chief Sales and Marketing Officer.

The following positions of the management team reporting to President and CEO Alain Dutheil remain unchanged:

-        Timothy Lucie-Smith, Vice President, Chief Financial Officer
-        Abhijit Bhattacharya, Vice President, Operations and Quality
-        Jean-Louis Champseix, Vice President, Human Resources
-        Claudia Levo, Vice President, Global Communications
-        Lotta Westerlund, Vice President, Legal Affairs 

The 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 other career opportunities. Until then, she will act as Senior Advisor to the CEO for the implementation of the new organization.

Robert Puskaric, Deputy CEO & Executive Vice President, has decided to leave ST-Ericsson to take on another appointment at Ericsson. Mr. Puskaric has played a key role in the first stages of the creation of ST-Ericsson, leading the integration and organizing the Sales & Marketing activities.

 

 
About ST-Ericsson
ST-Ericsson is a world leader in developing and delivering a complete portfolio of innovative mobile platforms and cutting-edge wireless semiconductor solutions across the broad spectrum of mobile technologies. The company is a leading supplier to the top handset manufacturers and ST-Ericsson’s products and technologies enable more than half of all phones in use today. The company generated pro-forma sales of about USD 3.6 billion in 2008. ST-Ericsson was established as a 50/50 joint venture by STMicroelectronics (NYSE: STM) and Ericsson (NASDAQ: ERIC) in February 2009, with headquarters in Geneva, Switzerland. More information about ST-Ericsson is available at www.stericsson.com.
 
 
FOR FURTHER INFORMATION, PLEASE CONTACT:
 

Global Communications & Media Relations

Claudia Levo,Switzerland, Geneva                       
Jana Mancova, Switzerland, Geneva
Phone: +41 22 930 2733
Email: media.relations@stericsson.com

Kristina Embring Klang, Sweden, Lund
Phone:+46 10 7135058
Email: media.relations@stericsson.com

Investor Relations

Fabrizio Rossini, Switzerland,Geneva
Phone: +41 22 929 6973
Email: investor.relations@stericsson.com

 

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