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STMicroelectronics ( (STM) ) has shared an update.
On January 30, 2025, STMicroelectronics announced that its Supervisory Board intends to propose Werner Lieberherr for appointment to the board at the 2025 Annual General Meeting, succeeding Janet Davidson whose term ends at the AGM. Lieberherr, who has a distinguished background in leading global companies in various sectors, is expected to bring valuable insights to STMicroelectronics. This move is likely to bolster the company’s strategic direction and strengthen its leadership in the semiconductor industry.
More about STMicroelectronics
STMicroelectronics is a leading semiconductor company with over 50,000 employees, specializing in the design and manufacture of semiconductor technologies. The company collaborates with over 200,000 customers and numerous partners to develop solutions that promote smarter mobility, efficient power and energy management, and extensive Internet of Things and connectivity implementations. STMicroelectronics is committed to becoming carbon neutral on scope 1 and 2 and partially scope 3 by 2027.
YTD Price Performance: 1.81%
Average Trading Volume: 5,627,868
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $22.05B
For an in-depth examination of STM stock, go to TipRanks’ Stock Analysis page.
