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STMicroelectronics Appoints New COO

(Business News, 27 Oct 2010 )

STMicroelectronics (ST) has announced the appointment of a new Chief Operating Officer (COO). Alain Dutheil, who has held the position of ST’s COO since 2005, has decided to retire following 27 years with the Company. Replacing Dutheil as ST’s new COO is Didier Lamouche, who has been a member of the Supervisory Board of STMicroelectronics from April 2006, before stepping down on October 26, 2010, in view of his appointment as COO of ST.

Lamouche will join ST on November 1, 2010, and following a transition period, will formally take over from Dutheil as COO and Vice-President of the Strategic Committee, on January 26, 2011, immediately following the Company’s fourth quarter and full-year 2010 earnings announcement.

“I would like to welcome Didier to the Company; his world-class experience and knowledge will make a significant contribution to ST’s ability to reach new heights in the semiconductor industry. Over the transition period, Alain will be able to pass on his vast experience and deep understanding of ST to Didier, thus ensuring the smooth handover of such a key management role," said Carlo Bozotti, President and Chief Executive Officer, STMicroelectronics. “I would like to thank Alain, very deeply, for his long and outstanding service at ST and particularly for his role as COO, in which position he has been invaluable to me personally over the past few years.”

Lamouche, 51, is a graduate of Ecole Centrale de Lyon and holds a PhD in semiconductor technology. He has more than 20 years experience in the semiconductor industry, holding various senior operational and general management positions. Lamouche started his career in 1984 in the R&D department of Philips, before joining IBM Microelectronics, where he held several positions in France and the US. In 1995, he became Director of Operations of Motorola’s Advanced Power IC unit in Toulouse, France. In 1998, he joined IBM as General Manager of its largest European semiconductor site, in Corbeil, France, leading its turnaround and transformation into the joint venture between IBM and Infineon, named Altis Semiconductor, which he managed as CEO for four years. In 2003, Lamouche rejoined IBM and was the VP for Worldwide Semiconductor Operations, based in New York, until the end of 2004. In December 2004, Lamouche took the position of Chairman and CEO of Groupe Bull, which he left in May 2010 with a revamped portfolio of offerings having re-established a profitable, cash generating, growing company, with a consolidated and new Shareholder structure. He was named ‘Chevalier of the Legion of Honor’ by the French Government in April 2010, in recognition of his contribution to the digital electronics industry in France.

STMicroelectronics

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