Yesterday the Supervisory Board of ST announced:
“The Supervisory Board has decided to propose for shareholder approval at the Company’s 2024 Annual General Meeting of Shareholders, the reappointment for a three-year mandate of Jean-Marc Chery as the sole member of the Managing Board and the Company’s President and Chief Executive Officer.”
Chery has presided over a remarkable period of growth since taking over as CEO in 2018.
In 2018, ST’s revenues were $9.6 billion, this year, 2023, revenue is forecast to be between $17 billion and $17.8 billion.
