NYSE-listed STMicroelectronics NV (STM) shares slipped over 2% in morning trade on Wednesday after Bloomberg reported that the Italian government is seeking to replace CEO Jean-Marc Chery due to what ...

Italy seeks to oust STM CEO for failing to improve company prospects. Rome and Paris hold 27.8% stake. STMicroelectronics stock down 30% in past year.

Italy wants to replace STMicroelectronics CEO Jean-Marc Chery for poor performance amid a slump in chip demand, Bloomberg’s Donato Paolo Mancini and Tommaso Ebhardt report. Acco ...

STMicroelectronics (STMicro), a Franco-Italian chipmaking joint venture, is navigating significant pressures due to a downturn in key markets and internal performance concerns.

the man at the helm of Franco-Italian chipmaking joint-venture STMicroelectronics NV, for poor performance. Rome considers the chief executive officer’s performance insufficient amid compounding ...

Shivani Kumaresan STMicroelectronics Faces Leadership Shakeup, Italy Seeks New CEO Amid Semiconductor Struggles Italy seeks to oust STM CEO for failing to improve company prospects. Rome and Paris ...

STMicroelectronics may cut 2,000-3,000 jobs in France, Italy - Bloomberg News French-Italian computer chip maker STMicroelectronics is considering cuts of up to 6% of its workforce or 3,000 ...