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’s government wants to replace Jean-Marc Chéry, the man at the helm of Franco-Italian chipmaking joint-venture STMicroelectronics NV, for poor performance.Most Read from BloombergTrump Targets ...

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 ...

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 ...

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 ...

The Italian government, which along with France owns a 27.5% stake in STMicroelectronics, is looking for ways to lessen the restructuring's impact on the Italian workforce.