STMicroelectronics Announces Changes in Executive Management

STMicroelectronics Announces Changes in Executive Management 
Carlo Ferro Returns to ST as Chief Financial Officer With Extended
Responsibilities; Continues as ST-Ericsson President & CEO Through
the Joint Venture Wind-Down 
GENEVA -- (Marketwired) -- 08/05/13 --  STMicroelectronics (NYSE:
STM), a global semiconductor leader serving customers across the
spectrum of electronics applications, today announced that Carlo
Ferro, President & CEO of ST-Ericsson, will resume his position of
Chief Financial Officer of ST while taking on additional
In addition to the CFO role, Ferro will be responsible for legal,
central operation planning, procurement, IT and investor relations.
He will also remain President and CEO of ST-Ericsson, the 50:50 joint
venture between ST and Ericsson, through the wind-down of the
Ferro has been ST's CFO for nine years since May 2003 until March
2012, when he was temporarily assigned to ST-Ericsson. 
"Over the past eighteen months, Carlo has done an outstanding job in
ST-Ericsson as Chief Operating Officer and then leading the company
as CEO through the transition towards the split up of the JV," said
Carlo Bozotti, President & CEO of ST. "Under Carlo's leadership, the
transition has occurred on plan with lower exit costs than
anticipated while minimizing the social impact. We will benefit from
his return to a fully operational role at ST with extended
"I would like to thank Mario Arlati for his dedication and
contribution as CFO for the past eighteen months," continued Bozotti.
"Mario will now be responsible for Strategies and Business Management
in the Sense & Power and Automotive segment, reporting to me". 
Ferro's appointment will be effective today, August 5, 2013. 
About STMicroelectronics
 ST is a global leader in the semiconductor
market serving customers across the spectrum of sense and power and
automotive products and embedded processing solutions. From energy
management and savings to trust and data security, from healthcare
and wellness to smart consumer devices, in the home, car and office,
at work and at play, ST is found everywhere microelectronics make a
positive and innovative contribution to people's life. By getting
more from technology to get more from life
, ST stands for
In 2012, the Company's net revenues were $8.49 billion. Further
information on ST can be found at 
Executive management changes:  
For further information, please contact: 
Tait Sorensen 
Group VP
Investor Relations
Tel: +1 602 485 2064 
Nelly Dimey 
Corporate Media and Public Relations
Tel: +33 1 58 07 77 85 
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