STMicroelectronics Announces Changes in Executive Management Team

STMicroelectronics Announces Changes in Executive Management Team

GENEVA, April 30, 2014 (GLOBE NEWSWIRE) -- STMicroelectronics (NYSE: STM), a
global semiconductor leader serving customers across the spectrum of
electronics applications, announced today the appointment of Paul Grimme as
Executive Vice President, Mass Market and Online Marketing Programs, a new
position created to coordinate the sales & marketing activities in this
strategic and growing area for the company. He will continue to report to
Carlo Bozotti, President and Chief Executive Officer, STMicroelectronics.

Effective immediately, Paul Cihak will take over from Paul Grimme as Executive
Vice President and General Manager, Sales & Marketing, Europe, Middle East and
Africa.

Cihak is currently Vice President Global Key Accounts, ST's largest sales
business unit in the Americas and has held this position since 2012. He began
his career in 1994 with Hewlett Packard and, after five years, he was hired
into strategic account management by ST where he grew his career by covering a
number of key sales roles.

Bob Krysiak, Executive Vice President and President for the Americas Region
will join the Corporate strategic Committee replacing Paul Grimme in this
role.

"I welcome Paul Cihak to our executive management team. I am confident he will
bring to the  EMEA sales team  his wealth  of experience in  managing key  and 
large accounts  in the  Americas,"  said Carlo  Bozotti, President  and  Chief 
Executive Officer, STMicroelectronics.

"I warmly thank Paul Grimme for his service and leadership in driving EMEA
sales and for having accepted to take the strategic role to coordinate and
deliver on ST's mass-market efforts. Paul Grimme will work closely with our
Regions and Product Groups to serve and develop our multitude of small to
mid-size customers globally."

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 life.augmented.

In 2013, the Company's net revenues were $8.08 billion. Further information on
ST can be found at www.st.com

For further information, please contact:

STMicroelectronics
INVESTOR RELATIONS:
Tait Sorensen
Group VP, Investor Relations
Tel: +1 602 485 2064
tait.sorensen@st.com

MEDIA RELATIONS:
Nelly Dimey
Director, Corporate Media and Public Relations
Tel: + 331 5807 77 85
nelly.dimey@st.com

ST management changes http://hugin.info/152740/R/1781415/609473.pdf

HUG#1781415

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