PARIS " STMicroelectronics said Monday (March 15) that Carlo Bozotti, ST's corporate vice president and general manager of its memory products group, is the likely successor to Pasquale Pistorio, the company's president and CEO for almost 17 years.
Bozotti's appoitment to the top spot must still be approved by company stockholders. The legendary Pistorio is scheduled to step down during the annual shareholders' meeting next year. He has held his current posts since the formation of ST in 1987. Pistorio will be 69 when he retires.
Pistorio chose Bozotti, 52, as his successor. The company's supervisory board has approved Pistorio's recommendation in hopes of continuing the management culture instilled by Pistorio, according to the company.
ST also said Alain Dutheil, 59, currently corporate vice president human resources and strategic planning, will become chief operating officer reporting to the president and CEO. Dutheil was selected by Bozotti.
Italian born Bozotti is a graduate in electronic engineering from the University of Pavia. He joined the Italian manufacturer SGS-ATES, an ST predecessor company, in 1977. Hequickly climbed the corporate ladder, gaining responsibility for its telecommunications business unit. He later headed corporate strategic marketing and key accounts.
Bozotti subsequently became corporate vice president for marketing and sales for the Americas. He later moved into a similar role for the European and headquarters regions, thereby developing international expertise and close relationships with key customers.
Born southern France, Dutheil is an engineering graduate from Ecole Suprieure d'Ingnieurs of Marseilles. He began his career in 1969 with Texas Instruments and joined Thomson Semiconducteurs, an ST predecessor company, in 1983 as manager of the Aix-en-Provence plant.
After serving as general manager for the discrete products division, he became corporate vice president of ST's back-end manufacturing activities before moving to his current post.