I think the idea was to bring the STM approach to the company with focus being on DWINs and new revenue, while Delfassy was acting as a change manager. Unfortunately for him, the change saw the company lose revenue and burnt a hole in the pockets of it's parents. Lamouche has recently joined STM as COO but he has a good history with IBM semiconductor. If I am not wrong, he managed the creation of Altis Semi. venture between IBM and Infineon.
I wonder what sort of shift will the company see as a result of this new appointment? I would like to have seen a little more background on the new guy in charge. Did he lead a cost cutting or restructuring effort in his previous position? What is the motivation / driving force behind this selection other than the last guy was leading when losses were mounting?