SGS-THOMSON announces Corporate Vice-President and President of the America Region.DALLAS--(BUSINESS WIRE)--Aug. 19, 1996--SGS-THOMSON Microelectronics microelectronics, branch of electronic technology devoted to the design and development of extremely small electronic devices that consume very little electric power. has appointed Richard Pieranunzi as Corporate Vice-President and President of the America Region. He moves to this position from that of Vice-President of Marketing and Sales for the America Region which he has held since 1994. In his new capacity, Pieranunzi will continue to lead SGS-THOMSON in the Americas to greater success in terms of customer satisfaction, market share, and financial return. "In recent years, ST's American team has grown to a level that now impacts, domestically and internationally, close to one third of the corporation's revenues. Our goal is to strengthen our strategic alliances, offer ever-advancing technologies and services while maximizing our market share through our broad product portfolio," said Pieranunzi. "We must continue to develop our customer base to penetrate a wider spectrum of the market while evolving our current relationships to meet their future needs." Pieranunzi continued, "My most immediate plan is to expand my working relationship with the entire American team, so that we can continue to operate more efficiently and effectively within an atmosphere of aggressiveness and optimism as we move into the future." "We have outstanding people, capable and committed, who have a track record of winning. Hopefully, I will facilitate this winning attitude, with emphasis on our main goal - total customer satisfaction. Pieranunzi takes his new responsibility from Laurent Bosson, who is appointed chairman of the board of the America Corporation, maintaining a key role with the USA while concentrating on the increasing manufacturing challenge. Bosson, who has been Corporate Vice-President of Front-end Manufacturing and VLSI VLSI: see integrated circuit. (1) (Very Large Scale Integration) Between 100,000 and one million transistors on a chip. See SSI, MSI, LSI and ULSI. (2) (VLSI Technology, Inc., Tempe, AZ, www.semiconductors. Fabs since 1989, has already made a dramatic impact in the corporation's manufacturing competitiveness. An aggressive investment program in recent years has seen the opening of two new 8-inch wafer (1) A small, thin continuous-loop magnetic tape cartridge that has been used from time to time for data storage and specialized applications. (2) The base unit of chip making. It is a slice taken from a salami-like silicon crystal ingot up to 12" (300mm) in diameter. fabs now in volume production, one being now equipped and qualified, and two announced for opening by 1998 and 1999, in addition to upgrades and expansions to existing facilities. A long term veteran of the semiconductor industry with an outstanding record in Marketing, Pieranunzi joined SGS SGS Société Générale de Surveillance SGS Symantec Gateway Security (appliance) SGS School of Graduate Studies SGS Subgrid Scale SGS Singapore Government Securities SGS Shell Global Solutions USA as Vice-President of Marketing and Sales in 1981. After the merger that created SGS-THOMSON Microelectronics in 1987, he continued in the same capacity, growing sales to nearly $300 million in 1991. From 1992 to 1994 Pieranunzi operated from SGS-THOMSON's corporate headquarters in Europe as Vice-President of Corporate Strategic Marketing and Corporate Key Accounts, directing business with SGS-THOMSON's largest worldwide customers. SGS-THOMSON Microelectronics is a global independent semiconductor company listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and on the Bourse bourse (b  rs), term applied to a European stock exchange. The first international bourse was established in Antwerp in the 16th cent. de Paris. The company, which in 1995 realized net revenues of US$3.55 billion, designs, develops, manufactures, and markets a broad range of semiconductor integrated circuits Integrated circuitsMiniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. (ICs) and discrete devices A discrete device (or discrete component) is an electronic component with just one circuit element, either passive (resistor, capacitor, inductor, diode) or active (transistor or vacuum tube), other than an integrated circuit. used in a wide variety of microelectronic The miniaturization of electronic circuits. See chip. applications, including telecommunications systems, computer systems, consumer products, automotive products and industrial automation and control systems. CONTACT: SGS-THOMSON Microelectronics, Inc. J.P. Rossomme, 617/259-2534 http://www.st.com |
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