Carlo Bozotti, STMicroelectronics' general manager and chief executive officer, said: "We have been working closely with Ferro for 6 years as CFO. I believe that in the process of ST-Ericsson's transformation, his knowledge, driving results, Devotion and determination will play a key role. I thank him for accepting this important appointment.â€
At the same time, Mario Arlati, chief accounting officer of STMicroelectronics and head of the company’s external financial report, took over as chief financial officer.
The Investor Relations Department, which was formerly the head of the CFO, is now merged with the Corporate Strategy Division headed by Philippe Lambinet.
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