French industry minister says he supports STMicroelectronics CEO Chery
Tweet
Share
E-mail
FILE PHOTO: The logo of electronics and semiconductors manufacturer STMIcroelectronics is seen outside a company building in Montrouge, near Paris, France, July 12, 2022. REUTERS/Sarah Meyssonnier/File Photo
PARIS (Reuters) - French Industry Minister Marc Ferracci said on Thursday he supported STMicroelectronics CEO Jean-Marc Chery amid allegations of insider trading by two members of its managing board.
"I would like to offer my full support to Jean-Marc Chéry after the recent tensions within the STMicroelectronics Supervisory Board and the announcement of the reorganization plan," Ferracci wrote in a post on social media platform X.
(Reporting by Makini Brice; Editing by Chris Reese)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Are global oil stocks big enough to weather another six months of US-Iran war?
- Tapestry forecasts strong annual profit as Coach draws young shoppers
- Five killed while defusing explosive device in Russian-controlled Sevastopol, governor says
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
