Microchip Technology (MCHP) Announces CEO Transition

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Microchip Technology Announces CEO Transition

November 5, 2020 4:15 PM EST

CHANDLER, Ariz., Nov. 05, 2020 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that its long serving CEO Steve Sanghi will transition to an Executive Chair role effective March 1, 2021. Microchips current President, Ganesh Moorthy, will step into the role of President and CEO effective March 1, 2021. Mr. Moorthy will also join the Board of Directors effective January 4, 2021.

Leading Microchip for the last 30 years has been the greatest privilege of my 42 years in the semiconductor industry said... More