STMicro appoints new corporate VPs

STMicroelectronics (ST) announced the appointment of two new corporate vice presidents, Francois Guibert for Asia-Pacific and Thierry Tingaud for the emerging markets region.

Guibert, currently corporate vice president and general manager of ST's emerging markets region, will be appointed to the position of corporate vice president and CEO for the Asia-Pacific region, effective October 1 this year. Guibert's appointment follows the decision of Jean-Claude Marquet, the current corporate vice president of ST Asia Pacific, to retire in October 2006, after managing the subsidiary since 1995.

At the end of the 1980s, Guibert helped set up ST's design centers in Taiwan, Korea and Hong Kong. He also served as president of the company's operations in Taiwan in 1989 to 1992 and later, helped set-up the back-end joint venture with Shenzhen Electronics Group.

Succeeding Guibert's appointment, Thierry Tingaud, currently vice president sales and marketing Europe for telecommunications, will be promoted to the position of corporate VP and general manager of ST's emerging markets region, effective July 1, 2006.

Tingaud is said to have played a role in developing ST's wireline and wireless business with telecommunication customers that have operations in Asia, China, Europe, Japan and the Americas. He has also contributed to ST's mobile phone business.

ST's emerging markets region covers a number of economies on four continents, including Brazil, India and Russia. ST reported that in 2005, its sales in the region were approximately $600 million.