ST-Ericsson set to lose CEO

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Chip maker ST-Ericsson announced that president and CEO Didier Lamouche would be leaving his position to pursue other opportunities effective March 31. The company, which is a joint venture between STMicroelectronics and Ericsson, did not name a successor.

Lamouche was previously CEO of STMicroelectronics before taking the head position at ST-Ericsson.

STMicroelectronics noted late last year that it planned to exit the JV as part of an internal reorganization plan. That news followed a previous reorganization by ST-Ericsson that saw the company cut 1,700 jobs.

Ericsson last year took a $1.2 billion write down on its investment in ST-Ericsson, though it did note it planned to keep the chip division.

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Dan Meyer

Editor-in-Chief, Telecom Software, Policy, Wireless Carriers
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Dan Meyer started at RCR Wireless News in 1999 covering wireless carriers and wireless technologies. As editor-in-chief, Dan oversees editorial direction, reports on news from the wireless industry, including telecom software, policy and wireless carriers, and provides opinion stories on topics of concern to the market such as his popular Friday column “Worst of the Week.”

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