Chip Maker NXP Nominates Its Next Chief Executive -- 2nd Update
05 Marzo 2020 - 4:43PM
Noticias Dow Jones
By Allison Prang
NXP Semiconductors NV said its board nominated the company's
president to become the new chief executive.
The board is nominating Kurt Sievers to succeed current CEO Rick
Clemmer, who has been at the helm for more than a decade. Mr.
Clemmer will become company adviser, the chip maker said.
Mr. Sievers' appointment as chief executive will be proposed at
NXP's annual shareholder meeting, scheduled for May 27, the
Netherlands-based company said Thursday. He has been president
since September 2018 and started at the company in 1995.
Qualcomm Inc. previously intended to purchase NXP, but China in
2018 didn't approve the deal.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
March 05, 2020 17:28 ET (22:28 GMT)
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