Reported about 5 hours ago
STMicroelectronics has appointed two new Italian members to its supervisory board, marking an effort to resolve governance tensions between Italy and France. The new appointees, Armando Varricchio and Orio Bellezza, will replace outgoing members, pending shareholder approval in December. This decision follows previous conflicts regarding board appointments and reflects an ongoing partnership aimed at revitalizing the company amid industry challenges.
Source: YAHOO