• Thu. Apr 18th, 2024

Microchip Technology Incorporated Welcomes Richard J. Simoncic as New Chief Operating Officer Amidst Leadership Transition

BySamantha Jones

Apr 2, 2024
Richard J. Simoncic appointed as Microchip Technology’s new COO

Microchip Technology Incorporated has appointed Richard J. Simoncic as the new Chief Operating Officer, effective April 1, 2024. Simoncic has been with the company since 1990 and has steadily risen through the ranks, most recently serving as Executive Vice President. With his extensive experience and knowledge of the company, he will now be working closely with President and CEO Ganesh Moorthy to ensure continuity and leadership in Microchip Technology’s operations.

This strategic decision comes at a time when Senior Vice President Stephen V. Drehobl is set to retire on June 7, 2024. Simoncic’s appointment ensures that there will be no disruption in the company’s leadership and that there will be someone with a wealth of experience to guide its operations moving forward.

For more detailed information on MCHP stock, you can visit TipRanks’ Stock Analysis page for expert insights and analysis on this publicly traded technology company.

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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