STMicroelectronics Appoints New Senior Executives

Strong Team Steps Up to Meet Changing Dynamics

GENEVA, Jan. 15 /PRNewswire-FirstCall/ -- STMicroelectronics (NYSE: STM)
announced today the appointment of new executive officers, all reporting to
President and Chief Executive Officer Carlo Bozotti. The adjustments meet the
evolution of the industry and anticipate the retirement, at the end of Q1, of
Company veterans Enrico Villa, Executive Vice President, Director of Europe
Region, and Vice President External Technological Co-ordination; and Laurent
Bosson, Executive Vice President, Front-End Technology and Manufacturing.
Orio Bellezza, most recently the Assistant General Manager of Front-End
Technology and Manufacturing, is promoted to Executive Vice President and
steps up to the role of General Manager, Front-end Manufacturing.
Jean-Marc Chery, former general manager of front- and back-end
manufacturing operations in Asia-Pacific, is promoted to Executive Vice
President and steps into the newly-created post of Chief Technology Officer.
Executive Vice President Andrea Cuomo, who'd previously held corporate
strategic marketing and key-account sales responsibilities, and most recently
served as Chief Strategic Officer, will step in as General Manager of ST's
Europe Region while keeping his responsibility for the Advanced System
Technology organization
Loic Lietar, previously Group Vice President, Strategies is promoted to
Corporate Vice President, Corporate Business Development. In this function, he
will also be responsible for producing corporate Market Intelligence and
Research and building and maintaining third-party technology relationships in
the role of External Technology Coordinator.
Pierre Ollivier, most recently ST Corporate Counsel, is promoted to
Corporate Vice President and General Counsel, responsible for all legal
matters and the management and valorization of ST's valuable Intellectual
Property.
ST also announced the hiring and appointment of Alisia Grenville. She
joins ST in the newly created position of Corporate Vice President, Chief
Compliance Officer and in this role will maintain relations with stock
exchange -related regulatory bodies on all compliance issues. Grenville will
also be in charge of the Executive Secretariat of the Supervisory Board, will
perform the Company's Internal Audits and will chair the Company's Ethics
Committee. With substantial experience in corporate governance, regulatory
requirements and compliance, Grenville comes to ST from biotechnology leader
Serono SA, where she served as Europe and International Compliance Officer.
All the above appointments are effective immediately.
Retiring Executive Vice President for Front-End Technology and
Manufacturing, Laurent Bosson spent 24 years with ST and its parent companies,
mostly in senior roles managing large sites and organizations. His dedication,
commitment and hard work have been visible throughout ST's manufacturing and
research sites and he has served as a role model for management commitment and
excellence.
Enrico Villa, who is retiring from his position as Executive Vice
President and General Manager of ST's Europe Region, has spent more than 40
years with the Company, and its parent companies. In addition to playing a key
role in organizing the merger of SGS Microelettronica and Thomson
Semiconducteurs and in the integration of the French and Italian cultures,
Villa's efforts also ensured a high quality representation of the Company at
the highest level of the European administrations and with many of the
Company's top accounts.
The experienced new members of the Company's management bring a wealth of
knowledge and skill, accumulated both within the company and outside. They
also bring deep awareness of the market and the semiconductor arena,
enthusiasm, energy and a fresh determination to succeed. These qualities
ensure a smooth transition and an enhanced progression towards new successes
for the company. ST's creation of new executive functions was made to ensure
top emphasis on technology development as well as support for the company in
key roles such as corporate governance, regulatory requirements and
compliance, intellectual property, and all legal matters.
Orio Bellezza was born in Bergamo (Italy) in 1959. He graduated with a
Doctorate with honors in Theoretical Chemical-Physics from Milan University in
1983. Bellezza joined a precursor company to STMicroelectronics in 1984 as a
process engineer, and has helped ST build and launch several wafer fabs
including the Company's R1 R&D facility and its R2, where generations of non-
volatile memory and smart-power technologies were developed. In January 2008,
Bellezza earned a promotion to the post of Executive Vice-President, General
Manager, Front-End Manufacturing.
Jean-Marc Chery was born in Orleans, France, in 1960 and graduated from
the National Superior School for Engineering, ENSAM France in 1984. Chery
joined the Discrete Division of Thomson Semiconducteurs in 1985 and, early in
2001, he joined ST's Central Front-End Manufacturing organization as General
Manager of the Rousset 8" (200mm) plant orchestrating the expansion of 8"
production. He later moved to Singapore, where Chery led ST's 6" wafer
restructuring and managed ST's Asia-Pacific Fabs, the largest highest capacity
fabs in the company. In January 2008, Chery was promoted to Executive Vice
President, Chief Technology Officer.
Alisia Grenville was born in Montreal, Quebec in 1967. She graduated from
the University of Sussex with a bachelor in law (LLB). Grenville has worked in
top-tier law firms specializing in bank finance, capital markets and M&A
transactions, as well as governance, and joined ST in Dec 2007 as Chief
Compliance Officer, responsible for relations with all Regulatory Bodies on
all compliance issues. Grenville is also Executive Secretariat of the
Supervisory Board; performs the Company's Internal Audits and chairs ST's
Ethics Committee.
Loic Lietar was born in Paris, France, in 1962. He earned an engineering
degree from the Ecole Polytechnique, a Microelectronics degree from Orsay
University and he holds an MBA from Columbia University. Lietar joined Thomson
Semiconducteurs, a predecessor company to STMicroelectronics in 1985 as an
analog IC designer and held several positions in R&D management and marketing
in Milan, Paris and Singapore before being appointed Director of Advanced
System Technologies US Labs, based in San Diego. In January 2008, Lietar was
appointed Corporate Vice President Corporate Business Development.
Pierre Ollivier was born in 1955 in London (UK) and obtained his Law
Degree at Caen University in 1976 and a postgraduate degree in International
Business law at Paris 1 University in 1978. Following a stint working on M&A
litigation and corporate restructuring at the predecessor company to Clifford
Chance, Ollivier joined a predecessor company to ST in 1984 and became general
counsel of STMicroelectronics in 1990. Ollivier is now Corporate Vice
President and General Counsel.
For more information about the promoted executives and all of ST's
management team, see ST's executive biographies at
www.st.com/stonline/company/executiv/executiv.htm.
About STMicroelectronics
STMicroelectronics is a global leader in developing and delivering
semiconductor solutions across the spectrum of microelectronics applications.
An unrivalled combination of silicon and system expertise, manufacturing
strength, Intellectual Property (IP) portfolio and strategic partners
positions the Company at the forefront of System-on-Chip (SoC) technology and
its products play a key role in enabling today's convergence markets. The
Company's shares are traded on the New York Stock Exchange, on Euronext Paris
and on the Milan Stock Exchange. In 2006, the Company's net revenues were
$9.85 billion and net earnings were $782 million. Further information on ST
can be found at www.st.com.
SOURCE STMicroelectronics

Michael Markowitz of STMicroelectronics, +1-212-821-8959,
michael.markowitz@st.com