|Musing 19 Months ago at STM: CEO Bozotti rumored out. However Michael Combes stayed put at Numericable, and Bozotti is championing the STM turn-around successfully today.|
Now that Michael Combes is exited from Altice and Numericable, is the STM Board preparing an exit for Bozotti as the market is recovering and he can take credit for securing the STM rebound is revenue and share price? He could leave on a high with a golden parachute and handshake.
It seems like an auspicious opportunity that could enhance the business of long-time partners of STM, like SEQUANS and ERICSSON. In the case of ERIC, it currently holds a portfolio of device management software for M2M device networks that has been well regarded in China and also accepted by State cellcos. ERIC could use a partner and vice versa regarding SQNS. M&A has been broadly ruled out for STM as they emphasize GM and revenue. But they have a leading position in FD-SOI and you should expect SEQUANS solutions already are in R&D prep for porting. TSMC or STM?
STMicroelectronics Is Said to Seek Successor to CEO Bozotti April 14, 2016
STMicro board wants to replace CEO, has short-list of candidates Thu Apr 14, 2016 6:02pm BST PARIS (Reuters)