Press release
Microchip Technology Announces Addition to Its Board of Directors
CHANDLER, Ariz., Dec. 16, 2022 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected and secure
About this update from Microchip Technology Incorporated
[{"type":"text","content":"CHANDLER, Ariz., Dec. 16, 2022 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that Robert Rango, formerly the President and Chief Executive Officer of Enevate Corporation and Executive Vice President of Broadcom’s Mobile and Wireless Group, will join the Board of Directors of Microchip effective January 3, 2023. With this appointment, Microchip’s Board will be comprised of 8 members. Commenting on Robert Rango’s appointment to the board, Microchip’s Executive Chair, Steve Sanghi, said, “Mr. Rango most recently served as the CEO of Enevate Corporation, a privately held technology company. As a leader with over 40 years of industry experience, Mr. Rango has held leadership roles of increasing prominence at various semiconductor companies including Broadcom Corporation, AT&T Microelectronics, Lucent Technologies, and Agere Systems. He brings years of industry operations, technology experience, risk management and international business experience to Microchip along with significant public company board experience. He currently serves on the boards of KLA Corporation and Keysight Technologies, Inc., and served on the board of Integrated Device Technologies, Inc. from 2015 to 2019. We welcome Robert to our board and look forward to benefitting from his contributions.” Robert Rango commented, “Microchip’s strong leadership, technology mix and empowering company culture attracted me to the company. The leadership team has a solid track-record of driving growth, profitability, and shareholder value creation. I’m excited to be joining the board, and I look forward to contributing to Microchip’s continued success.” Cautionary Statement: The statements in this release relating to the addition to our board of directors, looking forward to benefitting from his contributions, driving growth, profitability, and shareholder value creation and contributing to Microchip’s continued success are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause our actual results to differ materially, including, but not limited to: any continued uncertainty, fluctuations or weakness in the U.S. and world ec...