– USA, AZ – ON Semiconductor Corporation (NASDAQ: ON) today announced the nomination of Hassane El-Khoury to its Board of Directors as president, CEO, effective Dec. 7, 2020.
“Following a comprehensive internal and external search process, I want to welcome Hassane to ON Semiconductor,” said Board Chairman, Alan Campbell. “The focus of our search was to identify an experienced CEO who understands the transformation underway within our industry and to expand our leadership position in target secular growth markets, accelerate revenue, gross margin, and earnings growth, and enhance stakeholder value. During the interview process, Hassane emerged as the clear leader to deliver on the company’s immense potential for its customers, partners, employees, and other stakeholders. We are thrilled to have found such a qualified leader.”
About
Before joining ON Semiconductor, El-Khoury served as president, chief executive officer, and member of the board of directors at Cypress Semiconductor until its sale to Infineon in April 2020. He held various roles spanning business unit management, product development, applications engineering, and business development during his thirteen years at Cypress. After immigrating to the United States from Lebanon at the age of 17, El-Khoury obtained a Bachelor of Science in electrical engineering from Lawrence Technological University and a master’s in engineering management from Oakland University. He was a 2018 recipient of Silicon Valley’s 40 under 40 and is currently a member of the board of directors at KeraCel.
“I believe that a company is most successful when it leverages its people to solve customer challenges,” El-Khoury said. “ON Semiconductor has developed a broad product portfolio that contains essential silicon building blocks to enable customer solutions in its target markets. I’m passionate about enabling customer success and excited to build on the company’s foundation to provide superior systems solutions spanning the automotive, industrial, cloud power, and IoT markets while enhancing financial performance.”
About ON Semiconductor
ON Semiconductor is driving energy efficient innovations, empowering customers to reduce global energy use. The company is a leading supplier of semiconductor-based solutions, offering a comprehensive portfolio of energy-efficient power management, analog, sensors, logic, timing, connectivity, discrete, SoC, and custom devices. The company’s products help engineers solve their unique design challenges in automotive, communications, computing, consumer, industrial, medical, aerospace, and defense applications. ON Semiconductor operates a responsive, reliable, world-class supply chain and quality program, a robust compliance and ethics program, and a network of manufacturing facilities, sales offices, and design centers in key markets throughout North America, Europe, and the Asia Pacific regions.
For more information: https://www.onsemi.com/
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