Experienced Executive Simoncic Promoted to Chief Operating Officer at Microchip Technology Incorporated

Richard J. Simoncic Appointed as COO at Microchip Technology

Microchip Technology Incorporated is pleased to announce the appointment of Richard J. Simoncic as the new Chief Operating Officer, effective April 1, 2024. Simoncic has been with the company since 1990 and most recently served as Executive Vice President. This move signifies a focus on continuity and experience in Microchip Technology’s leadership team.

Simoncic will now work under the guidance of President and CEO Ganesh Moorthy. The appointment comes as Senior Vice President Stephen V. Drehobl is set to retire on June 7, 2024. This move reflects Microchip Technology’s commitment to maintaining a strong leadership team with a wealth of experience and expertise.

Simoncic’s extensive knowledge of the company and its operations will be an asset in his new role, enabling him to continue driving growth and success for Microchip Technology Incorporated. We are excited to welcome him to our leadership team and wish him all the best in his new position.

For more information on MCHP stock, visit TipRanks’ Stock Analysis page for expert insights and analysis on this leading technology company.

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