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Coloplast interim CEO Lars Rasmussen will step down from the Board at the upcoming Annual General Meeting
Globenewswire· 2025-10-09 15:52
Announcement no. 09/2025Inside information Coloplast interim CEO Lars Rasmussen will step down from the Board at the upcoming Annual General Meeting Coloplast interim CEO Lars Rasmussen has today informed the Coloplast Board of Directors that he will not stand for re-election as board member at the upcoming annual general meeting on December 4, 2025. “On behalf of the Board, I want to thank Lars for his unwavering dedication to Coloplast. Through his commitment to the company for close to four decades, ...
Steve Sanghi to Continue as Microchip CEO and President on a Permanent Basis
Globenewswire· 2025-07-02 20:15
Core Viewpoint - Microchip Technology Incorporated has appointed Steve Sanghi as the permanent Chief Executive Officer and President, after serving in an interim capacity since November 2024 [1][2]. Group 1: Leadership Changes - Steve Sanghi has been with Microchip for over 30 years and previously served as CEO until 2021 [1][2]. - The Board of Directors expressed confidence in Sanghi's leadership, highlighting his decisive actions in implementing a recovery plan to restore the company's industry leadership [2]. Group 2: Recovery Plan - Sanghi noted that while several elements of the recovery plan have been completed or substantially implemented, achieving the long-term operating model will require ongoing efforts [2]. Group 3: Company Overview - Microchip Technology is a leading provider of smart, connected, and secure embedded control solutions, serving approximately 109,000 customers across various markets including industrial, automotive, consumer, aerospace, defense, communications, and computing [3]. - The company is headquartered in Chandler, Arizona, and offers comprehensive product portfolios and development tools to reduce risk and lower total system costs [3].