Renesas Announces Change in Executive Personnel Following Dialog Integration

时间:2021-08-31 15:40来源:

摘要:TOKYO,August31,2021―Asannouncedinthepressreleasetitled“RenesasCompletesAcquisitionofDialogSemiconductor”issuedonAugust31,2021,Renesas’acquisitionoftheentireissuedandtobeissuedsharecapitalofDialogSemiconductorPlc(“Dialog”)isnowcompleteFollowingthismove,RenesasElectronicsCorporation(TSE:6723)todayannouncedthefollowingchangesinitsexecutiveofficersandre-assignmentofautomotivesolutionbusinessfunctionseffectiveOctober1,2021,totakeadvantageofthesynergiesresultingfromthecombinationofRenesas’andDialog’sstrengths

TOKYO, August 31, 2021 ― As announced in the press release titled “Renesas Completes Acquisition of Dialog Semiconductor” issued on August 31, 2021, Renesas’ acquisition of the entire issued and to be issued share capital of Dialog Semiconductor Plc (“Dialog”) is now complete. Following this move, Renesas Electronics Corporation (TSE: 6723) today announced the following changes in its executive officers and re-assignment of automotive solution business functions effective October 1, 2021, to take advantage of the synergies resulting from the combination of Renesas’ and Dialog’s strengths.
 
1. Outline of the Change in Executive Officers
[Retiring Executive Officer]
Tomomitsu Maoka is retiring as Senior Vice President, Deputy General Manager of Automotive Solution Business Unit as of September 30, 2021.
 
[New Executive Officer]
Upon the completion of the Dialog acquisition, Vivek Bhan has joined Renesas’ leadership team as Senior Vice President effective August 31, 2021. Formerly as Dialog’s Senior Vice President and General Manager, Vivek led the Custom Mixed Signal (CMS). He will continue to be responsible for the CMS business as a member of Renesas’ IoT and Infrastructure Business Unit.
Subsequent to the retirement of Tomomitsu Maoka, Vivek will then assume the new role of Senior Vice President & Deputy General Manager of Automotive Solution Business Unit effective October 1, 2021, replacing Tomomitsu Maoka. Vivek and Tomomitsu will work together during September to ensure a smooth transition.  
See the attachment for Vivek’s biography.

2. Reassignment of Automotive Solution Business Functions
In accordance with the above changes, the functions of the Automotive Solution Business will be re-assigned effective October 1, 2021. The Automotive Solution Business Unit will comprise Sales, Automotive Business Management and Automotive New Business Creation functions and the following two core product businesses led by Takeshi Kataoka and Vivek Bhan.
 
· Digital Product Business: Reports directly to Takeshi Kataoka, Senior Vice President, General Manager of Automotive Solution Business Unit
· A&P Product Business: Reports directly to Vivek Bhan
 
About Renesas Electronics Corporation
Renesas Electronics Corporation (TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live. A global leader in microcontrollers, analog, power, and SoC products, Renesas provides comprehensive solutions for a broad range of automotive, industrial, infrastructure, and IoT applications that help shape a limitless future. Learn more at renesas.com. Follow us on LinkedInFacebookTwitter, and YouTube.
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