STMicroelectronics proposed CEO renewal and its stock trades at EUR 40.32

Published on 10/15/2026 at 10:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The board proposes a one-year CEO renewal on October 13, 2026. STMicroelectronics stock costs EUR 40.32 on October 15, 2026 before October 29 results.

Leadership and reporting dates

STMicroelectronics proposed a one-year CEO renewal on October 13, 2026.
Second-quarter 2026 revenue reached USD 3.49 billion, up 26 percent year over year.
STMicroelectronics stock trades at EUR 40.32 at 10:39 a.m. CEST at Lang & Schwarz on October 15, 2026.

Watercolor illustration of French-Italian semiconductor industrial campus in alpine valley — STMicroelectronics NL0000226223 semiconductor plant rendered in watercolor nestled in a scenic alpine mountain landscape, Illustration mit AI erstellt.

STMicroelectronics (ISIN NL0000226223) proposed a one-year renewal for CEO Jean-Marc Chery on October 13, 2026, while the stock traded at EUR 40.32 at Lang & Schwarz on October 15, 2026 at 10:39 a.m. CEST. According to GlobeNewswire, Chery accepted the Supervisory Board's request to remain available for another year.

CEO continuity has a one-year limit

The board will ask shareholders to approve the reappointment at the 2027 Annual General Meeting. The proposal covers Chery's roles as Chairman of the Managing Board and President and CEO, so the immediate message is continuity rather than a leadership transition.

Three dated signals for STMicroelectronics

On October 5, 2026, the SEC filing reported a repurchase of 310,000 shares for EUR 14.61 million, while GlobeNewswire confirmed the October 29 reporting date. On October 13, the company proposed Chery's one-year renewal, which he accepted.

What does the proposal change?

The proposal gives shareholders a defined one-year decision rather than an open-ended extension. It also keeps the company's current executive structure in place until the 2027 shareholder vote, subject to approval.

When is the next report?

STMicroelectronics will release third-quarter 2026 results before European markets open on October 29, 2026, followed by a conference call at 9:30 a.m. CET, according to GlobeNewswire. The company reported second-quarter 2026 revenue of USD 3.49 billion, up 26 percent year over year, with a 34.8 percent gross margin on its investor-relations page.

Stock price and investor calendar

The leadership proposal and the approaching results date give investors two concrete reference points for the next report. The second-quarter revenue increase and 34.8 percent gross margin provide the latest reported operating baseline.

STMicroelectronics was trading at EUR 40.32 at Lang & Schwarz on October 15, 2026 at 10:39 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of STMicroelectronics stock.