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October 23, 2009

NXP Strengthens Management Team


Appoints New Heads of Automotive and Standard Products Businesses


Eindhoven, Netherlands, October 23, 2009 - NXP Semiconductors today announced the extension of its management team with the appointments of Kurt Sievers as general manager for the automotive business and Frans Scheper as general manager for the standard products business. Both executives will report directly to President and CEO Rick Clemmer. The positions will enable NXP to further deliver on its strategy of building leadership in High Performance Mixed Signal (HPMS) technology, while maintaining a strong standard products business.

 

Kurt Sievers and Frans Scheper collectively bring more than 20 years' of relevant management experience with proven track records in the semiconductors industry. Mr. Sievers previously managed the automotive safety and comfort business line, while Mr. Scheper served as general manager of the general applications (discretes) business line within the multimarket semiconductors business.

 

“These new appointments bring added strength to the team, providing the leadership skills, specialist market knowledge and operational rigor that are essential in enabling us to grow our automotive and standard products businesses as part of our ambition to focus and lead in High Performance Mixed Signal while delivering excellence in standard products,” said Rick Clemmer, President and Chief Executive Officer of NXP.

 

Kurt Sievers will take on responsibility for the overall automotive business unit from Rick Clemmer, who was holding the position on an ad interim basis. Frans Scheper's role as general manager for standard products is a newly created position.

 

About NXP Semiconductors

NXP Semiconductors provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power, Digital Processing and manufacturing expertise. These innovations are used in a wide range of automotive, industrial, consumer, lighting, medical, computing and identification applications. Headquartered in Europe, the company has about 29,000 employees working in more than 30 countries and posted sales of USD 5.4 billion in 2008. News from NXP is located at www.nxp.com.