EINDHOVEN, The Netherlands, May 24, 2023 (GLOBE NEWSWIRE) — NXP Semiconductors NV NXPI reports that Sir Peter Bonfield, the Founding Chairman of NXP, has resigned from his position on the NXP Board of Directors today at the conclusion of the Company’s Annual General Meeting (“AGM”) in 2023. The NXP Board of Directors has appointed Ms. Julie Southern as Chair, effective immediately. At the AGM, shareholders overwhelmingly elected all nominee directors to the company’s board, including Mr. Moshe Gavrielov, who is joining the board as a non-executive director.

“It has been an honor and a pleasure to serve as Founding Chairman of the NXP Board,” said Sir Peter. “It has been a real privilege to accompany NXP on its journey to become one of the most respected, influential and successful semiconductor companies in the world. With Julie’s appointment as new CEO, the board is in excellent hands and the move to a new CEO will allow it to run smoothly and successfully. I wish Julie and the NXP Board all the best.”

Sir Peter Bonfield has been Chairman of NXP since NXP spun off from Philips in 2006. In his seventeen years as founding Chairman of NXP, Sir Peter was instrumental in guiding NXP through its significant and successful transformation. Ms. Julie Southern, who has now assumed the role of Chair, has been non-executive director of the Board since October 2013 and Chair of the Audit Committee since September 2018.

“We are fortunate and grateful to have had Sir Peter’s thoughtful leadership and deep industry knowledge since the inception of NXP,” said Kurt Sievers, President and CEO of NXP. “Through the challenges and opportunities of the past seventeen years, Sir Peter has led our board and guided our management with great strategic foresight. Personally, I am very grateful for the support he has given me as President and CEO and for the leadership.” He has provided many others in our management team and…