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STMicroelectronics Establishes Corporate Executive Committee

24 January 2005

STMicroelectronics (NYSE: STM) announced the formation of the Corporate Executive Committee, comprised of five corporate executives, in addition to the COO, and the CEO. The roles of the Committee, which represent all the functions of the organization, include
corporate policy making, coordination of the strategies of individual
corporate functions, and driving major cross-functional programs.

The establishment of the Committee is a new step forward in ST's ongoing
succession plan announced on March 15, 2004, subject to approval by the
Company's shareholders at the 2005 Annual General Meeting.

Pasquale Pistorio -- ST's President and CEO, who will retire from his
present position in May 2005 -- commented: "I believe the newly formed
Committee will play a key role in fulfilling the Company's long-term vision of
matching the market and technology evolution, while preserving the continuity
of ST's corporate values."

The members of the Executive Committee are:

-- Carlo Bozotti, incoming President and Chief Executive Officer
-- Alain Dutheil, incoming Chief Operating Officer
-- Enrico Villa, for the Sales and Marketing organization
-- Laurent Bosson, for Manufacturing and Technology
-- Philippe Geyres, for the Product Groups
-- Carlo Ferro, as Chief Financial Officer and representing also the
Corporate Infrastructure and Services Organization
-- Andrea Cuomo, as Chief Strategic Officer and representing also all
other Staff functions

The Corporate Executive Committee is chaired by Carlo Bozotti or, in his
absence, by Alain Dutheil, and will meet regularly throughout the quarter to
discuss major company-wide strategies and programs. Corporate Vice Presidents
who are also members of the Corporate Executive Committee will be titled
Executive Vice President.

Executive Committee bio data:

Carlo Bozotti was born near Milan, Italy, in 1952. He graduated in
Electronic Engineering at the University of Pavia. After having prepared his
graduation thesis with experimental work at SGS-ATES, he joined the company in
1977. With the approval of the Company's Supervisory Board, Bozotti has been
designated to become President and CEO after the retirement of Pasquale
Pistorio in 2005.

Alain Dutheil was born in Martigues, France, in 1945. He is an Engineering
graduate from the Ecole Superieure d'Ingenieurs of Marseilles. Dutheil joined
Thomson Semiconducteurs in 1983 as Plant Manager of its Aix-en-Provence plant
in France. After the Annual General Meeting in 2005, Dutheil will take on the
newly created position of Chief Operating Officer.

Laurent Bosson was born in Mieussy, France, in 1942. He graduated in
chemistry and physics from the University of Dijon. In 1985, Bosson joined SGS
Microelettronica as General Manager of its Rennes manufacturing plant. Bosson
is now Executive Vice President, Front-End Technology and Manufacturing.

Andrea Cuomo was born in Milan, Italy, in 1954. He graduated from the
Milan Politecnico in Nuclear Sciences. He joined SGS in 1983. Cuomo is now
Executive Vice President, Strategic Planning and Advanced System Technology.

Carlo Ferro was born in Savona, Italy, in 1961. He graduated in Business
and Economics from the LUISS Guido Carli University in Rome. Ferro was hired
by STMicroelectronics in June 1999 as Group Vice President Corporate Finance.
He is now Executive Vice President, Chief Financial Officer.

Philippe Geyres was born in Paris, France in 1952 and graduated from the
Ecole Polytechnique of Paris. He joined Thomson Semiconducteurs as Director of
its Bipolar Integrated Circuits Division in 1983. Geyres is now Executive Vice
President, Home, Personal, and Communication Sector.

Enrico Villa was born near Milan, Italy, in 1941. After a first degree in
Electrical Engineering, he also graduated in Business Administration from
Universita Cattolica in Milan. Villa joined SGS in 1967. He is now Executive
Vice President, Europe Region.

For further information, please contact:

INVESTOR RELATIONS:

Stanley March
Vice President
Investor Relations
Tel: +1.212.821.89.39
Fax: +1.212.821.89.23
Email: stan.march@st.com

Fabrizio Rossini
Senior Manager
Investor Relations
Tel: +41.22.929.69.73
Fax: +41.22.929.69.61
Email: fabrizio.rossini@st.com

Benoit de Leusse
Director
Investor Relations
Tel: +41.22.929.58.12
Fax: +41.22.929.69.61
Email: benoit.de-leusse@st.com

MEDIA RELATIONS:

Maria Grazia Prestini
Director, Corporate Media Relations
Tel: +41.2.29.29.69.45
Fax: +41.2.29.29.69.50
Email: mariagrazia.prestini@st.com

Michael Markowitz
Director, U.S. Media Relations
Tel: +1.212.821.8959
Fax: +1.212.821.8922
Email: michael.markowitz@st.com



Source: PR Newswire


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