{"id":749902,"date":"2023-04-20T17:47:04","date_gmt":"2023-04-20T21:47:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/microchip-technology-announces-promotion-of-rich-simoncic-to-executive-vice-president\/"},"modified":"2023-04-20T17:47:04","modified_gmt":"2023-04-20T21:47:04","slug":"microchip-technology-announces-promotion-of-rich-simoncic-to-executive-vice-president","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/microchip-technology-announces-promotion-of-rich-simoncic-to-executive-vice-president\/","title":{"rendered":"Microchip Technology Announces Promotion of Rich Simoncic to Executive Vice President"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">CHANDLER, Ariz., April  20, 2023  (GLOBE NEWSWIRE) &#8212; Microchip Technology Inc. <strong>(Nasdaq: MCHP<\/strong>), a leading provider of smart, connected and secure embedded control solutions, today announced that its board of directors has promoted Rich Simoncic to Executive Vice President of Microchip.<\/p>\n<p align=\"start\">Simoncic started his business career as a new college graduate at Microchip in 1989, and has had progressively increasing development, operational and business unit responsibilities. He founded the analog business at Microchip in 1998 and has been instrumental in building it to a more than $2 billion annual business through a combination of organic efforts as well as acquisitions. He was promoted to vice president in 1995, to corporate vice president in 2001 and to senior vice president in 2019. He holds a bachelor\u2019s degree in electrical engineering technology from DeVry Institute of Technology.<\/p>\n<p align=\"start\">\u201cRich will continue to manage all of Microchip\u2019s Analog business units. In addition, he will play a larger role assisting me with several corporate initiatives, including strategic planning, total system solutions, market megatrends and investor relations,\u201d said Ganesh Moorthy, Microchip\u2019s President and CEO.<\/p>\n<p align=\"start\">High-res image available through Flickr or editorial contact (feel free to publish): <br \/> \u2022\u00a0Headshot image: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rDxmKf-aIaJE_8KG8K0GZk_z9rRGpgBmeJAawxt8_AaAJ7AKavqx9pOXKycnve4XRMwz93LFCpY41eCZV1GR1-c6yQ9U8SJqTk35TfOjHUsDFOdjKfOhTkLnDy8XinPxZ_x_DfvKoB2VkW0C6vPf-RP21N0EY5g79q4nAKuV74dChJdAZurE-fGBYOVdns9Pi-D5Jg6WfxNIy2p4lXotEg==\" rel=\"nofollow noopener\" target=\"_blank\"><strong><u>www.flickr.com\/photos\/microchiptechnology\/52830916346\/sizes\/l\/<\/u><\/strong><\/a><\/p>\n<p align=\"start\">\n        <strong><br \/>\n          <u>About Microchip Technology<\/u><br \/>\n        <\/strong><br \/>\n        <strong>:<\/strong><br \/>\n        <br \/> Microchip Technology Inc. is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs which reduce risk while lowering total system cost and time to market. The company\u2019s solutions serve more than 120,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NCkIc-rRRnGxnOtTcwfnoSA8hlFJP4gdNdmOqcDqB7MfBvg-xKbtvWM_To9f3LVwpxZNiek_7OO0-OfyrDktkQ==\" rel=\"nofollow noopener\" target=\"_blank\"><strong><u>www.microchip.com<\/u><\/strong><\/a>.<\/p>\n<p align=\"left\">\n        <em>Note: The Microchip name and logo, and the Microchip logo are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies.<\/em><br \/>\n        \n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"text-align: left;vertical-align: middle\">\n            <strong>Editorial Contact:<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle\">Brian Thorsen<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle\">(480) 792-7182<\/td>\n<td style=\"text-align: left;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle\">\n            <a href=\"mailto:brian.thorsen@microchip.com\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n              <strong><br \/>\n                <u>brian.thorsen@microchip.com<\/u><br \/>\n              <\/strong><br \/>\n            <\/a>\n          <\/td>\n<td style=\"text-align: left;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgxMjQwOCM1NTM4NzIzIzIwMDQ3NzY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ZjJiZjljZWEtOGY4ZS00YTdiLTgzOTUtNmUwMmVkOGY1NTQ1LTEwMTYzNDk=\/tiny\/Microchip-Technology-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CHANDLER, Ariz., April 20, 2023 (GLOBE NEWSWIRE) &#8212; Microchip Technology Inc. (Nasdaq: MCHP), a leading provider of smart, connected and secure embedded control solutions, today announced that its board of directors has promoted Rich Simoncic to Executive Vice President of Microchip. Simoncic started his business career as a new college graduate at Microchip in 1989, and has had progressively increasing development, operational and business unit responsibilities. He founded the analog business at Microchip in 1998 and has been instrumental in building it to a more than $2 billion annual business through a combination of organic efforts as well as acquisitions. He was promoted to vice president in 1995, to corporate vice president in 2001 and to senior vice president in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/microchip-technology-announces-promotion-of-rich-simoncic-to-executive-vice-president\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Microchip Technology Announces Promotion of Rich Simoncic to Executive Vice President&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-749902","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Microchip Technology Announces Promotion of Rich Simoncic to Executive Vice President - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/microchip-technology-announces-promotion-of-rich-simoncic-to-executive-vice-president\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Microchip Technology Announces Promotion of Rich Simoncic to Executive Vice President - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CHANDLER, Ariz., April 20, 2023 (GLOBE NEWSWIRE) &#8212; Microchip Technology Inc. (Nasdaq: MCHP), a leading provider of smart, connected and secure embedded control solutions, today announced that its board of directors has promoted Rich Simoncic to Executive Vice President of Microchip. Simoncic started his business career as a new college graduate at Microchip in 1989, and has had progressively increasing development, operational and business unit responsibilities. He founded the analog business at Microchip in 1998 and has been instrumental in building it to a more than $2 billion annual business through a combination of organic efforts as well as acquisitions. He was promoted to vice president in 1995, to corporate vice president in 2001 and to senior vice president in &hellip; Continue reading &quot;Microchip Technology Announces Promotion of Rich Simoncic to Executive Vice President&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/microchip-technology-announces-promotion-of-rich-simoncic-to-executive-vice-president\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-20T21:47:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgxMjQwOCM1NTM4NzIzIzIwMDQ3NzY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/microchip-technology-announces-promotion-of-rich-simoncic-to-executive-vice-president\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/microchip-technology-announces-promotion-of-rich-simoncic-to-executive-vice-president\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Microchip Technology Announces Promotion of Rich Simoncic to Executive Vice President\",\"datePublished\":\"2023-04-20T21:47:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/microchip-technology-announces-promotion-of-rich-simoncic-to-executive-vice-president\\\/\"},\"wordCount\":341,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/microchip-technology-announces-promotion-of-rich-simoncic-to-executive-vice-president\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgxMjQwOCM1NTM4NzIzIzIwMDQ3NzY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/microchip-technology-announces-promotion-of-rich-simoncic-to-executive-vice-president\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/microchip-technology-announces-promotion-of-rich-simoncic-to-executive-vice-president\\\/\",\"name\":\"Microchip Technology Announces Promotion of Rich Simoncic to Executive Vice President - 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