STMicroelectronics, a semiconductor company, has appointed Mario Arlati, ST’s chief accounting officer (CAO) and head of corporate external reporting, as chief financial officer (CFO). Investor relations, previously part of the CFO organisation, is now under the responsibility of Philippe Lambinet, corporate strategy officer.
Arlati was an integral member of the teams who managed the 1987 merger of SGS Microelettronica and Thomson Semiconducteurs and later, in 1994, ST’s initial public offering (IPO) on the NYSE and Euronext Paris (formerly known as the Paris Bourse), followed in 1998 by ST’s listing on the Borsa Italiana (Italian Stock Exchange).
Arlati’s career has covered all of the various functions including accounting, business control, finance, consolidation and reporting with increasing responsibilities. He was then promoted to corporate controller and, later, he became CAO and head of external reporting. He also participated in the establishment of the ST Foundation, an independent charitable organisation, serving as a director since its inception.
Arlati graduated in Business and Economics at Universita Cattolica in Milan in 1974 and started his professional career joining SGS-ATES, a predecessor company of STMicroelectronics.
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