Pasquale Pistorio
President and Chief Executive Officer - STMicroelectronics

President and Chief Executive Officer STMicroelectronics

Pasquale Pistorio graduated in 1963 in Electrical Engineering from the Polytechnic of Turin with a Degree in Electronics. He began his career as a salesman for Motorola products and in 1967 he joined Motorola in Italy, rising through the ranks to become Director of International Marketing in 1977. Based in Phoenix, Arizona, he was appointed Vice President of Motorola Corporation and in 1978, he was promoted to General Manager of Motorola’s International Semiconductor Division, responsible for design, manufacturing and marketing activities for all regions outside of the United States.

In July 1980 Pasquale Pistorio accepted the challenge to return to Italy as President and Chief Executive Officer of the SGS Group, the only Italian microelectronics company.   His unwavering commitment to build the company into a profitable broadline semiconductor manufacturer led to one of Pasquale Pistorio’s most significant achievements to date: the successful integration of SGS with the French semiconductor champion, Thomson Semiconducteurs, in May 1987.  This was a powerful merger, which put the newly formed company, SGS-THOMSON Microelectronics (renamed STMicroelectronics in 1998), in a much better position to compete on the international market.

As President and CEO of the new company, Pasquale Pistorio has been responsible for developing ST’s diverse product portfolio based on high-growth applications, as well as its worldwide network of strategic alliances. This business model has proved so successful that ST is now positioned at the highest level in the worldwide ranking of semiconductor companies.

Given the successful performance of the company, shareholders decided to list ST's shares on the New York Stock Exchange and the Paris Bourse. This 1994 listing was followed by the listing on the Borsa Italiana (Milan Stock Exchange) in 1998.

In the last two decades, Pasquale Pistorio has championed the cause of Europe's microelectronics industry.   His role has not been one of pure theory but has produced concrete and important industrial results. He is currently a Board Member of MEDEA+, the European advanced technology research program that succeeded MEDEA (Microelectronics for European Applications) and JESSI (Joint European Sub-micron Silicon Initiative), which are two pioneering programs that he has strongly promoted.

Throughout his career, Pasquale Pistorio has been a staunch advocate of environmental protection.  He passionately believes that companies such as ST should continually strive to be at the forefront of the sustainable development movement.  This belief is based not only on ethical and social grounds, but also on the more practical need to attract and retain young, talented employees.  It also stems from his firm conviction that environmentally friendly companies are more financially competitive.

As a firm believer in corporate social responsibility, Pasquale Pistorio takes a special interest in the cause of fighting the Digital Divide -- the huge imbalance between those who have access to information technology and benefit from it and those who do not. As a member of the United Nations Information and Communications Task Force dedicated to bridging the Digital Divide, he helps develop proposals to attract corporate attention and commitment to this new worldwide challenge.

Pasquale Pistorio was born in Enna, Italy in 1936. He is married and has three children.

June 2004

 

 

Pasquale Pistorio - Awards and Honors

 

1974 - created “Commendatore al Merito� of the Italian Republic

1990 - created “Chevalier de l'Ordre National du Mérite� by the President of the French Republic

June 1997 - created "Cavaliere del Lavoro" by the President of the Italian Republic

June 1998 - decorated “Ouissam Alaouite� by the Kingdom of Morocco

November 1999 - awarded Public Service Star by the Government of Singapore

December 1999 - received the “Chevalier de la Légion d’Honneur� from the French Republic

December 2000 - received the Akira Inoue Award for Outstanding Achievement in Environmental Health and Safety (EHS) in the Semiconductor Industry

December 2001 - won the 2001 Environmental Leadership Award given annually by Tomorrow, one of the world’s most prestigious publications devoted to business sustainability issues

June 2002 -voted among the top 50 “Stars of Europe� by Business Week magazine

November 2002 – placed at number 1 in the “Top 25 Movers and Shakers� by Time magazine

April 2003 – awarded “Prix du Manager d'Entreprise� in the “Prix des Technologies de l'information", organized by Telecom Paris, a French telecommunications academy

September 2003 – received “Lifetime Achievement Award� from Reed Electronics Group, as part of inaugural European Electronics Industry Awards

October 2003 – awarded “Honorary Citizen of Singapore� by the Government of Singapore

June 2004 – received “IEEE Ernst Weber Engineering Leadership Recognition� for exceptional managerial leadership

In addition, Pasquale Pistorio has received honorary degrees from the University of Genoa, the University of Malta, the University of Pavia, the University of Catania, the University of Palermo and the University of Sannio, Benevento.

 

Pasquale Pistorio – Key Board Memberships

-Conseil Stratégique pour l'attractivité du pays auprès du Premier Ministre français", a group of industry consultants to the French Prime Minister's office to create better conditions for inward investment

-Vice President of Confindustria, the Confederation of Italian Industrialists

-Chairman of European Union’s Technology Platform  (ENIAC)

-Italian Institute of Technology (Iit), Advisory Board

-Government of Singapore’s Internal Advisory Council

-European Round Table (ERT) of Industrialists

-World Business Council for Sustainable Development

-United Nation ICT Task Force

-MEDEA+ Board

-International Business Council of the World Economic Forum

-Conseil Consultatif de la Banque de France

- Conseil Stratégique des Technologies de l’Information