NXP Reorganizes Leadership Team to Support Profitable Growth

NXP Semiconductors N.V. announced changes to the senior leadership team designed to better align with the company’s renewed focus and growth strategy.
 
Effective immediately, Kurt Sievers, EVP and GM of NXP’s automotive business, has been promoted to president of NXP Semiconductors. Under the new structure, Sievers will oversee all of NXP’s business lines.
 
“This new structure follows the natural evolution of our strategy, as we strengthen our focus on secure connected devices through the automotive and industrial and IoT businesses while also participating in the mobile and communications infrastructure markets,” said Rick Clemmer, CEO of NXP. “By simplifying our organization, we will be better able to fully leverage our scale, facilitate cross-company collaboration and reduce overhead, all of which will help us unlock the full profitable growth potential of our business.
 
“Kurt is an exceptional leader who inspires others to reach their full potential working across organization boundaries and delivers great results,” said Clemmer. “Under his guidance, our automotive business has grown to be the #1 semiconductor supplier to that industry, architecting the most complete solution portfolio and establishing the deepest strategic partnerships across the autonomous driving and safer driving mobility ecosystem. By continuously raising the bar, Kurt has helped us to evolve from product leadership positions to be a recognized thought leader.”
 
Ruediger (Rudy) Stroh has decided to pursue his next chapter outside the company, effective Sept. 30, 2018, after a nine-year career during which he served as EVP and GM of NXP’s security & connectivity business.
 
“On behalf NXP’s board of directors, I want to thank Rudy for the passion, energy and vision he brought to the company, and wish him all the best in the future,” said Clemmer, chief executive officer of NXP Semiconductors. “Under his talented leadership, NXP brought mobile wallets into the hands of billions of consumers, created security solutions for billions of payment and identity credentials and developed the broadest portfolio of fit-for-purpose IoT & security solutions that pave the way for revolutionary machine learning inferencing in edge computing.”
 
Jennifer Wuamett, deputy general counsel and chief IP officer, will succeed Guido Dierick as EVP and general counsel of NXP Semiconductors, effective immediately. Dierick retires as general counsel but remains country manager of NXP Semiconductors Netherlands.
 
“Jennifer’s unique mix of understanding technology and expertise in intellectual property, corporate governance and legal matters make her ideally suited to lead NXP’s legal & IP teams, as she did for Freescale Semiconductor,” said Rick Clemmer.
 
Dierick retires from his general counsel position after a 36-year career in the electronics industry.
 
“Guido’s achievements are too many to recount and he has been my trusted partner throughout NXP’s history,” said Clemmer.