Microchip Technology CEO to Retire, Chair Sanghi Named Interim Replacement
Microchip Technology said it named Chair Steve Sanghi as its interim chief executive and president, as Ganesh Moorthy is retiring at the end of the month. The provider of microcontroller, mixed-signal, analog and Flash-IP solutions on Monday said that Sanghi will remain as chair of the board.
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In a report released today, Harsh Kumar from Piper Sandler maintained a Buy rating on Microchip (MCHP – Research Report), with a price target ...
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