By Reuters | Updated: April 11, 2025
PARIS, April 10 (Reuters) – French Industry Minister Marc Ferracci said on Thursday he supported STMicroelectronics (STMPA.PA), opens new tab CEO Jean-Marc Chery amid allegations of insider trading by two members of its managing board.
“I would like to offer my full support to Jean-Marc Chéry after the recent tensions within the STMicroelectronics Supervisory Board and the announcement of the reorganization plan,” Ferracci wrote in a post on social media platform X.
Reporting by Makini Brice; Editing by Chris Reese
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