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Allegro MicroSystems Appoints Mike Doogue as President and Chief Executive Officer

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Allegro MicroSystems (NASDAQ: ALGM) has appointed Mike Doogue as its new President and Chief Executive Officer, succeeding Vineet Nargolwala. Doogue, who will also join the Board, brings 27 years of experience at Allegro, most recently serving as Executive Vice President and Chief Technology Officer (CTO).

In his previous role as CTO, Doogue led technology development and worldwide operations, including manufacturing, procurement, and quality. He also served as Senior Vice President of Technology and Products, overseeing all business units. Notably, Doogue holds 75 semiconductor-related U.S. patents, demonstrating his technical expertise.

The appointment represents the culmination of a long-term succession planning process led by the Board. Lead Independent Director Joseph Martin expressed confidence in Doogue's ability to drive Allegro's growth in auto and industrial markets.

Allegro MicroSystems (NASDAQ: ALGM) ha nominato Mike Doogue come nuovo Presidente e Amministratore Delegato, succedendo a Vineet Nargolwala. Doogue, che entrerà anche a far parte del Consiglio, porta con sé 27 anni di esperienza in Allegro, avendo recentemente ricoperto il ruolo di Vice Presidente Esecutivo e Chief Technology Officer (CTO).

Nella sua precedente posizione di CTO, Doogue ha guidato lo sviluppo tecnologico e le operazioni a livello mondiale, inclusi produzione, approvvigionamento e qualità. Ha anche ricoperto il ruolo di Vice Presidente Senior di Tecnologia e Prodotti, supervisionando tutte le unità aziendali. È degno di nota che Doogue detiene 75 brevetti statunitensi relativi ai semiconduttori, a dimostrazione della sua competenza tecnica.

Questa nomina rappresenta il culmine di un processo di pianificazione della successione a lungo termine guidato dal Consiglio. Il Direttore Indipendente Capo Joseph Martin ha espresso fiducia nella capacità di Doogue di guidare la crescita di Allegro nei mercati automobilistico e industriale.

Allegro MicroSystems (NASDAQ: ALGM) ha nombrado a Mike Doogue como su nuevo Presidente y Director Ejecutivo, sucediendo a Vineet Nargolwala. Doogue, quien también se unirá a la Junta, aporta 27 años de experiencia en Allegro, habiendo ocupado recientemente el cargo de Vicepresidente Ejecutivo y Director de Tecnología (CTO).

En su rol anterior como CTO, Doogue lideró el desarrollo tecnológico y las operaciones globales, incluyendo fabricación, adquisiciones y calidad. También se desempeñó como Vicepresidente Senior de Tecnología y Productos, supervisando todas las unidades de negocio. Cabe destacar que Doogue posee 75 patentes estadounidenses relacionadas con semiconductores, lo que demuestra su experiencia técnica.

El nombramiento representa la culminación de un proceso de planificación de sucesión a largo plazo dirigido por la Junta. El Director Independiente Principal, Joseph Martin, expresó confianza en la capacidad de Doogue para impulsar el crecimiento de Allegro en los mercados automotriz e industrial.

알레그로 마이크로시스템즈 (NASDAQ: ALGM)는 마이크 두그를 새로운 사장 겸 CEO로 임명하며, 빈잇 나르고왈라를 이어받게 되었습니다. 두그는 이사회에도 합류하며, 알레그로에서 27년의 경력을 가지고 있으며, 최근에는 집행 부사장 겸 최고 기술 책임자(CTO)로 재직했습니다.

CTO로서 두그는 기술 개발과 전 세계 운영을 이끌었으며, 여기에는 제조, 조달 및 품질이 포함됩니다. 그는 또한 기술 및 제품의 수석 부사장으로서 모든 사업 부서를 감독했습니다. 특히 두그는 75개의 반도체 관련 미국 특허를 보유하고 있어 그의 기술 전문성을 입증하고 있습니다.

이번 임명은 이사회가 주도한 장기적인 승계 계획 프로세스의 정점을 나타냅니다. 수석 독립 이사인 조셉 마틴은 두그가 자동차 및 산업 시장에서 알레그로의 성장을 이끌 수 있는 능력에 대한 신뢰를 표명했습니다.

Allegro MicroSystems (NASDAQ: ALGM) a nommé Mike Doogue en tant que nouveau Président et Directeur Général, succédant à Vineet Nargolwala. Doogue, qui rejoindra également le Conseil, apporte 27 ans d'expérience chez Allegro, ayant récemment occupé le poste de Vice-Président Exécutif et Directeur Technique (CTO).

Dans son rôle précédent en tant que CTO, Doogue a dirigé le développement technologique et les opérations mondiales, y compris la fabrication, l'approvisionnement et la qualité. Il a également été Vice-Président Senior de la Technologie et des Produits, supervisant toutes les unités commerciales. Notamment, Doogue détient 75 brevets américains liés aux semi-conducteurs, ce qui démontre son expertise technique.

Cette nomination représente l'aboutissement d'un processus de planification de la succession à long terme dirigé par le Conseil. Le Directeur Indépendant Principal, Joseph Martin, a exprimé sa confiance dans la capacité de Doogue à stimuler la croissance d'Allegro sur les marchés automobile et industriel.

Allegro MicroSystems (NASDAQ: ALGM) hat Mike Doogue zum neuen Präsidenten und CEO ernannt, der Vineet Nargolwala nachfolgt. Doogue, der ebenfalls dem Vorstand beitreten wird, bringt 27 Jahre Erfahrung bei Allegro mit, zuletzt als Executive Vice President und Chief Technology Officer (CTO).

In seiner vorherigen Rolle als CTO leitete Doogue die technologische Entwicklung und die weltweiten Operationen, einschließlich Fertigung, Beschaffung und Qualität. Er war auch Senior Vice President für Technologie und Produkte und überwachte alle Geschäftseinheiten. Bemerkenswert ist, dass Doogue 75 US-Patente im Bereich Halbleiter hält, was seine technische Expertise unter Beweis stellt.

Die Ernennung stellt den Höhepunkt eines langfristigen Nachfolgeplanungsprozesses dar, der vom Vorstand geleitet wurde. Der Lead Independent Director Joseph Martin äußerte Vertrauen in Doogues Fähigkeit, das Wachstum von Allegro in den Automobil- und Industriefeldern voranzutreiben.

Positive
  • Internal promotion ensures deep company knowledge and continuity
  • New CEO holds 75 semiconductor-related U.S. patents, showing strong technical expertise
  • Appointment follows structured succession planning process
Negative
  • None.

MANCHESTER, N.H., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM) a global leader in power and sensing semiconductor solutions for motion control and energy-efficient systems, today announced the appointment of Mike Doogue as President and Chief Executive Officer and as a member of the Board.

Mr. Doogue’s ascension to CEO comes after 27 years of rising through the leadership ranks at Allegro, during which time he enabled many of Allegro’s disruptive technologies, originally as an engineer and later as a business leader. Immediately prior to this promotion, Mr. Doogue served as Allegro’s Executive Vice President and its first Chief Technology Officer (CTO), leading technology development and worldwide operations, which includes manufacturing, procurement, and quality. Mr. Doogue also previously served as the Company’s Senior Vice President of Technology and Products, which included direct oversight of each of the Company’s business units. As a testament to his roots as an engineer and technology innovator, Mr. Doogue personally holds 75 semiconductor-related U.S. patents.

“Mike has been instrumental in shaping our strategy, developing our technology roadmap and creating new, innovative products that drive customer value, and we are confident that he is the right person to drive Allegro to the next level,” said Joseph Martin, Lead Independent Director of the Board of Directors. “The leadership transition we are announcing today represents the culmination of a long-term and thoughtful succession planning process led by our Board. Allegro is extending its technology leadership position and is poised to capitalize on the catalysts for growth across the auto and industrial markets. Mike’s deep knowledge of our business, leadership experience, and vision for the future will help drive Allegro’s success.”

Mr. Doogue succeeds Vineet Nargolwala, who is stepping down as President and Chief Executive Officer and as a member of the Board. Mr. Doogue commented, “I am grateful for the opportunity to lead this incredible Company. Throughout my 27 years at Allegro, I have gained a deep appreciation of the quality of talent across the organization and the Company’s unwavering commitment to “innovation with purpose.” I have spent my career shaping our unique value proposition and competitive advantages, creating significant opportunities moving forward. I am very excited to work closely with Allegro’s talented team to continue driving our technology leadership, advancing our innovation efforts, strengthening our relationship with key customers and delivering strong financial performance. I’d also like to personally thank Vineet as a colleague and for his accomplishments during his tenure with the Company.”

Mr. Nargolwala said, “It has been a privilege to serve as Allegro’s CEO for nearly three years, and I am thankful to our dedicated teams around the globe for their support, collaboration and terrific contributions. I have worked closely with Mike, and I am confident that under his leadership, Allegro is well-positioned for the future.”

About Allegro MicroSystems

Allegro MicroSystems, Inc. is leveraging more than three decades of expertise in magnetic sensing and power ICs to propel automotive, clean energy and industrial automation forward with solutions that enhance efficiency, performance and sustainability. Allegro’s commitment to quality drives transformation across industries, reinforcing our status as a pioneer in “automotive grade” technology and a partner in our customers’ success. For additional information, visit www.allegromicro.com.

Contact

Jalene Hoover
VP of Investor Relations & Corporate Communications
jhoover@allegromicro.com


FAQ

Who is the new CEO of Allegro MicroSystems (ALGM)?

Mike Doogue has been appointed as the new President and CEO of Allegro MicroSystems, succeeding Vineet Nargolwala.

What was Mike Doogue's previous position at ALGM before becoming CEO?

Mike Doogue served as Executive Vice President and Chief Technology Officer (CTO), leading technology development and worldwide operations.

How long has Mike Doogue been with Allegro MicroSystems (ALGM)?

Mike Doogue has been with Allegro MicroSystems for 27 years, starting as an engineer and rising through various leadership positions.

How many U.S. patents does ALGM's new CEO Mike Doogue hold?

Mike Doogue personally holds 75 semiconductor-related U.S. patents.

Who did Mike Doogue replace as CEO of ALGM?

Mike Doogue replaced Vineet Nargolwala, who stepped down as President and CEO and as a member of the Board.

Allegro Microsystems, Inc.

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