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Allegro MicroSystems Appoints Rick Madormo as Senior Vice President of Worldwide Sales

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Allegro MicroSystems (ALGM) has appointed Rick Madormo as Senior Vice President of Worldwide Sales, effective March 24, 2025. Madormo will lead Allegro's global sales organization, focusing on revenue growth in automotive and industrial markets. He succeeds Max Glover, who will transition to an advisory role until May 16, 2025.

Madormo brings over 25 years of semiconductor industry sales experience, most recently serving as Senior Vice President of Global Sales and Marketing at Wolfspeed, where he achieved record-setting results and led the company's transformation to Silicon Carbide leadership. His previous roles include Vice President of Americas Sales at Intel and various sales leadership positions at Altera.

CEO Mike Doogue expressed confidence that Madormo's expertise, combined with Allegro's sensing and power technology, will drive the company's growth in e-Mobility and industrial markets.

Allegro MicroSystems (ALGM) ha nominato Rick Madormo come Vice Presidente Senior delle Vendite Mondiali, con effetto dal 24 marzo 2025. Madormo guiderà l'organizzazione vendite globale di Allegro, concentrandosi sulla crescita del fatturato nei mercati automobilistico e industriale. Succede a Max Glover, che passerà a un ruolo consulenziale fino al 16 maggio 2025.

Madormo porta con sé oltre 25 anni di esperienza nelle vendite nell'industria dei semiconduttori, avendo recentemente ricoperto il ruolo di Vice Presidente Senior delle Vendite e Marketing Globali presso Wolfspeed, dove ha raggiunto risultati record e ha guidato la trasformazione dell'azienda verso la leadership nel Carburo di Silicio. I suoi ruoli precedenti includono Vice Presidente delle Vendite per le Americhe presso Intel e varie posizioni di leadership nelle vendite presso Altera.

Il CEO Mike Doogue ha espresso fiducia che l'expertise di Madormo, unita alla tecnologia di rilevamento e potenza di Allegro, guiderà la crescita dell'azienda nei mercati della e-Mobility e industriali.

Allegro MicroSystems (ALGM) ha nombrado a Rick Madormo como Vicepresidente Senior de Ventas Mundiales, con efecto a partir del 24 de marzo de 2025. Madormo liderará la organización de ventas global de Allegro, enfocándose en el crecimiento de ingresos en los mercados automotriz e industrial. Sucede a Max Glover, quien pasará a un rol de asesoría hasta el 16 de mayo de 2025.

Madormo aporta más de 25 años de experiencia en ventas en la industria de semiconductores, habiendo servido más recientemente como Vicepresidente Senior de Ventas y Marketing Global en Wolfspeed, donde logró resultados récord y lideró la transformación de la empresa hacia la liderazgo en Carburo de Silicio. Sus roles anteriores incluyen Vicepresidente de Ventas para las Américas en Intel y varias posiciones de liderazgo en ventas en Altera.

El CEO Mike Doogue expresó su confianza en que la experiencia de Madormo, combinada con la tecnología de detección y potencia de Allegro, impulsará el crecimiento de la empresa en los mercados de e-Mobility e industrial.

Allegro MicroSystems (ALGM)Rick Madormo를 세계 판매 수석 부사장으로 임명한다고 발표했습니다. 이는 2025년 3월 24일부터 효력이 발생합니다. Madormo는 Allegro의 글로벌 판매 조직을 이끌며 자동차 및 산업 시장에서의 수익 성장에 집중할 것입니다. 그는 2025년 5월 16일까지 자문 역할로 전환할 Max Glover를 대신하게 됩니다.

Madormo는 반도체 산업에서 25년 이상의 판매 경험을 보유하고 있으며, 최근에는 Wolfspeed에서 글로벌 판매 및 마케팅 수석 부사장으로 재직하며 기록적인 성과를 달성하고 회사의 실리콘 카바이드 리더십으로의 전환을 이끌었습니다. 그의 이전 역할에는 Intel의 미주 판매 부사장과 Altera에서의 다양한 판매 리더십 직책이 포함됩니다.

CEO Mike Doogue는 Madormo의 전문성과 Allegro의 감지 및 전력 기술이 결합되어 회사의 e-Mobility 및 산업 시장에서의 성장을 이끌 것이라고 확신한다고 밝혔습니다.

Allegro MicroSystems (ALGM) a nommé Rick Madormo au poste de Vice-Président Senior des Ventes Mondiales, effectif à partir du 24 mars 2025. Madormo dirigera l'organisation mondiale des ventes d'Allegro, en se concentrant sur la croissance des revenus dans les marchés automobile et industriel. Il succède à Max Glover, qui passera à un rôle de conseiller jusqu'au 16 mai 2025.

Madormo apporte plus de 25 ans d'expérience dans les ventes de l'industrie des semi-conducteurs, ayant récemment occupé le poste de Vice-Président Senior des Ventes et du Marketing Mondiaux chez Wolfspeed, où il a atteint des résultats record et a dirigé la transformation de l'entreprise vers le leadership en Carbure de Silicium. Ses précédents rôles incluent Vice-Président des Ventes pour les Amériques chez Intel et divers postes de direction commerciale chez Altera.

Le PDG Mike Doogue a exprimé sa confiance dans le fait que l'expertise de Madormo, combinée à la technologie de détection et d'alimentation d'Allegro, stimulera la croissance de l'entreprise sur les marchés de l'e-Mobilité et industriel.

Allegro MicroSystems (ALGM) hat Rick Madormo zum Senior Vice President für weltweite Verkäufe ernannt, wirksam ab dem 24. März 2025. Madormo wird die globale Verkaufsorganisation von Allegro leiten und sich auf das Umsatzwachstum in den Automobil- und Industriebereichen konzentrieren. Er folgt auf Max Glover, der bis zum 16. Mai 2025 in eine beratende Rolle wechseln wird.

Madormo bringt über 25 Jahre Erfahrung im Verkauf der Halbleiterindustrie mit, zuletzt als Senior Vice President für globale Verkäufe und Marketing bei Wolfspeed, wo er rekordverdächtige Ergebnisse erzielte und die Transformation des Unternehmens zur Führung im Siliziumkarbid leitete. Zu seinen früheren Positionen gehören Vice President für Verkäufe in Amerika bei Intel und verschiedene Vertriebsleitungspositionen bei Altera.

CEO Mike Doogue äußerte Vertrauen, dass Madormos Expertise, kombiniert mit Allegros Sensor- und Leistungstechnologie, das Wachstum des Unternehmens in den Bereichen e-Mobility und Industrie vorantreiben wird.

Positive
  • Appointment of experienced semiconductor industry executive with 25+ years of sales expertise
  • New SVP's proven track record of achieving record-setting sales results at Wolfspeed
  • Strategic alignment with company's focus on e-Mobility and industrial markets growth
Negative
  • Departure of current sales leader Max Glover could potentially disrupt existing customer relationships

MANCHESTER, N.H., March 12, 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 Rick Madormo as Senior Vice President of Worldwide Sales, effective March 24, 2025. Rick will be responsible for leading Allegro's global sales organization and driving revenue growth across automotive and industrial end markets, succeeding Max Glover. Max will transition into an advisory role until his departure on May 16, 2025.

"We are thrilled to welcome Rick to Allegro," said Mike Doogue, President and Chief Executive Officer. "His semiconductor industry background aligns perfectly with our strategic focus on driving growth across the e-Mobility and industrial markets. We are confident that his results-driven expertise, coupled with Allegro’s leading sensing and power technology, will be instrumental in driving Allegro's continued success. I would like to thank Max for his many contributions to Allegro, including his role in the strategic expansion of our sales teams to gain access to market leading customers, helping us to achieve record sales.”

"I am incredibly excited to join Allegro and to lead its world-class sales team," said Rick Madormo. "Allegro's differentiated sensing and power technologies are uniquely positioned to address the mega-trends of electrification and automation. I am eager to collaborate with the team to leverage our strengths, drive exceptional customer value and achieve continued sales growth."

Rick Madormo brings more than 25 years of sales experience in the semiconductor industry to Allegro. He most recently served as Senior Vice President of Global Sales and Marketing at Wolfspeed, where he led a global team and oversaw the growth, strategy and operations of the entire sales organization, achieving record-setting results. Rick was instrumental in Wolfspeed’s transformation from an LED lighting company to a leader in Silicon Carbide. Prior to Wolfspeed, Rick served as Vice President of Americas Sales at Intel and held several sales leadership positions during his tenure at Altera. Rick holds a B.S. in electrical engineering technology from The University of Akron.

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 IR & Corporate Communications
Phone: +1 512 751 6526
jhoover@allegromicro.com


FAQ

When will Rick Madormo start as SVP of Worldwide Sales at Allegro MicroSystems (ALGM)?

Rick Madormo will start as Senior Vice President of Worldwide Sales at Allegro MicroSystems on March 24, 2025.

What is Rick Madormo's previous experience before joining ALGM?

He was SVP of Global Sales and Marketing at Wolfspeed, VP of Americas Sales at Intel, and held sales leadership positions at Altera, with over 25 years of semiconductor industry experience.

Who is Rick Madormo replacing at Allegro MicroSystems (ALGM)?

Rick Madormo is replacing Max Glover, who will transition to an advisory role until his departure on May 16, 2025.

What markets will Rick Madormo focus on in his role at ALGM?

He will focus on driving revenue growth across automotive and industrial end markets, particularly in e-Mobility and industrial sectors.
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