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    Home > Finance > French industry minister says he supports STMicroelectronics CEO Chery
    Finance

    French industry minister says he supports STMicroelectronics CEO Chery

    Published by Global Banking & Finance Review®

    Posted on April 10, 2025

    1 min read

    Last updated: January 24, 2026

    French industry minister says he supports STMicroelectronics CEO Chery - Finance news and analysis from Global Banking & Finance Review
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    Quick Summary

    French Industry Minister Marc Ferracci supports STMicroelectronics CEO Jean-Marc Chery amid insider trading allegations and board tensions.

    French Minister Backs STMicroelectronics CEO Amid Allegations

    PARIS (Reuters) - French Industry Minister Marc Ferracci said on Thursday he supported STMicroelectronics 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)

    Key Takeaways

    • •French Industry Minister supports STMicroelectronics CEO.
    • •CEO Jean-Marc Chery faces insider trading allegations.
    • •Tensions exist within the STMicroelectronics Supervisory Board.
    • •A reorganization plan has been announced.
    • •Minister's support was shared on social media platform X.

    Frequently Asked Questions about French industry minister says he supports STMicroelectronics CEO Chery

    1What is the main topic?

    The main topic is the support of STMicroelectronics CEO Jean-Marc Chery by French Industry Minister amid insider trading allegations.

    2Who is Jean-Marc Chery?

    Jean-Marc Chery is the CEO of STMicroelectronics, a semiconductor company, currently facing insider trading allegations.

    3What did Marc Ferracci announce?

    Marc Ferracci announced his support for Jean-Marc Chery on social media amid recent board tensions and a reorganization plan.

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