Published by Global Banking and Finance Review
Posted on January 8, 2026

Published by Global Banking and Finance Review
Posted on January 8, 2026

Jan 8 (Reuters) - Semiconductor wafer maker Soitec has appointed Laurent Remont as its new chief executive officer, to replace Pierre Barnabe from April, the French company said on Thursday.
Shares of Soitec were up 4.1% at 0811 GMT, at the top of the SBF 120 index of Paris' most traded equities.
Remont, 54, is currently the senior vice president of Germany's largest chipmaker Infineon and has previously worked at Kontron and STMicroelectronics.
"We were particularly impressed by his innovative mindset, his strategic vision and his proven ability to design and deploy transformative roadmaps," Frederic Lissalde, chairman of Soitec's board of directors, said in a statement.
The wafer maker is grappling with weakness across its main markets of mobile, automotive and industrial, and smart devices, which has led its share price to collapse more than 80% since Barnabe became CEO on July 26, 2022.
In October, Soitec said Barnabe would leave the company for personal reasons.
(Reporting by Nathan Vifflin in Gdansk, editing by Milla Nissi-Prussak)
Corporate governance refers to the systems, principles, and processes by which a company is directed and controlled. It encompasses the relationships among the company's management, board of directors, shareholders, and other stakeholders.
A share price is the amount of money that a buyer is willing to pay for a share of stock in a company. It reflects the company's market value and can fluctuate based on supply and demand.
An executive appointment is the process of selecting an individual for a high-level position within a company, such as a CEO or other executive roles, often involving a formal announcement and transition period.
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