Scheper stands down as CEO of Nexperia
Nexperia CEO Frans Scheper is taking early treatment just three months after China-based Wingtech took a controlling stake in the company.
Scheper (pictured) will continue to serve as an advisor to the Chairman for a period of time to help achieve a smooth transition and provide continuity.
Said Scheper, “I am proud of what Nexperia has become and will miss the team. At the same time, I have decided not to seek a prolongation of my four-year tenure. Now is the time for Wingtech to decide on Nexperia’s future leadership.”
Xuezheng Zhang (Wing) indicates: “Frans has been key to the success of Nexperia. On behalf of the Board I want to thank him for what he has been for the Company. I am determined to work closely with the Executive Management Team. And I am happy Frans will help me in the next months as Special Advisor.”
During his leadership the discretes, logic and MOSFETs supplier became an independent company and achieved a record high turnover and profitability.
In December 2019, Wingtech completed the acquisition of 79.98% of Nexperia with 26.854 billion CNY - the largest semiconductor acquisition in China's history and the first time for a Chinese company to acquire a world-leading semiconductor company.