- Rick Cassidy, a seasoned executive from TSMC, appointed to Microchip Technology's (MCHP, Financial) Board of Directors.
- Cassidy brings nearly three decades of semiconductor industry experience, enhancing Microchip's strategic leadership.
- The appointment aims to strengthen Microchip's ties with key manufacturing partner TSMC and drive strategic growth.
Microchip Technology (MCHP) has announced the appointment of Rick Cassidy to its Board of Directors, effective May 2, 2025. As the Senior Vice President of Corporate Strategy Development at TSMC and Chairman of TSMC Arizona, Cassidy brings nearly 30 years of extensive experience in the semiconductor industry to the table. His career highlights include serving as the President and CEO of TSMC North America and the founding President and CEO of TSMC Arizona.
Microchip's President and CEO, Steve Sanghi, expressed enthusiasm about the new appointment, highlighting Cassidy's instrumental role in shaping TSMC's corporate strategy and his leadership in the fabless semiconductor model. "Rick’s extensive background brings invaluable expertise in strategy, customer trust, and industry leadership. We are confident that Rick will be a tremendous asset to Microchip, and we look forward to his contributions to our continued success," Sanghi stated.
Rick Cassidy commented on his new role, saying, "I am honored to join Microchip's Board of Directors and look forward to contributing to its ongoing achievements. Microchip's dedication to innovation and customer satisfaction aligns with my values, and I am excited to help drive strategic growth and further strengthen its position in the semiconductor industry."
Microchip Technology, headquartered in Chandler, Arizona, is a leading provider of smart, connected, and secure embedded control solutions, serving approximately 112,000 customers across various sectors, including industrial, automotive, and consumer markets. For more information, visit their website at www.microchip.com.
