Jonathan Vanian / CNBC:

NXP says CEO Kurt Sievers will retire at 2025's end, names Rafael Sotomayor as president, reports Q1 revenue down 9% YoY to $2.84B; NXPI drops 7%+ after hours  —  NXP Semiconductor Inc. fell about 8% on Monday after the chip company announced that CEO Kurt Sievers will step down as part of its latest earnings.

Jonathan Vanian / CNBC:

NXP says CEO Kurt Sievers will retire at 2025's end, names Rafael Sotomayor as president, reports Q1 revenue down 9% YoY to $2.84B; NXPI drops 7%+ after hours  —  NXP Semiconductor Inc. fell about 8% on Monday after the chip company announced that CEO Kurt Sievers will step down as part of its latest earnings.

Source: TechMeme
Source Link: http://www.techmeme.com/250428/p23#a250428p23