
NXP

NXP’s Kurt Sievers Steps Down: Presidential Role Handed Over Ahead of Retirement
April 29, 2025 – Dutch semiconductor giant NXP Semiconductors revealed in its first-quarter earnings announcement yesterday (local time) that its Chief Executive Officer and then-President Kurt Sievers intends to retire from the company by the end of this year. The decision, which was unanimously endorsed by NXP’s board of directors, has already seen Sievers step…