Microchip CEO Ganesh Moorthy To Retire, Chairman Steve Sanghi Takes Interim Role

Microchip Technology has announced that Chief Executive Officer (CEO) Ganesh Moorthy will retire at the end of the month. Chairman Steve Sanghi will step in as interim CEO and President while continuing as Chair of the Board.

Moorthy, who has been with the company for 23 years, held key positions including President and Chief Operating Officer (COO) before becoming CEO three years ago. Sanghi praised Moorthy’s significant contributions to the company’s success and emphasised his commitment to navigating current industry challenges while driving growth, profitability, and shareholder value in his interim role.

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