Allegro MicroSystems Appoints Mike Doogue as President and CEO

By Bobby Samwell • Monday, February 24 15:19 • Permanent Link

Allegro MicroSystems, Inc. has announced the appointment of Mike Doogue as the new President and Chief Executive Officer and as a member of the Board. Doogue, who previously served as the Executive Vice President and Chief Technology Officer, brings 27 years of experience at Allegro, during which time he enabled disruptive technologies and holds 75 semiconductor-related U.S. patents.

The leadership transition follows the departure of Vineet Nargolwala, who stepped down as President and CEO and as a member of the Board. Doogue expressed his gratitude for the opportunity and emphasized his commitment to driving Allegro's technology leadership, innovation efforts, customer relationships, and financial performance.

Allegro MicroSystems, Inc. leverages expertise in magnetic sensing and power ICs to enhance efficiency, performance, and sustainability in automotive, clean energy, and industrial automation. The company is known for "automotive grade" technology and aims to drive transformation across industries.

Allegro's commitment to quality and its focus on innovation and customer value are key aspects highlighted in the press release. Today the company's shares have moved -4.3% to a price of $25.46. For more information, read the company's full 8-K submission here.

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