Kurt Seivers (pictured) is to take over as NXP’s CEO from Rick Clemmer.

Clemmer has been CEO since 2009 when he took over from Frans van Houten now CEO of Philips.

In 2006, a private equity consortium led by KKR had bought NXP and Clemmer dealt with the aftermath of that transaction IPO-ing the company in  2010 and merging it with Freescale in 2015.

Later the same year, a merger deal with Qualcomm was negotiated but eventually fell through when the China government declined to give regulatory approval.

Since September, 2018 Sievers has been the President of NXP, with direct oversight and management of all NXP’s business lines.

Sievers joined NXP in 1995, and rapidly moved through a series of Marketing & Sales, Product Definition & Development, Strategy and General Management leadership positions across a broad number of market segments.

He has been a member of the executive management team since 2009, where he has been instrumental in the definition and implementation of the NXP High-Performance Mixed Signal strategy

In 2015, Sievers was influential in the merger of NXP and Freescale Semiconductors, which resulted in creating one of the leading semiconductor companies, and the clear leader in Automotive semiconductors.

“The opportunity that lies ahead for NXP is significant, and the ability to lead the organization into its next chapter is deeply humbling and incredibly exciting,” said Sievers, “over the past decade, I have had the great pleasure and honor to work alongside Rick. He has been both an inspiring leader and a mentor in my career evolution. At the beginning of NXP as an independent company, Rick and the Management Team set in motion NXP’s strategy to develop and profitably grow market leading and highly differentiated businesses.”

”Since the merger with Freescale we’ve been able to expand our footprint towards truly innovative solutions in The Internet of Things and Automotive,” added Seivers, “we leverage our focus on safe and secure edge computing along with connectivity and efficient power management. We have made great strides in our execution and I will stay true to this successful and winning strategy. As an organization, we will continue to passionately focus on our customers’ success based on trusted partnerships. We will foster a culture of innovation, collaboration and personal accountability that will result in highly engaged teams delivering profitable growth.”

‘I am extremely proud of what we have been able to accomplish at NXP over the past 11 years while I had the privilege of leading this great company and look forward to continuing to serve as a strategic advisor,”  said Clemmer.