New CEO at Nexperia

Author: EIS Release Date: Apr 2, 2020


Frans Scheper (pictured), CEO of Nexperia, the former standard products division of NXP is to hand over to  Xuezheng Zhang, Nexperia’s chairman.

Scheper will continue to serve as an advisor to the Chairman for a period of time to help achieve a smooth transition and provide continuity.

The Board of Nexperia wishes to express its profound gratitude and respect for the achievements of Frans Scheper as CEO of Nexperia (and previously in his role as General Manager of BU Standard Products at NXP Semiconductors).

During his leadership the company became an independent world-class leader in its markets and achieved a record high turnover and profitability.

 
“I am proud of what Nexperia has become and will miss the team,” says Scheper, “at the same time, I have decided not to seek a prolongation of my four-year tenure. Now is the time for Wingtech to decide on Nexperia’s future leadership.”
 
“Frans has been key to the success of Nexperia,” says Zhang, “on behalf of the Board I want to thank him for what he has been for the Company. I am determined to work closely with the Executive Management Team. And I am happy Frans will help me in the next months as Special Advisor.”

In December 2019, Wingtech completed the acquisition of 79.98% of Nexperia with 26.854 billion CNY – the largest semiconductor acquisition in China’s history and the first time for a Chinese company to acquire a world-leading semiconductor company.