Management ChangeJun 24, 2026, 09:06 AM
NXP Semiconductors Announces Investor Relations Leadership Change
AI Summary
NXP Semiconductors N.V. announced the retirement of Jeff Palmer, Senior Vice President of Investor Relations, after 16 years of service. Mike Lucarelli has been appointed as his successor, reporting to CFO Bill Betz. Lucarelli brings extensive industry experience from Uber and Analog Devices, and will formally step into the role during the third quarter 2026 earnings cycle, with Palmer advising through early 2027.
Key Highlights
- Jeff Palmer, Senior Vice President of Investor Relations, is retiring after 16 years with NXP.
- Mike Lucarelli will succeed Jeff Palmer as Senior Vice President of Investor Relations.
- Mike Lucarelli will report to Chief Financial Officer Bill Betz.
- Lucarelli previously served as Global Head of FP&A and Corporate Finance at Uber.
- He also spent a decade at Analog Devices, including as Head of Investor Relations.
- Lucarelli will formally assume the role during the third quarter 2026 earnings cycle.
- Palmer will continue as an advisor through the fourth quarter 2026 earnings cycle in early 2027.
Price Impact
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