Renesas Electronics Corporation announced a new sales organizational structure and executive leadership team appointments to execute on its strategy and growth ambitions. The changes are designed to bolster Renesas' leadership in embedded semiconductor solutions and serve as a solid foundation for future growth. The new executive team roles and the new organization will take effect January 1, 2023.

Integration of Sales and Marketing functions and appointment of Chris Allexandre as Chief Sales & Marketing Officer The new Global Sales & Marketing Unit will provide a stronger and simpler operational backbone. This brings more value by accelerating cross-BU collaboration and contribution. It also allows Renesas to capitalize on the scale advantages by fostering cross selling opportunities and broader customer coverage.

Effective January 1, 2023, Chris Allexandre, currently Senior Vice President and Head of Sales and Corporate Digital Marketing of IIBU, will become the company's CSMO and Head of the new Global Sales & Marketing Unit. Since joining Renesas from IDT in 2019, Chris has been instrumental in accelerating revenue growth of Renesas' IoT and Infrastructure business. He was successful in expanding Renesas presence in new geographies, introducing winning combination solution offerings, and overhauling the sales and distribution channels.

Vivek Bhan has been appointed Co-General Manager of the Automotive Solution Business Unit (ABU), effective January 1, 2023. Vivek currently serves as Senior Vice President and Deputy General Manager of ABU, responsible for Renesas' automotive analog and power (A&P) product business. Vivek joined Renesas' leadership team as Senior Vice President on August 31, 2021, following the completion of the Dialog acquisition.

Vivek has a wealth of product and engineering leadership experience in the semiconductor industry. In his new role, Vivek will expand his responsibility to lead both automotive digital and A&P products. Vivek will also be responsible for formulating ABU's mid-to-long term strategy, product roadmap and product execution and will be accountable for the ABU P&L and revenue growth.

Following this change, Takeshi Kataoka, currently Senior Vice President and General Manager of ABU, will be leading the day-to-day management and operations of the automotive solutions business as Co-General Manager of ABU, alongside Vivek. This includes ensuring smooth and cost-effective manufacturing and supply chain management. These changes to the automotive leadership team are designed to fully unlock the potential of the Renesas' core automotive business by further increasing focus, agility and accountability.