Allegro MicroSystems Appoints Rick Madormo as Senior Vice President of Worldwide Sales
12 Março 2025 - 10:00AM
Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global
leader in power and sensing semiconductor solutions for motion
control and energy-efficient systems, today announced the
appointment of Rick Madormo as Senior Vice President of Worldwide
Sales, effective March 24, 2025. Rick will be responsible for
leading Allegro's global sales organization and driving revenue
growth across automotive and industrial end markets, succeeding Max
Glover. Max will transition into an advisory role until his
departure on May 16, 2025.
"We are thrilled to welcome Rick to Allegro," said Mike Doogue,
President and Chief Executive Officer. "His semiconductor industry
background aligns perfectly with our strategic focus on driving
growth across the e-Mobility and industrial markets. We are
confident that his results-driven expertise, coupled with Allegro’s
leading sensing and power technology, will be instrumental in
driving Allegro's continued success. I would like to thank Max for
his many contributions to Allegro, including his role in the
strategic expansion of our sales teams to gain access to market
leading customers, helping us to achieve record sales.”
"I am incredibly excited to join Allegro and to lead its
world-class sales team," said Rick Madormo. "Allegro's
differentiated sensing and power technologies are uniquely
positioned to address the mega-trends of electrification and
automation. I am eager to collaborate with the team to leverage our
strengths, drive exceptional customer value and achieve continued
sales growth."
Rick Madormo brings more than 25 years of sales experience in
the semiconductor industry to Allegro. He most recently served as
Senior Vice President of Global Sales and Marketing at Wolfspeed,
where he led a global team and oversaw the growth, strategy and
operations of the entire sales organization, achieving
record-setting results. Rick was instrumental in Wolfspeed’s
transformation from an LED lighting company to a leader in Silicon
Carbide. Prior to Wolfspeed, Rick served as Vice President of
Americas Sales at Intel and held several sales leadership positions
during his tenure at Altera. Rick holds a B.S. in electrical
engineering technology from The University of Akron.
About Allegro MicroSystems
Allegro MicroSystems, Inc. is leveraging more than three decades
of expertise in magnetic sensing and power ICs to propel
automotive, clean energy and industrial automation forward with
solutions that enhance efficiency, performance and sustainability.
Allegro’s commitment to quality drives transformation across
industries, reinforcing our status as a pioneer in “automotive
grade” technology and a partner in our customers’ success. For
additional information, visit www.allegromicro.com.
Contact: Jalene HooverVP of IR & Corporate
CommunicationsPhone: +1 512 751 6526jhoover@allegromicro.com
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