Allegro MicroSystems Promotes Mike Doogue To Succeed Vineet Nargolwala As President And CEO

(RTTNews) - Allegro MicroSystems, Inc. (ALGM) a global leader in power and sensing semiconductor solutions for motion control and energy-efficient systems, announced Monday the appointment of Mike Doogue as President and Chief Executive Officer and as a member of the Board.

Doogue succeeds Vineet Nargolwala, who is stepping down as President and Chief Executive Officer and as a member of the Board.

Doogue's ascension to CEO comes after 27 years of rising through the leadership ranks at Allegro, during which time he enabled many of Allegro's disruptive technologies, originally as an engineer and later as a business leader.

Immediately prior to this promotion, Doogue served as Allegro's Executive Vice President and its first Chief Technology Officer (CTO), leading technology development and worldwide operations, which includes manufacturing, procurement, and quality.

Doogue also previously served as the Company's Senior Vice President of Technology and Products, which included direct oversight of each of the Company's business units. He personally holds 75 semiconductor-related U.S. patents.