Allegro MicroSystems, Inc. announced that Paul Walsh, current Chief Financial Officer (CFO), will be retiring. He will be succeeded by Derek D'Antilio, who was selected after an extensive search and will be joining the Allegro management team effective January 10, 2022. Mr. Walsh will remain in an advisory capacity until February 4, 2022, to ensure a smooth and orderly transition of responsibilities.

Prior to joining Allegro, Mr. D'Antilio most recently served as the Chief Financial Officer of a Summit Partners Portfolio Company and helped lead the recent sale and recapitalization of the company.