On January 19th, 2022, Soitec's Board of Directors announced that Pierre Barnabé will succeed Paul Boudre as Group CEO at the close of the July 2022 shareholders' meeting. Pierre Barnabé will join the company on May 1st, 2022 to work closely with Paul Boudre on an effective leadership transition. The Board will also propose the nomination of Pierre Barnabé as a Director at the ordinary shareholders' meeting scheduled for July 26th, 2022.