RTTNews | Sep 4, 2020 09:16AM EDT

09:15 Friday, September 4, 2020 (RTTNews.com) - ON Semiconductor Corp. (ON) announced that Keith Jackson, President and Chief Executive Officer, intends to retire from the company in May 2021. He also does not anticipate standing for re-election at the 2021 Annual Meeting of Stockholders. Jackson joined the company as President and Chief Executive Officer in 2002.

ON Semiconductor said its Board of Directors is initiating a comprehensive search to identify the next CEO and will engage an executive search firm to support the search. The Board of Directors will consider both internal and external candidates.

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