STMicroelectronics’ (NYSE: STM) outgoing CEO, Pasquale Pistorio, has been honored with AnalogZONE’s (an online source for electronics design) Green Hero Lifetime Achievement Award for his exceptional dedication to building an environmentally neutral corporation.
The Company also received the “Product of the Year” award from AnalogZONE, for its latest satellite tuner IC. Selected from among the hundreds of products reviewed by the magazine in 2004, the single-chip STB6000 has been credited for dramatically reducing both the cost and complexity of satellite receivers.
AnalogZONE Pasquale Pistorio in recognition of his unswerving commitment to environmental protection throughout his career. The Green Hero Lifetime Achievement Award singles out Pistorio’s unparalleled practices in designing, manufacturing, and distributing the company’s products with the environment in mind. Pistorio’s lifelong emphasis has proven “that ‘green’ can result in major positive impacts on the bottom line of a company.”
“With its unwavering commitment to sustainable development, ST provides excellent proof that those corporations that give special care to their social role and to their behavior as good corporate citizens in the communities where they operate not only fulfill their ethical obligations but also maximize the return to their shareholders. I’m proud that this effort has been recognized as well as our commitment to technology,” said Pasquale Pistorio. “The STB6000 product is an example of our technical leadership in consumer digital, where our investment in R&D and product development has translated into more than 70% market share in set-top-box decoder ICs and broad strength across the board.”
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