SEMI announces retirement of president and CEO

SEMI today announced the retirement of Dennis (Denny) McGuirk, SEMI’s president and CEO. McGuirk has served on the board of directors and has led SEMI, the global industry association representing more than 2,000 companies in the electronics manufacturing supply chain, since November 2011. McGuirk will continue to lead SEMI in his current capacity until a successor is appointed.

While at SEMI, McGuirk has had responsibility for driving member satisfaction through SEMI’s global operations – anchored by eight international SEMICON expositions – and SEMI products and services including: Standards, market intelligence, business and technical programs, and industry advocacy. Over the past five years, the electronics manufacturing supply chain has undergone major changes as digital mobility, industry consolidation, and regional investment shifts have reshaped the industry. During this period, McGuirk provided stewardship and new direction to SEMI’s operations, expositions, communities, and partnerships.

“Upon joining, Denny realigned SEMI’s operations to be financially sustainable,” said Y.H. Lee, chairman of SEMI’s board of directors. “Denny has been a consistent and hospitable SEMI ambassador at our SEMICON tradeshows around the globe. We thank Denny for his service and many contributions and wish him well in his retirement.”

“After five years at SEMI, the time is right for me to retire. I am grateful to have worked with SEMI’s exceptional members and outstanding employees – the semiconductor industry is one of the most innovative and fast-paced industries in the world, where only the truly excellent thrive. It’s been great to lead a truly global association such as SEMI with achievements at both regional and international levels. I’m committed to ensure a smooth transition to my successor for the continued success of SEMI.”

A leading executive search firm has been engaged to assist in identifying and evaluating candidates, who can assume the responsibility to continue to focus on the growth and prosperity of SEMI members and drive SEMI’s 2020 vision.

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