Exhibit 99.1
News Release
Christine Yan Joins the ON Semiconductor Board of Directors
PHOENIX, Ariz., – Oct. 1, 2018 –ON Semiconductor Corporation (Nasdaq:ON), driving energy efficiency innovations, today announced that Christine Yan has joined its Board of Directors. Ms. Yan was elected to this position by ON Semiconductor’s Board of Directors.
“We are pleased to welcome Christine as a new independent director to ON Semiconductor’s board and look forward to her contributions,” said Alan Campbell, chair of the board at ON Semiconductor. “Her unique insights and perspectives, coupled with prior board experience, are a great complement to the skills and qualifications of our existing directors.”
“Christine joins ON Semiconductor’s board at an exciting time for the company as we continue to drive our business and customer relationships in China and the greater Asia Pacific region,” said Keith Jackson, president, chief executive officer and director at ON Semiconductor. “Her engineering background and deep knowledge in doing business in Asia, corporate strategy, and product development will be invaluable to our customers and shareholders. We look forward to working with her on the board as we continue to fulfill our vision to be the trusted supplier of choice for energy efficient innovations in the semiconductor industry.”
Ms. Yan has served as Vice President of Integration at Stanley Black & Decker (NYSE: SWK) since January 2018, leading the company’s successful acquisition of Nelson Fastener Systems. Prior to this role, Ms. Yan has recently served as President – Asia for Stanley Black & Decker based in Shanghai, China and President – Stanley Storage and Workspace Systems. Ms. Yan started her career at Black & Decker as an engineering intern in 1989 and progressed to be the first female business unit president for the company in 2006 when she became President of Global Automotive for the Engineered Fastening Business. Ms. Yan also serves as a director of Modine Manufacturing Company (NYSE: MOD).
Ms. Yan holds a Bachelor of Science degree from Shandong University in Shandong, China, a Master of Science in Mechanical Engineering degree from Wayne State University in Detroit, Michigan, and a Master of Business Administration degree from the University of Michigan’s Ross School of Business in Ann Arbor, Michigan.
