Microchip Technology Inc (MIL:1MCHP)

€ 68 0.4 (0.59%) Market Cap: 37.05 Bil Enterprise Value: 42.46 Bil PE Ratio: 29.79 PB Ratio: 6.24 GF Score: 64/100

Microchip Technology Inc Annual Shareholders Meeting Transcript

Aug 20, 2019 / 04:00PM GMT

Transcript

Stephen Sanghi

Microchip Technology Incorporated - CEO & Chairman

Good morning. It's 9 a.m. And the 2019 Annual Meeting of the Stockholders of Microchip Technology Incorporated will please come to order.

I'm Steve Sanghi, CEO and Chairman of the Board of Microchip Technology. I would also like to introduce additional members of the audience. First, I will introduce the other members of the Board of Directors, and they are: Matt Chapman, recently retired CEO of software assessment company, Northwest Evaluation Association; next is L.B. Day, President of L.B. Day & Company; Esther Johnson, retired executive of Carrier Electronics; and Wade Meyercord, President of Meyercord & Associates.

Next, I will introduce the company's executive staff that are in attendance today. Ganesh Moorthy, President and Chief Operating Officer; Eric Bjornholt, who is the Senior Vice President and CFO, is not in attendance today; Steve Drehobl, Senior Vice President of MCU8 Division and Technology Development; Mitchell Little, Senior Vice President of Worldwide Sales and Applications; Rich Simoncic,

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