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Pasquale Pistorio has served on our Board of Directors since May 31, 2005 and is currently the Honorary Chairman of STMicroelectronics (ST). Mr. Pistorio brings to Chartered more than 38 years of industry leadership experience. Mr. Pistorio is known for his business acumen; his contributions to Europe's microelectronics industry; and his strong advocacy of environmental protection and corporate social responsibility. Among his numerous accolades, Mr. Pistorio received the "Lifetime Achievement Award" from Reed Electronics Group in 2003; was named first place in the "Top 25 Movers and Shakers" ranking by Time magazine in 2002, and was voted among the top 50 "Stars of Europe" by Business Week magazine. Mr. Pistorio's greatest achievement was the integration of SGS Group with Thomson Semiconducteurs in 1987 to form SGS-THOMSON Microelectronics, which was renamed STMicroelectronics in 1998. Mr. Pistorio served as ST's president and CEO from 1998 until his retirement in March 2005, during which the company grew to become one of the world's top semiconductor companies. Mr. Pistorio holds a degree in electronics from the Polytechnic of Turin, Italy. | 