Renesas Electronics Corporation (TSE: 6723), a premier supplier of advanced semiconductor solutions, today announced a series of leadership changes as part of its ongoing efforts to evolve its global operations and drive strategic execution toward achieving its 2035 Aspiration. Following these changes, Gaurang Shah, Peter Jenkins, Stephen Limoges, Ivo Marocco and Balaji Kanigicherla will join Renesas’ Enterprise Leadership Team and will report directly to Hidetoshi Shibata, CEO of Renesas.

1. Gaurang Shah appointed Vice President and General Manager of Embedded Processing

Effective January 1, 2026, Gaurang Shah has been appointed Vice President and General Manager of Embedded Processing, succeeding Davin Lee, Senior Vice President and General Manager of Analog & Connectivity and Embedded Processing.

In conjunction with this leadership change, Renesas’ Connectivity Solutions team will transition from the Analog & Connectivity Product Group to the Embedded Processing Product Group and will report to Shah. This integration reflects Renesas’ commitment to delivering more cohesive embedded processing and connectivity offerings for its customers.

Shah, who most recently served as Vice President and Chief of Staff of the Power Product Group, will oversee the strategic direction for Renesas’ standard catalog of embedded processing and connectivity products, driving enhanced solutions and faster, more efficient execution.

2. Peter Jenkins appointed Vice President and General Manager of Analog & Mixed Signal

Following the transfer of the Connectivity Solutions team, the Analog & Connectivity Product Group will be renamed the Analog & Mixed Signal Product Group.

Concurrently, Peter Jenkins, currently Vice President of Standard Products of the Analog & Connectivity Product Group, will assume the role of Vice President and General Manager of Analog & Mixed Signal, effective January 1, 2026.

With a strong background in analog and mixed-signal technologies, Jenkins will lead efforts to deliver scalable, high-performance solutions that meet the evolving needs of global markets.

Jenkins succeeds Davin Lee, who will step down from his role as Senior Vice President on December 31, 2025. Lee joined Renesas through the Dialog acquisition in 2021 and has since contributed to the Analog & Connectivity business with his deep industry experience and commitment to customer partnerships. Earlier this year, through his leadership across two product groups, he helped establish the groundwork for the continued advancement of both Analog & Connectivity and Embedded Processing businesses.

3. Stephen Limoges appointed Vice President and Chief Sales Officer (CSO)

Effective January 1, 2026, Stephen Limoges has been appointed Vice President and CSO.

Limoges, who most recently served as Vice President of Centralized Sales, Global Strategy and Execution, will take on an expanded role overseeing Renesas’ global sales organization. Limoges will focus on revenue growth through enhanced customer engagement and market expansion, aligned with the company’s go-to-market strategy. He will also drive growth by promoting Renesas’ Digitalization initiatives and capturing emerging opportunities in AI.

Limoges succeeds Yuya Hasegawa, who will step down from his role as Senior Vice President and CSO on December 31, 2025. Since joining in 2020 as VP of Japan Sales, Hasegawa expanded his scope to Global Regional Sales, contributing to the expansion of Renesas’ global presence and execution of its go-to-market strategy.

4. Ivo Marocco appointed Vice President and Head of UX

The Strategic Initiatives & UX Group will refocus its efforts on UX and will be renamed the UX Group.

Concurrently, Ivo Marocco, currently Vice President of Solutions of the Strategic Initiatives and UX Group, will assume expanded responsibilities as Vice President and Head of UX, effective January 1, 2026.

Marocco will strengthen Renesas’ ability to engage with customers early, facilitate the adoption of multiple technologies, strengthen Renesas’ product roadmap and drive revenue through high-impact solutions.

He succeeds Julie Pope, Senior Vice President and Head of Strategic Initiatives and UX, who will step down from her role effective December 31, 2025. Prior to leading Strategic Initiatives and UX, Pope served as Chief Human Resources Officer, where she reorganized the HR and General Affairs structure, established a foundation for globalizing systems and programs, and led the company’s cultural transformation.

5. Additional leadership transition

Shinichi Yoshioka, Vice President of Engineering and Co-Chief Technology Officer (CTO), will leave the company at the end of December 2025. Additionally, Balaji Kanigicherla will assume full responsibility as Vice President, Head of Engineering and CTO, effective January 1, 2026, and will join the Enterprise Leadership Team.

Over his nearly 40-year tenure, Yoshioka has provided leadership across the automotive and mobile business units as well as the engineering organization. His deep technological expertise and industry insight have been instrumental in advancing Renesas’ innovations and global competitiveness.

Davin Lee, Yuya Hasegawa, and Julie Pope will remain at the company for a defined period to support the transition, working closely with the newly appointed leaders. Renesas greatly appreciates Davin Lee, Yuya Hasegawa, Julie Pope and Shinichi Yoshioka’s dedicated service and leadership during a period of transformation, helping the company advance as a global player in the semiconductor industry.

See the attachment for the biography of the newly appointed enterprise leadership members.

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723) empowers a safer, smarter and more sustainable future where technology helps make our lives easier. A leading global provider of microcontrollers, Renesas combines our expertise in embedded processing, analog, power and connectivity to deliver complete semiconductor solutions. These Winning Combinations accelerate time to market for automotive, industrial, infrastructure and IoT applications, enabling billions of connected, intelligent devices that enhance the way people work and live. Learn more at renesas.com. Follow us on LinkedIn, Facebook, X, YouTube and Instagram.

Biography of the Newly Appointed Enterprise Leadership Members

Gaurang Shah

Gaurang Shah currently serves as Vice President and Chief of Staff of the Power Product Group at Renesas Electronics Corporation. He brings over 30 years of experience in analog, power, and mixed-signal technologies, spanning product design, engineering, and executive management.

Prior to joining Renesas in 2024, Shah held senior leadership roles at Infineon Technologies as Senior Vice President of R&D and at GaN Systems as Chief Product Officer, where he led global product strategy and execution.

Earlier in his career, he co-founded Nebula Microsystems and served as its CEO, delivering high-performance power products across diverse markets. He also held an executive role at Fairchild Semiconductor, where he led the power IC business and drove strategic growth initiatives to strengthen market leadership.

Shah began his career as an analog design engineer at Sun Microsystems, Cypress Semiconductor and Maxim Integrated, later spending a decade at Texas Instruments, where he led the Battery Management and Audio and Imaging business units. At Texas Instruments, he played a pivotal role in establishing the company’s wide-bandgap high-voltage power (GaN) business.

Shah holds a Master’s degree in Electrical Engineering from Cornell University and a Bachelor’s degree in Electrical Engineering from Michigan Technological University.

Peter Jenkins

Peter Jenkins currently serves as Vice President of the Standard Products Division within the Analog & Connectivity Product Group at Renesas Electronics Corporation.

He joined Renesas in 2019 through the acquisition of Integrated Device Technology (IDT) as Director of Applications Engineering for the Timing Division within the current Analog & Connectivity Product Group and has since played a key role in leading product development, applications engineering, and customer engagement for the company’s standard products portfolio.

With more than 20 years of semiconductor industry experience, Jenkins has held multiple leadership roles in engineering and marketing at IDT and Integrated Circuit Systems, focusing on analog and mixed-signal technologies for communications and industrial applications.

His earlier experience includes product development and applications engineering, which provided a strong technical foundation and customer-focused leadership.

Jenkins holds a Master of Science degree in Electrical Engineering from Arizona State University and a Bachelor of Science degree in Electrical Engineering from Kettering University.

Stephen Limoges

Stephen Limoges currently serves as Vice President of Centralized Sales, Global Strategy and Execution of the Sales Group at Renesas Electronics Corporation. In this role, he leads the development and implementation of global sales strategies, aligning regional operations to drive consistent customer engagement and business growth across Renesas’ worldwide markets.

He joined Renesas in 2019 through the acquisition of Integrated Device Technology (IDT), where he held key leadership roles in sales and marketing strategy.

Prior to IDT, Limoges spent more than a decade at Texas Instruments, leading marketing and field applications initiatives teams across the automotive and industrial sectors, helping expand its presence in these high-growth markets.

He began his career as a hardware design engineer at Xcerra, where he built a strong technical foundation that continues to guide his customer- and solution-oriented leadership approach.

Limoges holds a Bachelor of Science degree in Electrical Engineering from Northeastern University.

Ivo Marocco

Ivo Marocco currently serves as Vice President of Solutions within the Strategic Initiatives & UX Group at Renesas Electronics Corporation. Prior to this role, he led the Worldwide Business Development, Systems and Solution Marketing team for the Power Product Group.

He joined Renesas in 2022 as Vice President of Marketing and Business Strategy for the High Performance Computing Product Group, focusing on system solutions and marketing for the automotive analog and power business.

Marocco began his career at Infineon Technologies as an analog and mixed-signal design engineer and later held several leadership positions at Texas Instruments, where he led global business development for battery management and EV/HEV systems, driving growth and partnerships with leading automotive OEMs.

Before joining Renesas, he served as Senior Director of Automotive Software at Analog Devices, where he headed software solutions development for automotive infotainment and connectivity solutions.

Marocco holds a Master’s degree in Electronic Engineering from Politecnico di Bari in Italy and also studied at Universität des Saarlandes in Germany.

Balaji Kanigicherla

Balaji Kanigicherla currently serves as Vice President, Head of Engineering, and Co-Chief Technology Officer at Renesas Electronics Corporation. He brings about 30 years of experience in semiconductor product architectures, chip development, and business management across PC, data center, automotive, embedded systems, IoT, smartphone, graphics, networking, and communications.

Before joining Renesas in 2022, he held leadership roles at Intel Corporation as Corporate Vice President and General Manager and at INEDA Systems as Founder and CEO, where he led the development of innovative semiconductor solutions and multiple industry-first product architectures. Earlier, he held senior engineering positions at AMD, Conexant Systems, Ikanos Communications, Velio Communications, and Intel.

Kanigicherla holds 17 U.S. patents in IP, SoC, and system architectures and has a strong record of building high-performance engineering teams, delivering innovative solutions, and securing design wins with top-tier customers.

He earned a Master of Science degree in Electrical Engineering from Arizona State University.

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