Allegro MicroSystems, Inc. (ALGM) NASDAQ

Currency In USD

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Allegro MicroSystems, Inc.

Address

955 Perimeter Road

Manchester, NH 03103

United States of America (the)

Phone

603 626 2300

Sector

Technology

Industry

Semiconductors

Employees

4593

First IPO Date

October 29, 2020

Key Executives

NameTitlePayYear Born
Michael C. DooguePresident, Chief Executive Officer & Director774,4821976
Derek D'AntilioExecutive Vice President, Chief Financial Officer & Treasurer662,0311973
Troy ColemanSenior Vice President & GM of Products784,0161976
Richard A. MadormoSenior Vice President of Worldwide Sales1.02M1968
Rick MadormoSenior Vice President of Worldwide Sales1.02M1968
Sharon S. BrianskySenior Vice President, General Counsel & Corporate Secretary1.03M1974
Ian KentSenior Vice President of Operations01968
Roald G. WebsterVice President & Chief Accounting Officer01978
Erin HagenSenior Vice President & Chief Human Resources Officer01977
Jalene A. HooverVice President of IR & Corporate Communications0N/A
Jamie HaasVP & CTO0N/A
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Description

Allegro MicroSystems, Inc. focuses on the creation, production, and worldwide distribution of sophisticated integrated circuits (ICs). Their primary offerings consist of sensor ICs and custom-designed analog power ICs, developed mainly for motion control and energy-saving applications. The company's product line includes magnetic sensor ICs, which are crucial for measuring position, speed, and current. They also supply various power management ICs, such as motor drivers, voltage regulators, and LED drivers. Furthermore, Allegro provides photonic and 3D sensing components, encompassing photodiodes, eye-safe laser solutions, and readout ICs essential for LiDAR systems. Allegro primarily sells its components to original equipment manufacturers (OEMs) and suppliers, with a strong emphasis on the automotive and industrial industries. Their distribution network is multifaceted, utilizing a direct sales team, independent sales representatives, third-party distributors, and consignment models. With operations spanning across the globe, the company has a presence in the United States, the broader Americas, Europe, Japan, Greater China, South Korea, and various other markets in Asia. Allegro MicroSystems was established in 1990, maintains its headquarters in Manchester, New Hampshire, and operates as a subsidiary of Sanken Electric Co., Ltd.

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