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ALGM
NASDAQ Manufacturing

Allegro MicroSystems Appoints Semiconductor CFO Veteran Brian White to Board

Arie Shkolnikov · Analysis by Wiseek AI
More coverage: Semiconductor Stocks · Technology
Sentiment info
Positive
Importance info
7
Price
$56.2
Mkt Cap
$10.052B
52W Low
$22.41
52W High
$58.13
52W Position info
151% above low
Off High info
3.3% below high
Rel. Volume info
1.8× avg
Market data snapshot near publication time

ALGM has more than doubled off its 52-week low of $22.41.

Summary

Allegro MicroSystems has appointed Brian C. White, a seasoned semiconductor industry CFO and audit committee financial expert, as an independent director to its Board, effective June 17, 2026.


Key Events · Executive and Board Changes · ALGM

  • New Independent Director Appointed

    Brian C. White, an accomplished executive with over 30 years of leadership experience in the semiconductor and high-technology industries, was elected to the Board of Directors as a Class III independent director, effective June 17, 2026.

  • Enhanced Financial and Governance Expertise

    Mr. White brings extensive expertise in financial strategy, public-company governance, and corporate development, having served as CFO for several publicly traded semiconductor companies. He qualifies as an 'audit committee financial expert' and will serve on the Audit and Compensation Committees.

  • Part of Board Transition

    This appointment is made in light of two existing directors, Richard R. Lury and Susan D. Lynch, previously disclosing their decisions not to stand for re-election at the 2026 Annual Meeting. The board size will decrease from 11 to nine directors following the 2026 Annual Meeting.


Analysis · ALGM · Manufacturing

The addition of Brian C. White, with his extensive background as a CFO for multiple public semiconductor companies and his qualification as an audit committee financial expert, significantly strengthens Allegro's board governance and financial oversight. This strategic appointment comes as the company navigates a planned board refresh, with two existing directors not seeking re-election, ensuring continued high-level expertise.

At the time of this filing, ALGM was trading at $56.20 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $10.1B. The 52-week trading range was $22.41 to $58.13. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.

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ALGM - Latest Insights

ALGM
Jul 31, 2026, 8:57 AM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $42.37
Real-time Price: $43.41 info
Change: +$1.04 (+2%) info
Market Cap: $8.159B info
ALGM
Jul 30, 2026, 7:15 AM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $42.63
Real-time Price: $43.41 info
Change: +$0.780 (+2%) info
Market Cap: $8.159B info
ALGM
Jul 30, 2026, 7:07 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $42.63
Real-time Price: $43.41 info
Change: +$0.780 (+2%) info
Market Cap: $8.159B info
ALGM
Jun 24, 2026, 7:27 AM EDT
Filing Type: DEF 14A
Importance Score:
7
Price at Filing: $58.66
Real-time Price: $43.41 info
Change: -$15.25 (-26%) info
Market Cap: $8.159B info
ALGM
May 21, 2026, 8:24 AM EDT
Filing Type: 10-K
Importance Score:
7
Price at Filing: $44.11
Real-time Price: $43.41 info
Change: -$0.700 (-2%) info
Market Cap: $8.159B info