ON Semiconductor General Counsel Recognized as the 2019 Arizona ACC Corporate Counsel of the Year Award – Public Company - Insurance News | InsuranceNewsNet

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February 26, 2019 Newswires
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ON Semiconductor General Counsel Recognized as the 2019 Arizona ACC Corporate Counsel of the Year Award – Public Company

Business Wire

Sonny Cave, founder of the ON Semiconductor law department, is instrumental in driving an ethical culture and for his contributions to today’s World’s Most Ethical Company® Announcement

PHOENIX--(BUSINESS WIRE)-- ON Semiconductor (NASDAQ: ON), driving energy efficient innovations, today announced its recognition by Ethisphere as a four-time recipient as one of the World’s Most Ethical Companies®. The compliance and ethics team, led by Sonny Cave, executive vice president, chief compliance and ethics officer, chief risk officer, general counsel and board secretary, whose team plays a vital role in the recognition, was also recently honored as the 2019 Corporate Counsel of the Year – Public Company at the Arizona Corporate Counsel Awards (ACC Awards)

“I am humbled and grateful to be recognized by Ethisphere and at the ACC Awards,” said Cave. “These recognitions highlight the vitality of an ethical culture in an ever-changing modern world.  Conducting business operations ethically and responsibly is key to the long term success of any organization.  At ON Semiconductor, our culture and core values of respect, integrity and initiative along with our roots in giving back to the community through corporate social responsibility while recognizing diversity and inclusion are the building blocks of our legal team. I am proud of the way that our comprehensive programs strengthen our foundation as a company and are extremely important to me as a professional.”

“Many things will fluctuate in the business world such as business priorities and the macroeconomic environment, but an organization’s and leadership ethics must remain the constant and solid foundation,” said Teresa Ressel, ON Semiconductor director and audit committee chair. “Through Sonny’s leadership, ON Semiconductor has maintained this unwavering foundation and is sought after for its best-in-class practices. On behalf of the Board, I congratulate Sonny and the company for its many achievements over the past year.”

Cave was previously recognized for the 2018 University of Colorado Alumni Award for Distinguished Achievement as Corporate Counsel and by Ethisphere Institute in their 2017 List of Attorneys Who Matter. He currently holds an AV Preeminent® Martindale-Hubbell rating from his peers, as he was deemed to have the highest ethical standards and preeminent legal ability in his profession. In conjunction with his work in the compliance and law department areas, Cave is a mentor to leaders and sponsor of one of the company’s Diversity and Inclusion Groups, whose commitment is to understand all generations in the workforce through networking and service learning activities.

In addition to these recognitions of Cave, ON Semiconductor was recognized in 2018 as a Fortune 500 company, was named as one of Fortune’s 100 Fastest Growing Companies and was listed on the Dow Jones Sustainability Index.

Sonny Cave Bio

Sonny is the founding general counsel and corporate secretary at ON Semiconductor since the 1999 spin-out from Motorola Inc. He also holds the titles of executive vice president, chief compliance and ethics officer, chief risk officer and corporate secretary. His extensive legal and business experience spans over 30 years, including seven years with Motorola, where he was promoted to senior environmental, health and safety counsel, and led a team of legal professionals supporting all of Motorola’s worldwide operations. During Sonny’s last two years with Motorola, he was an expatriate stationed in Geneva, Switzerland, where he served as regulatory affairs director for Motorola’s Semiconductor Components Group. His work during this time focused on expanding business and operations into emerging markets such as China and Eastern European countries.

During his 20-year tenure at ON Semiconductor, Sonny built the law department from the ground up into a global team of legal and intellectual property professionals with offices in Arizona, California and Maine, as well as in China, Belgium, Japan, Singapore, South Korea and Taiwan. Under Sonny’s leadership, ON Semiconductor revitalized its corporate compliance and ethics program in 2004, using a model where individual compliance and ethics liaisons are appointed at every significant company site across the globe. These liaisons are at the heart of the program, helping all employees to understand the company’s core values and how they apply in day-to-day work and culture. More recently, Sonny developed a comprehensive enterprise risk management program under which global risk champions are appointed from every business unit, operations and support functions. Sonny’s leadership in these and other areas was instrumental in ON Semiconductor being recognized by Ethisphere as a World’s Most Ethical Company in 2016, 2017, 2018 and 2019.

About ON Semiconductor

ON Semiconductor (Nasdaq: ON) is driving energy efficient innovations, empowering customers to reduce global energy use. The company is a leading supplier of semiconductor-based solutions, offering a comprehensive portfolio of energy efficient power management, analog, sensors, logic, timing, connectivity, discrete, SoC and custom devices. The company’s products help engineers solve their unique design challenges in automotive, communications, computing, consumer, industrial, medical, aerospace and defense applications. ON Semiconductor operates a responsive, reliable, world-class supply chain and quality program, a robust compliance and ethics program, and a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe and the Asia Pacific regions. For more information, visit http://www.onsemi.com.

  • Follow @onsemi on Twitter: www.twitter.com/onsemi

ON Semiconductor and the ON Semiconductor logo are registered trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders. Although the company references its Web site in this news release, such information on the Web site is not to be incorporated herein.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190226005837/en/

Kris Pugsley

Corporate Communications / Media Relations

ON Semiconductor

(312) 909-0661

[email protected]

Parag Agarwal

Vice President Investor Relations and Corporate Development

ON Semiconductor

(602) 244-3437

[email protected]

Source: ON Semiconductor

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