ASML welcomes Christophe Fouquet to Board of Management
February 20 2018 - 2:00AM
Frits van Hout to lead Strategy and Strategic
Supplier Relations, Christophe Fouquet to lead EUV Business
VELDHOVEN, The Netherlands, 20 February 2018 -
ASML Holding N.V. (ASML) today announces that its Supervisory Board
intends to appoint Christophe Fouquet (44) as Executive Vice
President to the Board of Management, subject to notification of
the Annual General Meeting of Shareholders on 25 April 2018. With
the addition of Christophe Fouquet, the ASML Board of Management
will expand from five to six members. Christophe Fouquet will take
over responsibility for the Business Line EUV (Extreme Ultraviolet)
from Frits van Hout per 1 April 2018.
Frits van Hout has successfully overseen the
development of the EUV business over the last 5 years, bringing it
to a level where EUV is widely accepted as the next lithography
platform for the semiconductor industry. From 1 April 2018, he will
focus on strategy and strategic supplier relations. Within the
Board of Management he will be responsible for ASML's growth
specifically as it relates to the increasing significance of
strategic supplier relationships, notably in the context of EUV and
High-NA EUV as well as e-beam metrology and optical systems.
Christophe Fouquet, as a new member of the Board
of Management, will oversee the introduction of EUV lithography in
high volume manufacturing of integrated circuits (ICs) at customer
sites. As ASML will continue to make improvements in the
availability of the EUV systems and the profitability of the EUV
business, Christophe Fouquet will drive the roll-out and
industrialization of EUV and in parallel he will oversee the
development and introduction of High-NA EUV lithography over coming
years. In his current role as leader of Business Line Applications,
Christophe Fouquet has established the Applications business as a
key pillar under ASML's Holistic Lithography strategy, overseeing
strong organic sales growth and initiating and executing successful
M&A through Taiwan-based HMI. Jim Koonmen, currently managing
ASML-unit Cymer Light Sources, and before that managing ASML's
computational lithography unit, will succeed Christophe Fouquet as
the leader of Business Line Applications.
"We're delighted to welcome Christophe to the
Board of Management where he will bring broad and deep technology
and business experience. With Frits focusing on the best possible
collaboration with our key strategic suppliers, we are confident
that we have a great team in place to execute our strategy, achieve
our 2020 sales and profit targets and realize further growth of the
company beyond 2020," said ASML's President and Chief Executive
Officer Peter Wennink.
ASML
Media Relations Contacts |
ASML
Investor Relations Contacts |
Monique Mols, phone +31 6 528 444 18 |
Skip
Miller, phone +1 480 235 0934 |
Sander
Hofman, phone +31 6 238 102 14 |
Marcel
Kemp, phone +31 40 268 6494 |
Brittney Wolff Zatezalo, phone +1 408 483 3207 |
Craig
DeYoung, phone +852 2295 1168 |
About ASML
ASML is one of the world's leading manufacturers of chip-making
equipment. Our vision is to enable affordable microelectronics that
improve the quality of life. To achieve this, our mission is to
invent, develop, manufacture and service advanced technology for
high-tech lithography, metrology and software solutions for the
semiconductor industry. ASML's guiding principle is continuing
Moore's Law towards ever smaller, cheaper, more powerful and
energy-efficient semiconductors. This results in increasingly
powerful and capable electronics that enable the world to progress
within a multitude of fields, including healthcare, technology,
communications, energy, mobility, and entertainment. ASML is a
multinational company with offices in 60 cities in 16 countries,
headquartered in Veldhoven, the Netherlands. We employ more than
19,000 people on payroll and flexible contracts (expressed in full
time equivalents). ASML is traded on Euronext Amsterdam and NASDAQ
under the symbol ASML. More information about ASML, our products
and technology, and career opportunities is available on
www.asml.com.
Regulated Information
This press release contains inside information within the meaning
of Article 7(1) of the EU Market Abuse Regulation.
Forward-Looking Statements
This press release contains forward looking statements, which you
can generally identify by the use of words like "may", "will",
"could", "should", "project", "believe", "anticipate", "expect",
"plan", "estimate", "forecast", "potential", "intend", "continue",
"targets", and variations of these words or comparable words. The
forward looking statements contained herein include statements
about intended changes in the Board of Management including
intended roles and responsibilities of particular individuals on
the Board of Management, statements about ASML's growth, increasing
significance of supplier relationships, the introduction of high
volume manufacturing of EUV, expected improvements in availability
of EUV systems and profitability of the EUV business and statements
with respect to High NA EUV as well as statements about ASML's
strategy including 2020 sales and profit targets and growth of the
company beyond 2020. Forward-looking statements do not
guarantee future performance and involve risks and uncertainties,
including the risks indicated in the risk factors included in
ASML's Annual Report on Form 20-F and other filings with the US
Securities and Exchange Commission. These forward-looking
statements are made only as of the date of this document. We do not
undertake to update or revise the forward-looking statements,
whether as a result of new information, future events or
otherwise.
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Source: ASML Holding via Globenewswire
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