CFO Wolfgang Nickl to leave ASML by the end of April 2018
September 12 2017 - 6:00AM
He will join German
life science company Bayer as its new CFO
VELDHOVEN, the Netherlands, 12 September 2017 -
ASML today announces that Executive Vice President and Chief
Financial Officer Wolfgang Nickl (age: 48) has decided to accept
the position of CFO at German-based life science company Bayer. He
will fulfil his current contract with ASML which runs to 25 April
2018.
Wolfgang Nickl, a native from Baden-Wuerttemberg,
Germany, joined ASML in December 2013 from the U.S., where he built
his career in financial and operational leadership roles at digital
storage device manufacturer Western Digital Corporation before his
promotion as its CFO in 2010.
"We highly appreciate Wolfgang's contribution to
ASML's growth and development over recent years, and we looked
forward to many more years of working together. Yet, we also
appreciate that Bayer offers Wolfgang a significant opportunity and
we wish him and Bayer all the best. Together with Wolfgang we will
arrange for a smooth transition of his responsibilities over the
coming months and secure uninterrupted execution of our strategy to
reach our stated targets for our stakeholders," said President and
Chief Executive Officer Peter Wennink.
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Contacts
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Marcel Kemp, phone +31 40 268 6494
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
17,500 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.
About Bayer
Bayer is a global enterprise with core competencies in the Life
Science fields of health care and agriculture. Its products and
services are designed to benefit people and improve their quality
of life. At the same time, the Group aims to create value through
innovation, growth and high earning power. Bayer is committed to
the principles of sustainable development and to its social and
ethical responsibilities as a corporate citizen. In fiscal 2016,
the Group employed around 115,200 people and had sales of EUR 46.8
billion. Capital expenditures amounted to EUR 2.6 billion, R&D
expenses to EUR 4.7 billion. These figures include those for the
high-tech polymers business, which was floated on the stock market
as an independent company named Covestro on Tuesday, October 06,
2015. For more information, go to www.bayer.com.
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of Article 7(1) of the EU Market Abuse Regulation.
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information contained therein.
Source: ASML Holding via Globenewswire
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