AMSTERDAM (Reuters) -ASML, the largest maker of equipment used to manufacture computer chips, said on Thursday it had appointed Marco Pieters as chief technical officer, joining the company’s
ASML appoints veteran Pieters as chief technology officer
Leadership Changes at ASML
AMSTERDAM (Reuters) -ASML, the largest maker of equipment used to manufacture computer chips, said on Thursday it had appointed Marco Pieters as chief technical officer, joining the company’s management board.
Background of Marco Pieters
Pieters, a 25-year veteran of the company, has held multiple positions in several of ASML's product lines, including overseeing its "Holistic Lithography" programme.
Impact on ASML's Technology Strategy
ASML’s lithography systems, which can cost up to $400 million each, are among the most complex tools on the planet, using high-powered lasers to create the circuitry of computer chips with incredible speed and precision.
Transition from Martin van der Brink
"After working alongside him for many years, Marco has my full support in driving forward our technology roadmap," said CEO Christophe Fouquet in a statement.
Pieters, trained as a mathematician, replaces Martin van der Brink, who retired in April 2024. Van der Brink is credited with having made difficult choices that enabled ASML to surpass Japanese rivals Nikon and Canon to dominate the lithography market.
Pieters' appointment is expected to be approved at the company's annual meeting in April, along with the reappointment of Chief Financial Officer Roger Dassen.
(Reporting by Toby SterlingEditing by Mark Potter)
