ASM INTERNATIONAL N.V. ANNOUNCES NEW CFO
12 Janvier 2021 - 06:30PM
ASM INTERNATIONAL N.V. ANNOUNCES NEW CFO
Almere, The NetherlandsJanuary 12, 2021, 6:30
p.m. CET
The Supervisory Board of ASM International N.V. (Euronext
Amsterdam: ASM) today announced the nomination of Mr. P (Paul) A.H.
Verhagen as CFO and Member of the Management Board of ASMI,
succeeding Peter van Bommel.
Mr. Verhagen (54) has a proven track record and
background in Dutch listed companies. He has made a career within
Royal Philips starting in the early nineties and fulfilled until
2013 numerous executive positions in the Netherlands, the USA, Hong
Kong, and China. His last two assignments, from 2007 until 2013,
were as Executive Vice President and CFO of Philips Consumer
Lifestyle, and Executive Vice President and CFO of Philips
Lighting. Since 2014 he is the CFO and Member of the Management
Board of the Dutch stock listed company Fugro N.V. Mr. Verhagen is
a Dutch national and holds a master in Business Administration and
a post graduate degree as Chartered Controller.
Jan Lobbezoo, Chairman of ASMI Supervisory
Board, said, “The Board is very pleased to nominate Paul Verhagen
as a member of the Management Board and Chief Financial Officer.
Paul has deep and extensive experience as a financial leader of
Dutch listed companies and in the electronics industry.”
About the retirement of Peter van Bommel, Mr.
Lobbezoo said: “After a period of 10 years being the CFO and member
of the Management Board Peter will retire as per the shareholders
meeting in May. On behalf of the Supervisory Board I want to thank
him again for the many achievements during that period.”
The remuneration package of Mr. Verhagen shall
consist of a base salary of €520,000 in combination with a long
term share incentive and a short term cash incentive, both
dependent on realizing certain predefined targets.
The ASMI shareholders will be asked to appoint
Mr. Verhagen as Management Board member for a four-year term at the
Annual General Meeting of Shareholders on May 17, 2021. After that
the Supervisory Board will appoint Mr. Verhagen as the CFO. Mr.
Verhagen will start at ASM on June 1, 2021.
About ASM International
ASM International NV, headquartered in Almere,
the Netherlands, its subsidiaries and participations design and
manufacture equipment and materials used to produce semiconductor
devices. ASM International, its subsidiaries and participations
provide production solutions for wafer processing (Front-end
segment) as well as for assembly & packaging and surface mount
technology (Back-end segment) through facilities in the United
States, Europe, Japan and Asia. ASM International's common stock
trades on the Euronext Amsterdam Stock Exchange (symbol ASM). For
more information, visit ASMI's website at www.asm.com.
Cautionary Note Regarding Forward-Looking
Statements: All matters discussed in this press release, except for
any historical data, are forward-looking statements.
Forward-looking statements involve risks and uncertainties that
could cause actual results to differ materially from those in the
forward-looking statements. These include, but are not limited to,
economic conditions and trends in the semiconductor industry
generally and the timing of the industry cycles specifically,
currency fluctuations, corporate transactions, financing and
liquidity matters, the success of restructurings, the timing of
significant orders, market acceptance of new products, competitive
factors, litigation involving intellectual property, shareholders
or other issues, commercial and economic disruption due to natural
disasters, terrorist activity, armed conflict or political
instability, changes in import/export regulations, epidemics and
other risks indicated in the Company's reports and financial
statements. The Company assumes no obligation nor intends to update
or revise any forward-looking statements to reflect future
developments or circumstances.
This press release contains inside information
within the meaning of Article 7(1) of the EU Market Abuse
Regulation.
CONTACT
Investor and media contact:Victor BareñoT: +31 88 100
8500E: victor.bareno@asm.com
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