AMSTERDAM (Reuters) -ASML, the biggest maker of apparatus used to fabricate pc chips, mentioned on Thursday it had appointed Marco Pieters as chief technical officer, becoming a member of the corporate’s administration board.
Pieters, a 25-year veteran of the corporate, has held a number of positions in a number of of ASML’s product traces, together with overseeing its “Holistic Lithography” programme.
ASML’s lithography programs, which may value as much as $400 million every, are among the many most complicated instruments on the planet, utilizing high-powered lasers to create the circuitry of pc chips with unbelievable pace and precision.
“After working alongside him for a few years, Marco has my full help in driving ahead our expertise roadmap,” mentioned CEO Christophe Fouquet in an announcement.
Pieters, educated as a mathematician, replaces Martin van der Brink, who retired in April 2024. Van der Brink is credited with having made troublesome selections that enabled ASML to surpass Japanese rivals Nikon and Canon to dominate the lithography market.
Pieters’ appointment is anticipated to be authorized on the firm’s annual assembly in April, together with the reappointment of Chief Monetary Officer Roger Dassen.
(Reporting by Toby SterlingEditing by Mark Potter)