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ASML announces Board of Management changes for 2009

30 October 2008 | By Syanne Olson | Going Places

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ASML Holding NV has publicized Klaus Fuchs, VP Operations, has given confirmation to the Supervisory Board that he will resign from his position on the Board of Management as of 1 January 2009. The Supervisory Board is expecting to designate Frits van Hout, presently in charge of an all-inclusive efficiency improvement program, as the new member of the Board of Management, subject to notification of the general meeting of shareholders scheduled on 26 March 2009.

“ASML likes to thank Klaus Fuchs for his valuable contributions to ASML’s pursuit of operational excellence over the past years. We regret to see him leave and wish him well in his further career,” said Eric Meurice, President and CEO of ASML. “We also welcome Frits van Hout. Frits has proven to be an effective, results-driven manager who is well liked and respected in the organization.”

Van Hout, a 16-year veteran of ASML, was previously head of ASML’s global customer support organization and was in charge for two business units. He also held a management position at ASML’s Research and Development unit and the company’s Sales and Marketing sector.
 

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