ASML Holding appoints Frederic Schneider-Maunoury as Executive Vice President and Chief Operating Officer (COO) to the Board of Management. The company's Supervisory Board offers the position, subject to notification of the general meeting of shareholders, which is scheduled to be held on March 24, 2010.
Schneider-Maunoury is currently VP of Thermal Products Manufacturing at French industrial and transport equipment group Alstom.
"We are delighted to welcome Frederic to ASML and we are confident his worldwide business and operational experience in high-value equipment will be of great value as ASML gears up to reinforce its global leadership position with new generations of semiconductor lithography systems," said Eric Meurice, president and CEO of ASML.
Schneider-Maunoury is a graduate of Ecole Polytechnique and Ecole Nationale Supérieure des Mines. Previous to this appointment, he held various positions at the French Ministry of Trade and Industry before he joined Alstom in 1996.
Provided all goes to plan, Schneider-Maunoury will join ASML on January 1st, 2010.