ASML approves Christophe Fouquet as CEO at annual meeting

AMSTERDAM :ASML has licensed the appointment of Christophe Fouquet because the corporate’s contemporary CEO.

Fouquet, 50, took up his contemporary role as chief of Europe’s greatest technology company at ASML’s annual assembly in Veldhoven, Netherlands, on Wednesday.

“I am very relaxed … to be succesful to jot down the subsequent chapter of ASML and to proceed to manufacture indispensable rate for our shareholders,” Fouquet said.

No vote used to be required and chairman Nils Andersen announced the appointment had been licensed.

Fouquet, tapped for the job in November, is a 15-yr vulnerable at the corporate who had previously overseen its high “EUV” product lines.

He replaces retiring CEO Peter Wennink, who had led the corporate since 2014, a length in which its fragment designate elevated more than tenfold and it grew to alter into Europe’s greatest tech company with a market rate above 300 billion euros ($320 billion).

“Other folks were telling me the final couple of months ‘you may presumably presumably also very successfully be retiring at the height of the corporate’s fabricate’,” Wennink said. “No. we’re no longer even within the middle.”