Supervisory Board Appoints Dr. Franz Richter as new President and Chief Executive Officer (CEO) of SUSS MicroTec

Supervisory Board Appoints Dr. Franz Richter as new President and Chief Executive Officer (CEO) of SUSS MicroTec

DGAP-News: SÜSS MicroTec AG / Key word(s): Change of Personnel

2016-08-30 / 17:17
The issuer is solely responsible for the content of this announcement.


Supervisory Board Appoints Dr. Franz Richter as new President and Chief Executive Officer (CEO) of SUSS MicroTec

Garching, August 30, 2016. The Supervisory Board of SUSS MicroTec AG has appointed Dr. Franz Richter (61) as a new member of the management board of SUSS MicroTec AG. His contract will run for a period of three years. Dr. Richter accepted the appointment to the management board as of today and he will assume his position as new CEO on September 7, 2016. Dr. Richter on the one hand stands for continuity in the strategic orientation of the SUSS MicroTec Group and on the other hand for innovation and technological leadership.

Following his professional activities as a scientist at the Carl Zeiss Group and the Fraunhofer Institute for Laser Technology, he spent 14 years working for SUSS MicroTec, the last six of them as its CEO until 2004. During this time, the IPO took place and revenue grew beyond 200 million Euro. After serving as President of Semiconductor Equipment Division at Unaxis (now OC Oerlikon) in Pfäffikon, Switzerland, he set up Thin Materials AG and became its CEO in 2007. The company is engaged in the process development for the 3D chip integration and was successfully sold to Nissan Chemical Industries, Ltd.,Tokyo, in 2013. Today Dr. Richter serves as a member of the supervisory board of the stock listed Siltronic AG, Munich, Germany, the administrative board of Meyer Burger Technology AG, Gwatt, Switzerland and the COMET Holding AG, Flamatt, Switzerland.

During his career, Dr. Richter has gained a lot of international expertise in technology management topics, especially in the semiconductor industry, where he is considered as being a leading expert. In all these years, he remained closely linked to SUSS MicroTec

"We are delighted that in Dr. Richter we could win a proven expert familiar with the company as well as the industry and an internationally experienced manager for the position as CEO, who stands for continuity and at the same time for innovative solutions.", says Dr. Stefan Reineck, chairman of the supervisory board of SUSS MicroTec AG.

"I look forward to the exciting challenge as CEO in this high-technology company. SUSS MicroTec has an enormous potential in rapidly changing markets. I am convinced that the management board and the supervisory board together will shape the successful future of the company. ", says Dr. Franz Richter.

About SUSS MicroTec
SUSS MicroTec is a leading supplier of equipment and process solutions for microstructuring in the semiconductor industry and related markets. In close cooperation with research institutes and industry partners SUSS MicroTec contributes to the advancement of next-generation technologies such as 3D Integration and nanoimprint lithography as well as key processes for MEMS and LED manufacturing. With a global infrastructure for applications and service SUSS MicroTec supports more than 8.000 installed systems worldwide. SUSS MicroTec is headquartered in Garching near Munich, Germany. For more information, please visit http://www.suss.com




Contact:
SUSS MicroTec AG
Franka Schielke
Senior Manager Investor Relations
Schleissheimer Strasse 90
85748 Garching, Deutschland
franka.schielke@suss.com
Tel.: +49 (0)89 32007-161
Fax: +49 (0)89 32007-451
Email: franka.schielke@suss.com


2016-08-30 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


show this