EQS-News: AT&S CEO function to be newly advertised

EQS-News: AT&S Austria Technologie & Systemtechnik AG / Key word(s):
Personnel
AT&S CEO function to be newly advertised

26.09.2024 / 16:40 CET/CEST
The issuer is solely responsible for the content of this announcement.

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AT&S CEO function to be newly advertised

 As previously reported, Andreas Gerstenmayer has resigned from his
position as CEO of AT&S for personal reasons with effect from Oct. 1,
2024. On an interim basis, Dr. Peter Schneider – previously Deputy CEO –
will take on the role of “Spokesman of the Management Board”. Until the
new CEO is appointed, Mr. Gerstenmayer’s responsibilities will be taken
over by the Management Board.

 Leoben, 26. September 2024 – Following the stepping down of Andreas
Gerstenmayer from his position as CEO of the Austrian technology company
AT&S on Monday due to personal reasons, AT&S is launching a CEO search. In
the coming months, an internal or external candidate is to be found to
succeed Andreas Gerstenmayer who has been CEO of AT&S since February 2010.

“Under Andreas Gerstenmayer’s leadership, AT&S has succeeded in developing
into a global technology leader in microelectronics over the past one and
a half decades,” said the AT&S Supervisory Board in recognition of
Gerstenmayer’s work. “During this time, AT&S has not only embarked on a
successful course of growth, but has also worked with the most innovative
companies in the global electronics industry and gained major technology
companies as customers. The members of the Supervisory Board, who wish
Andreas Gerstenmayer all the best for the future, would like to express
their sincere thanks for this achievements.”

“I have managed AT&S for more than 14 years, experienced the ups and downs
and initiated the growth phase. It is now time to place the management of
the company in new hands,” says Andreas Gerstenmayer. “AT&S is well
prepared for the future challenges in a difficult market environment for
the entire technology industry, so it is a good time for the handover.”

AT & S Austria Technologie & Systemtechnik Aktiengesellschaft – Advanced
Technologies & Solutions

AT&S is a leading global manufacturer of high-end IC substrates and
printed circuit boards. AT&S industrializes leading-edge technologies for
its core business segments Mobile Devices & Substrates, Automotive &
Aerospace, Industrial and Medical and high-performance computing for AI
applications. AT&S currently has a global presence with production sites
in Austria (Leoben, Fehring) and plants in India (Nanjangud), China
(Shanghai, Chongqing) and Korea (Ansan near Seoul). A new high-end
production site for IC substrates is currently being established in
Malaysia (Kulim). In Leoben, a European competence center including series
production for IC substrate technologies is being built. Both sites will
start production in the financial year 2024/25. The company employs more
than 13,500 people. For further information please visit [1] www.ats.net

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26.09.2024 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: AT&S Austria Technologie & Systemtechnik AG
Fabriksgasse 13
8700 Leoben
Austria
Phone: +43 (1) 3842200-0
E-mail: ir@ats.net
Internet: www.ats.net
ISIN: AT0000969985, AT0000A09S02
WKN: 922230
Indices: ATX
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange;
Vienna Stock Exchange (Official Market)
EQS News ID: 1996675

 
End of News EQS News Service

1996675  26.09.2024 CET/CEST

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