Citation
(2008), "ASML Chief Executive Officer Eric Meurice accepts extension of contract", Soldering & Surface Mount Technology, Vol. 20 No. 3. https://doi.org/10.1108/ssmt.2008.21920cab.001
Publisher
:Emerald Group Publishing Limited
Copyright © 2008, Emerald Group Publishing Limited
ASML Chief Executive Officer Eric Meurice accepts extension of contract
Article Type: Appointments From: Soldering & Surface Mount Technology, Volume 20, Issue 3
ASML Holding NV (ASML) announces that its Supervisory Board has agreed with Chief Executive Officer (CEO) Eric Meurice to extend his contract. Meurice joined ASML on October 1, 2004. Under his leadership, ASML’s management and employees more than doubled the company’s net income, generated cash from operating activities of more than €2 billion, while boosting research and development investments by almost 50 percent to more than EUR 500 million per year.
The Supervisory Board is pleased to inform the Annual General Meeting of shareholders (AGM) that it intends to re-appoint Meurice as CEO and Chairman of the Board of Management of ASML for a consecutive term of four years.
The essential elements of Meurice’s extended contract are available on ASML’s web site.
Furthermore, the agenda of the AGM, to be held on April 3, 2008, is also available on the web site at: www.asml.com