ASML to Appoint Fouquet CEO When Wennink Retires Next Year
- Wennink plans to retire when his term expires in April
- ASML has become the leading producer of chipmaking machines
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ASML Holding NV, the most valuable technology company in Europe, plans to appoint Christophe Fouquet as chief executive officer and president when its two co-presidents retire next year.
Fouquet, currently the Dutch firm’s chief business officer, is slated to take the helm when the terms of CEO Peter Wennink and Chief Technology Officer Martin van den Brink expire in April, the company said in a statement on Thursday. The appointment is subject to notification at ASML’s annual shareholder meeting.