Management and supervision

Our organization is spearheaded by a team of dedicated, committed, and passionate people. Together, they make sure ASM is ever developing. We have a two-tier board structure, with two Management Board members and six Supervisory Board members. In 2022, we set up an Executive Committee to help the Management Board drive and execute ASM's strategy.

Management Board

The Management Board manages and is responsible for defining and executing the strategy, including the sustainable long-term value creation, the risk management framework, management of the operational, organizational and financial objectives, and the sustainability/ESG aspects relevant to ASM. When executing its tasks, it takes into account the interests of ASM’s stakeholders.

The Management Board has its own rules and is also subject to the Articles of Association. ASM’s Management Board has divided the roles in line with the Articles of Association and approval from the Supervisory Board. The Executive Committee assists the Management Board in managing ASM.

Composition

Name Position Nationality Year of birth Initial appointment Term expires
Hichem M’Saad CEO US and Tunisian 1965  2022 2026
Paul Verhagen CFO Dutch 1966  2021  2025 

> See the Management Board biographies

Executive Committee

The Executive Committee consists of the Management Board members and three other senior executive leaders. 

The Executive Committee assists the Management Board in managing the company, in particular with the day-to-day management, including driving the strategic agenda, and in respect of compliance, leadership, culture and sustainability/ESG. Its responsibilities are divided based on business and functional areas, each of which will be reviewed regularly. The Management Board may delegate one or more specific tasks and duties to one or more Executive Committee members and the Executive Committee is accountable and reports to the Management Board. The Executive Committee shall be guided by the interests of the company and its affiliates in executing its tasks, taking the interests of all stakeholders into account. The Executive Committee has its own rules

Composition

Name Position Nationality Year of birth
Hichem M’Saad CEO US and Tunisian 1965
Paul Verhagen CFO Dutch 1966
Brian Birmingham Senior Vice President Global Sales US 1968
Edyta Jakubek Chief People Officer Polish 1974
Kent Rossman Senior Vice President Global Operations US 1969

> See the Executive Committee biographies

Supervisory Board and its committees

The Supervisory Board supervises and advises the Management Board and Executive Committee in the execution of their tasks and responsibilities. The members of the Supervisory Board are guided by the interests of the company and its affiliates, through which the interests of the stakeholders are taken into account. The Supervisory Board has its own rules and is also subject to the Articles of Association.

The Supervisory Board has oversight of the Audit Committee, the Nomination, Selection and Remuneration Committee and the Technology Committee, which assist the Supervisory Board in the preparation of its meetings and supervision tasks.

Composition

Name Position Nationality Year of birth Initial appointment Term expires
Pauline F.M. van der Meer Mohr Chair Dutch 1960 2021 2025
Martin van den Brink Member Dutch 1957 2024 2028
Marc J.C. de Jong Member Dutch 1961 2018 2026
Stefanie Kahle-Galonske Member German and Swiss 1969 2017 2025
Didier R. Lamouche Member French 1959 2020 2028
Tania Micki Member Swiss and French 1971 2024 2028
Adalio T. Sanchez Member United States 1959 2021 2025

> See the Supervisory Board biographies

Committees' structure and member information

Name Audit Committee Nomination, Selection, and Remuneration Committee Supervisory Board Technology Committee 
Pauline F.M. van der Meer Mohr M M C  
Martin van den Brink M   M C
Marc J.C. de Jong M   M M
Stefanie Kahle-Galonske C / FE M M  
Tania Micki M / FE   M  
Didier R. Lamouche   C M M
Adalio T. Sanchez   M M M

C = Chairperson; M = Member; FE = Financial expert

Audit Committee

The Audit Committee comprises:

·         Stefanie Kahle Galonkse, Chair of the Audit Committee;

·         Martin van den Brink, Marc de Jong, Pauline van der Meer Mohr and Tania Micki: members.  

The Audit Committee assists the Supervisory Board in its responsibility to oversee, among others, ASM’s financing, financial statements, financial reporting process, cybersecurity, and system of internal business controls and risk management. The Audit Committee also advises the Supervisory Board on the nomination of the external auditor of the company.

The Audit Committee has its own charter (which lists its tasks and responsibilities) and is also subject to the Articles of Association. 

Nomination, Selection, and Remuneration Committee

The Nomination, Selection and Remuneration Committee comprises:

·         Didier Lamouche, Chair of the Nomination, Selection & Remuneration Committee;

·         Stefanie Kahle Galonkse, Pauline van der Meer Mohr and Adalio Sanchez: members.

The Nomination, Selection and Remuneration Committee advises the Supervisory Board on matters relating to the selection and nomination of the members of the Management Board and Supervisory Board. It further monitors and evaluates the remuneration policy for the Management Board and the Supervisory Board.

The Nomination, Selection and Remuneration Committee has its own charter (which lists its tasks and responsibilities) and is also subject to the Articles of Association. 

As of 2017 we have integrated our remuneration report into our Annual Report. Consequently, our last standalone remuneration report is from 2016. ASM’s remuneration reports of the last ten years can be found here. The current version of the Remuneration policy of the Management Board can be found here and the Remuneration policy of the Supervisory Board can be found here

Technology Committee

The Technology Committee comprises:

·         Martin van den Brink, Chair of the Technology Committee;

·         Adalio Sanchez, Marc de Jong, and Didier Lamouche: members.  

The Technology Committee assists the Supervisory Board in its responsibility to oversee, among others, the technology aspects of ASM’s business strategy, i.e. technology trends and investments required, technical resources and operational performance in R&D, as well as ASM’s annual R&D budget and material technology investments brought forward by ASM’s Management Board.

The Technology Committee has its own charter (which lists its tasks and responsibilities) and is also subject to the Articles of Association.