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FAQ: AT&S Appoints Gerrit Steen as New CFO and Streamlines Executive Board
TL;DR
AT&S appoints Gerrit Steen as CFO to leverage his global financial expertise for disciplined capital allocation and profitable growth in digitalization markets.
AT&S restructures its Executive Board to three members with Steen joining as CFO on February 1, 2026, bringing 25 years of international finance leadership experience.
AT&S's strengthened leadership with Steen's global perspective supports responsible innovation in digital technologies that advance connectivity and electrification worldwide.
Gerrit Steen moves from DAMAC Group's CFO role to lead AT&S's finance strategy, having worked across four continents over 25 years.
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AT&S has appointed Gerrit Steen as its new Chief Financial Officer (CFO) and will streamline its Executive Board to three members: CEO Michael Mertin, CFO Gerrit Steen, and CTO Peter Griehsnig.
Gerrit Steen will assume his role as CFO and member of the Management Board on February 1, 2026, for a three-year term.
The Executive Board is being streamlined from its previous composition to a three-member board consisting of the CEO, CFO, and CTO. Ingolf Schröder will step down from the Executive Board but will remain with the company as EVP leading the Business Unit Microelectronics.
Gerrit Steen is an internationally seasoned finance leader with over 25 years of experience across Europe, Asia, the Middle East, and the United States, with expertise in financial strategy, transformation, and global growth. He previously served as Group CFO of DAMAC Group and held senior roles at Fresenius Group and Heraeus.
This appointment strengthens AT&S's leadership team with a highly experienced finance executive who can help turn global trends like digitalization, connectivity, and electrification into profitable growth through disciplined financial management and clear capital allocation.
AT&S is a leading global manufacturer of high-end IC substrates and printed circuit boards, developing interconnect technologies for mobile devices, automotive & aerospace, industrial, medical, and high-performance computing for AI applications.
AT&S has production sites in Austria (Leoben, Fehring), China (Shanghai, Chongqing), Malaysia (Kulim), and India (Nanjangud), with a European competence center for R&D and IC substrate production in Leoben, Austria.
AT&S currently employs around 13,000 people worldwide.
Further information can be found at www.ats.net.
Curated from NewMediaWire
