AT&S Appoints Gerrit Steen as CFO and Streamlines Executive Board Structure

The Supervisory Board of AT&S has appointed Gerrit Steen as Chief Financial Officer and member of the Management Board for a three-year term effective February 1, 2026. With this appointment, the company will streamline its management structure into a three-member Executive Board consisting of CEO Michael Mertin as Chairman, CFO Gerrit Steen, and CTO Peter Griehsnig. Ingolf Schröder will step down from the Executive Board but will remain with the company by mutual agreement and continue to lead the Business Unit Microelectronics as EVP.

This leadership restructuring is significant for AT&S as it positions the company to better navigate the rapidly evolving high-tech manufacturing landscape. As a leading global manufacturer of high-end IC substrates and printed circuit boards, AT&S develops and produces leading-edge interconnect technologies for key digital industries including mobile devices, automotive & aerospace, industrial, medical and high-performance computing for AI applications. The streamlined executive structure is designed to enhance decision-making efficiency as the company seeks to capitalize on global trends such as digitalization, connectivity, and electrification.

Gerrit Steen brings extensive international experience to AT&S, having held leadership positions across Europe, Asia, the Middle East and the United States for more than 25 years. His expertise in financial strategy, transformation and global growth will be particularly valuable as AT&S continues its expansion. Prior to joining AT&S, Steen served as Group CFO of DAMAC Group, an investment, real estate, and technology company in Dubai with revenues exceeding USD 5 billion. He previously held various board and senior executive roles within the Fresenius Group and technology company Heraeus, including Global CFO and CEO for the Asia region of Fresenius Kabi AG.

"I am very pleased to have the opportunity to join such a renowned high-tech company as AT&S as CFO," Steen stated. "Supported by its strong technology capabilities, AT&S is very well positioned to benefit from global trends such as digitalization, connectivity, and electrification. Together with the Supervisory Board, the Management Board and the entire AT&S organization, I look forward to helping turn these opportunities into profitable growth through disciplined financial management and clear capital allocation."

Andy Mattes, Chairman of the Supervisory Board of AT&S AG, emphasized the importance of this appointment: "We are pleased to welcome Gerrit Steen, a highly accomplished financial expert with decades of global experience, to AT&S. His extensive expertise in financial strategy, transformation, and global growth, combined with his experience in Asia and the United States, will be of great value for the future development of our company."

The leadership changes come as AT&S continues to shape the digital transformation through forward-looking investments in research and development and responsible use of resources. With production sites in Austria, China, Malaysia, India and a European competence center for R&D and IC substrate production in Leoben, the company employs approximately 13,000 people globally. Further information about the company can be found at https://www.ats.net, and media materials are available through the AT&S media portal at https://ats.canto.de/v/press.