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IQE

23 January 2017

Aixtron's supervisory board chairman to become interim CEO

Deposition equipment maker Aixtron SE of Herzogenrath, Germany says that CEO Martin Goetzeler is leaving the firm for personal reasons at the end of his contract on 28 February.

Former executive board member and current supervisory board chairman Kim Schindelhauer will take on Goetzeler's duties as chief executive officer and chief financial officer on an interim basis from 1 March until a successor is found. The strategy adopted will continue unchanged.

Goetzeler, whose responsibilities included strategy, finances and also personnel as industrial relations director, is leaving the firm for personal reasons and in agreement with the supervisory board.

"During Mr Goetzeler's tenure, Aixtron's technology portfolio was diversified considerably and the company oriented its strategy toward the future markets it identified," says Schindelhauer. "In addition, both the focus on profitability as well as the awareness of costs were successfully internalized in the company and the financial results steadily improved," he adds. "He strengthened the relationships with the Chinese market and consequently initiated the planned China deal. He was greatly dedicated to this effort. We thank Mr Goetzeler for his exemplary service to Aixtron since his appointment in March 2013."

During Schindelhauer's work as CEO, the supervisory board's deputy chairman professor Dr Wolfgang Blättchen will take over as supervisory board chairman.

See related items:

Aixtron to delist American depositary shares from NASDAQ and deregister with SEC

China's Grand Chip abandons acquisition of Aixtron

See: Aixtron Company Profile

Tags: Aixtron MOCVD

Visit: www.aixtron.com

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