AIXTRON appoints Chief Financial Officer (CFO)
Dr. Christian Danninger appointed as new member of the Executive Board effective July 1, 2021 or earlier
Herzogenrath/Germany, December 21, 2020 - The Supervisory Board of AIXTRON SE (FSE: AIXA) today appointed Dr. Christian Danninger as new member of the Executive Board in the function of Chief Financial Officer (CFO) effective July 1, 2021 or earlier. The appointment is for a period of 3 years.
Dr. Christian Danninger was most recently Group CFO of Putzmeister Holding GmbH and CFO of Sany Europe GmbH, both companies of the Sany Group. The 41-year-old has extensive international experience in the areas of finance and accounting, compliance, law, IT and M&A. With a doctorate in law and master in economics, his responsibilities in corporate and organizational development included the optimization of financial processes and reporting, the development and restructuring as well as the optimization of the organizational structures of various corporate divisions, and driving forward digitalization and human resources development.
As Chief Financial Officer, he will assume responsibility for Finance and Accounting, Controlling, Compliance, Legal, Human Resources, and Investor Relations at AIXTRON no later than July 1, 2021. With the appointment of Dr. Danninger, the Supervisory Board considers the announced generation change in the Executive Board to be completed. "As a proven financial expert with extensive experience in the machinery and equipment industry, Dr. Danninger is an excellent addition to the Executive Board team to jointly drive the Company's growth strategy," said Kim Schindelhauer, Chairman of the Supervisory Board of AIXTRON SE. "We are convinced that he will leverage his broad expertise on an operational and strategic level at AIXTRON in a targeted manner."
AIXTRON's technologies address a number of different, dynamically developing growth markets from which the Company intends to benefit in the coming years. With this expanded Executive Board, AIXTRON believes it is well positioned for the future.
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About AIXTRON SE
AIXTRON SE is a leading provider of deposition equipment to the semiconductor industry. The Company was founded in 1983 and is headquartered in Herzogenrath (near Aachen), Germany, with subsidiaries and sales offices in Asia, United States and in Europe. AIXTRON's technology solutions are used by a diverse range of customers worldwide to build advanced components for electronic and opto-electronic applications based on compound or organic semiconductor materials. Such components are used in a broad range of innovative applications, technologies and industries. These include Laser and LED applications, display technologies, data transmission, SiC and GaN power management and conversion, communication, signaling and lighting as well as a range of other leading-edge technologies.
Our registered trademarks: AIXACT(R), AIXTRON(R), APEVA(R), Atomic Level SolutionS(R), Close Coupled Showerhead(R), CRIUS(R), EXP(R), EPISON(R), Gas Foil Rotation(R), Optacap(TM), OVPD(R), Planetary Reactor(R), PVPD(R), STExS(R), TriJet(R)
For further information on AIXTRON (FSE: AIXA, ISIN DE000A0WMPJ6) please visit our website at www.aixtron.com/en.
This document may contain forward-looking statements regarding the business, results of operations, financial condition and earnings outlook of AIXTRON. These statements may be identified by words such as "may", "will", "expect", "anticipate", "contemplate", "intend", "plan", "believe", "continue" and "estimate" and variations of such words or similar expressions. These forward-looking statements are based on our current assessments, expectations and assumptions, of which many are beyond control of AIXTRON, and are subject to risks and uncertainties. You should not place undue reliance on these forward-looking statements. Should these risks or uncertainties materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of AIXTRON may materially vary from those described explicitly or implicitly in the relevant forward-looking statement. This could result from a variety of factors, such as actual customer orders received by AIXTRON, the level of demand for deposition technology in the market, the timing of final acceptance of products by customers, the condition of financial markets and access to financing for AIXTRON, general conditions in the market for deposition plants and macroeconomic conditions, cancellations, rescheduling or delays in product shipments, production capacity constraints, extended sales and qualification cycles, difficulties in the production process, the general development in the semi-conductor industry, increased competition, fluctuations in exchange rates, availability of public funding, fluctuations and/or changes in interest rates, delays in developing and marketing new products, a deterioration of the general economic situation and any other factors discussed in any reports or other announcements , in particular in the chapter Risks in the Annual Report, filed by AIXTRON. Any forward-looking statements contained in this document are based on current expectations and projections of the executive board based on information available the date hereof. AIXTRON undertakes no obligation to revise or update any forward-looking statements as a result of new information, future events or otherwise, unless expressly required to do so by law.
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