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 Steen's appointment, the company will implement a streamlined three-member Executive Board structure consisting of CEO Michael Mertin as Chairman, CFO Gerrit Steen, and CTO Peter Griehsnig. Current board member Ingolf Schröder will step down from the Executive Board but will remain with the company by mutual agreement, continuing to lead the Business Unit Microelectronics as EVP.
Gerrit Steen brings more than 25 years of international finance leadership experience across Europe, Asia, the Middle East and the United States to AT&S. His background includes extensive expertise in financial strategy, transformation and global growth initiatives in both privately held and publicly listed companies. 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," said Steen. "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 strategic importance of the appointment, stating, "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."
AT&S is a leading global manufacturer of high-end IC substrates and printed circuit boards, developing and producing leading-edge interconnect technologies for key digital industries including mobile devices, automotive & aerospace, industrial, medical and high-performance computing for AI applications. The company operates production sites in Austria, China, Malaysia, and India, with a European competence center for R&D and IC substrate production in Leoben. AT&S currently employs approximately 13,000 people globally. Further information about the company can be found at www.ats.net.
