EQS-News: Dr. Michael Mertin to be new CEO of AT&S AG

Dr. Michael Mertin to be new CEO of AT&S AG

New start at AT&S: As the new CEO, Dr. Michael Mertin, a German technology expert and top manager, will shape the future through innovation and entrepreneurship, together with all stakeholders, and lead the company into a new era. A highly qualified candidate has also been found for the Supervisory Board chairmanship: former Silicon Valley CEO Andy Mattes will succeed interim Chairman Dr. Georg Riedl.

Leoben, February 26, 2025 – With effect from May 1, 2025, Dr. Michael Mertin will serve as the new CEO of AT&S AG for the next three years. He will succeed Andreas Gerstenmayer, who stepped down from this position as of October 1, 2024. Dr. Michael Mertin held several senior management functions over the past decades, including the position of CEO of JENOPTIK AG for ten years.

“AT&S is an internationally renowned high-tech company that makes important electronic products for everyday life possible with its innovative customers and technologies. I myself have spent my training and my professional life in different fields of technology and with leading technology companies. Shaping the future through innovation and entrepreneurship will always be an exciting challenge – and I am thrilled to take up this challenge,” says Dr. Michael Mertin. “I look forward to actively shaping the company and continuing its positive development together with many new colleagues, our customers and the support of our shareholders and the Supervisory Board.”

Dr. Michael Mertin studied physics at RWTH Aachen and subsequently earned a PhD in laser material processing and surface technology at the Fraunhofer Institute for Laser Technology (FHG-ILT). Following a ten-year career at Carl Zeiss, Dr. Mertin joined JENOPTIK AG as CTO/COO and served as CEO from July 2007 until 2017. Until today, he has been active as an independent consultant at Dr.-Ing. Michael Mertin Management Consulting focusing on private equity and M&A, and carried out numerous acquisition and divestment projects. Furthermore, Dr. Mertin was President of the European technology platform Photonics 21, which designs the high-tech agenda of the EU in cooperation with the European Commission. He was also Chairman of the University Council of the Illmenau University of Technology and is an advisory board member of HDI Insurance Group and Deutsche Bank AG.

“After a comprehensive selection process, we are pleased that Dr. Michael Mertin, an experienced CEO with knowledge of the industry, has been chosen for the top position at AT&S,” says Supervisory Board Chairman Dr. Georg Riedl. “We are convinced that he will succeed in taking the company to the top of global microelectronics industry together with the AT&S team. On behalf of the Supervisory Board, I welcome Dr. Michael Mertin to the AT&S family. We wish him every success and look forward to working with him.”

New Supervisory Board appointment

A new appointment is also planned for the Supervisory Board. The Supervisory Board will propose to the upcoming Annual General Meeting to elect Andy Mattes to the Supervisory Board. Subsequently, Andy Mattes is to take on the role of Chairman of the Supervisory Board. “The Supervisory Board is proud to have found an excellently qualified candidate for the Chairmanship with Andy Mattes. He is a former Silicon Valley CEO and looks back on decades of experience in the USA,” says Dr. Georg Riedl, who was elected interim Chairman of the Supervisory Board after the passing of Dr. Hannes Androsch at the end of 2024. If Andy Mattes is elected Chairman by the Supervisory Board, Dr. Riedl will serve as First Deputy Chairman of the Supervisory Board.

Andreas Walter “Andy” Mattes is a German-American top manager, who studied business management at the University of Munich and made a career in Germany and the USA. After working for Siemens for two decades, he held senior management positions at Hewlett-Packard in California for seven years. He then served as CEO of Diebold Inc., where he was responsible for the acquisition of Wincor Nixdorf AG and subsequently for the merger of the two companies to form Diebold Nixdorf Inc. and was CEO from 2013 to 2017. Following that, he served Senior Advisor at McKinsey with a focus on business transformation. From 2020 to 2022, he was President and CEO of Coherent, Inc. – a globally leading manufacturer of lasers and photonic solutions – and implemented the very successful sale of this company to II-VI Incorporated. Andy Mattes has decades of experience serving on supervisory boards of listed companies on three continents. Among others, he serves as Deputy Chairman of the Supervisory Board of amsOSRAM AG.

“I would like to thank the Supervisory Board for the trust they place in me and I feel very honored,” Andy Mattes says about his nomination. “AT&S has become a global technology leader in interconnect technology over the past decades and counts the most renowned brands in the electronics industry among its customers, some of them for many years. AT&S is an exciting company with great future potential. I look forward to this new task and will bring my experience from the USA to the company.”

AT&S Austria Technologie & Systemtechnik Aktiengesellschaft – Advanced Technologies & Solutions

AT&S is a leading global manufacturer of high-quality IC substrates and printed circuit boards as well as a developer of pioneering interconnect technologies for the core areas of mobile devices, automotive & aerospace, industrial, medical and high-performance computing for VR and AI applications. AT&S has a global presence with production sites in Austria (Leoben, Fehring) and plants in India (Nanjangud) and China (Shanghai, Chongqing). A new high-end production facility for IC substrates is currently being ramped up in Malaysia (Kulim). A European competence center with connected series production for IC substrate technologies is being built in Leoben. Both sites are starting production in the financial year 2024/25. The company currently employs 13,000 people. For further information please visit www.ats.net