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 joining, 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.
Gerrit Steen brings over 25 years of international finance leadership experience across Europe, Asia, the Middle East and the United States. His expertise spans 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 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."
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, Austria, employing approximately 13,000 people worldwide.
This leadership restructuring comes at a critical time as AT&S positions itself to capitalize on accelerating digital transformation across multiple industries. The streamlined three-member Executive Board structure suggests a more agile decision-making process that could enhance the company's ability to respond to market opportunities in high-growth sectors like AI computing, automotive electronics, and medical technology. Steen's extensive international experience, particularly in Asia and the Middle East, could prove valuable as AT&S continues to expand its global footprint and navigate complex international markets.
The appointment signals AT&S's commitment to strengthening financial discipline while pursuing growth opportunities in digitalization and connectivity markets. For business leaders and investors tracking the semiconductor and electronics manufacturing sectors, this move represents a strategic alignment of financial expertise with technological capabilities at a company positioned at the intersection of multiple high-growth technology trends. Further information about the company can be found at https://www.ats.net.
