ASML to appoint Fouquet chief executive when Wennink retires next year

Christophe Fouquet will take over at a critical time as the world’s most advanced producer of chipmaking machines is caught up in rising geopolitical tensions

ASML has gone from a bit player competing with the likes of Nikon and Canon to the world’s only maker of very high-end semiconductor lithography equipment. Picture: Getty.

ASML, the most valuable technology company in Europe, plans to appoint Christophe Fouquet as chief executive officer and president when its two co-presidents retire next year.

Fouquet, currently the Dutch firm’s chief business officer, is slated to take the helm when the terms of Peter Wennink, chief executive, and Martin van den Brink, chief technology officer, expire in April, the company said in a statement on Thursday. The appointment is subject to notification at ASML’s ...