Gerrit Steen Appointed Chief Financial Officer at AT&S: A Strategic Move for Growth
In a significant development for the Austrian technology firm AT&S, the Supervisory Board has officially appointed Gerrit Steen as the Chief Financial Officer (CFO) and member of the Executive Board, effective February 1, 2026. This appointment signals a decisive step in enhancing the company’s management structure, which will now consist of three members: CEO Michael Mertin, CFO Gerrit Steen, and Chief Technology Officer (CTO) Peter Griehsnig. Although Ingolf Schröder will step down from the Executive Board, he will continue to contribute to the company as Executive Vice President (EVP) leading the Business Unit Microelectronics.
Steen’s appointment comes at a pivotal time for AT&S, which specializes in advanced semiconductor and circuit board technologies vital to the burgeoning fields of digitalization and electrification. With over 25 years of international experience spanning Europe, the Middle East, Asia, and the United States, Steen stands out as a formidable leader in the finance sector. His past roles include Group CFO at DAMAC Group, a prominent investment and real estate conglomerate based in Dubai, where he oversaw operations yielding revenues in excess of USD 5 billion. Before that, Steen held senior executive positions within the Fresenius Group and the technology company Heraeus, steering financial strategies and operational transformations in diverse markets.
The impact of Steen’s expertise on AT&S is expected to be profound. He brings a wealth of knowledge in financial management, risk assessment, and strategic growth, having effectively led finance and growth initiatives in both publicly traded and privately held organizations. “I am very pleased to have the opportunity to join such a renowned high-tech company as AT&S as CFO,” Steen remarked, underscoring the company’s strong technological capabilities and its readiness to capitalize on global trends such as digitalization and connectivity. He expressed his commitment to steering the financial health of AT&S toward sustainable and profitable growth through precise capital allocation and discipline in financial management.
Andy Mattes, the Chairman of the Supervisory Board of AT&S AG, echoed Steen’s sentiments, emphasizing the value that Steen’s global experience and expertise will bring to the company’s strategic trajectory. “We are pleased to welcome Gerrit Steen, a highly accomplished financial expert with decades of global experience, to AT&S. His vast knowledge in financial strategy and transformation will be invaluable as we drive the future development of our company,” said Mattes.
This transition also reflects a broader trend within the technology sector, where agile leadership and expert financial oversight have become imperative for companies striving to maintain competitiveness in a rapidly changing global landscape. AT&S, known for its commitment to innovation, appears well-positioned to harness these changes effectively. As industries pivot towards digital frameworks and sustainable technology solutions, the role of financial leadership becomes increasingly critical.
Moreover, the restructured Executive Board signifies AT&S’s strategic intent to enhance alignment between its financial strategies and technological advancements. By streamlining its leadership, the company aims to facilitate decisive decision-making processes, ensuring that it remains at the forefront of technological innovation and market responsiveness.
Steen’s appointment also reflects the company’s commitment to global expansion and risk management as AT&S looks to deepen its footprint in international markets. His proven track record in different geographical regions is expected to enhance AT&S’s approach to navigating complexities and capitalizing on opportunities in untapped segments.
As the company moves forward under this revamped leadership, all eyes will be on its performance and the implementation of strategic initiatives aimed at maximizing growth and profitability. The combination of seasoned leadership in finance and a robust technological foundation positions AT&S favorably within the high-tech industry landscape, promising a future defined by innovation and resilience.
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