ASM nominates CEO and SB member for reappointment, SB chair to retire in 2027

Rhea-AI Summary

ASM International (ASMIY) announced the Supervisory Board intends to reappoint Hichem M’Saad as CEO and member of the Management Board for a second four-year term, with the reappointment to be submitted to the Annual General Meeting on May 11, 2026. The Board also intends to reappoint Supervisory Board member Marc de Jong for a two-year term (ending at the AGM in 2028).

The Supervisory Board is reassessing Mr. M’Saad’s remuneration to ensure competitiveness; any change will follow investor and proxy-advisor consultation and require AGM approval. Supervisory Board Chair Pauline van der Meer Mohr has expressed her intention to retire at the AGM 2027, with flexibility on the exact date depending on a successor.

Positive

• Intended CEO reappointment for a 4-year term (vote May 11, 2026)
• Hichem M’Saad employed at ASM since 2015, CEO since May 2024
• Intended reappointment of Marc de Jong for 2 years (through AGM 2028)

Negative

• Supervisory Board Chair intends to retire at AGM 2027, creating succession timing uncertainty
• CEO remuneration package under reassessment; changes require AGM approval and investor consultations

News Market Reaction – ASMIY

+7.17%

1 alert

+7.17% News Effect

On the day this news was published, ASMIY gained 7.17%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

CEO second term length: 4 years SB member term: 2 years AGM date: May 11, 2026 +5 more

8 metrics

CEO second term length 4 years Intended second term for Hichem M’Saad as CEO and Management Board member

SB member term 2 years Intended new term for Supervisory Board member Marc de Jong ending AGM 2028

AGM date May 11, 2026 AGM at which reappointments will be submitted for approval

Planned SB chair retirement AGM 2027 Intended retirement timing for Supervisory Board Chair

Initial Management Board appointment 2022 Year Hichem M’Saad joined Management Board for a four-year term

Join year at ASM 2015 Year Hichem M’Saad joined ASM as SVP and GM Thermal Products

First SB election May 28, 2018 Initial election date for Supervisory Board member Marc de Jong

SB chair reappointment term 4 years Supervisory Board Chair reappointed for four-year term in May 2025

Market Reality Check

Price: $784.79 Vol: Volume 4,410 vs 20-day av...

low vol

$784.79 Last Close

Volume Volume 4,410 vs 20-day average 8,099 (relative volume 0.54) low

Technical Price 643.69 is above 200-day MA 546.03, near 52-week high 661.33

Peers on Argus

Peers show mixed moves: TTDKY up 6.25%, others like BESIY (-0.03%) and LNVGY (+0...

Peers show mixed moves: TTDKY up 6.25%, others like BESIY (-0.03%) and LNVGY (+0.2%) are near flat, indicating stock-specific rather than broad sector momentum.

Historical Context

5 past events · Latest: Dec 08 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 08	Board nominations	Positive	+7.2%	CEO and SB member nominated for new terms; SB chair retirement flagged.
Oct 28	Earnings update	Negative	-7.3%	Q3 revenue growth but weaker new orders and softer outlook commentary.
Oct 08	Earnings call details	Neutral	+2.4%	Scheduling information for Q3 2025 results call and webcast only.
Sep 23	Investor Day targets	Neutral	-1.4%	Long-term 2030 growth targets alongside a reduced H2 2025 revenue outlook.
Aug 28	Investor Day announcement	Positive	+4.3%	Announcement of upcoming Investor Day and strategy-focused presentations.

Pattern Detected

Recent news reactions often align with the tone of the announcement, with governance and event updates generally seeing positive alignment and mixed fundamentals in earnings leading to negative moves.

Recent Company History

This announcement continues a series of governance and strategic updates from ASM International. In September 2025, the company set ambitious 2030 revenue and margin targets while softening its H2 2025 outlook. Q3 2025 results in late October showed solid margins but weaker orders, followed by an Investor Day and multiple communications about leadership visibility and strategy. The current nomination of the CEO and Supervisory Board member for new terms, and the planned 2027 retirement of the SB Chair, extend this governance transparency and continuity theme.

Market Pulse Summary

The stock moved +7.2% in the session following this news. A strong positive reaction aligns with pas...

Analysis

The stock moved +7.2% in the session following this news. A strong positive reaction aligns with past responses to governance clarity, as a prior leadership and strategy event saw a 7.17% move. Continuity for the CEO and Supervisory Board may have reinforced confidence given ASM’s position near its 52-week high and trading above its 200-day MA. Investors would still need to weigh this enthusiasm against earlier signals of softer orders and a tempered H2 2025 outlook when judging durability.

Key Terms

supervisory board, management board, forward-looking statements, inside information, +2 more

6 terms

supervisory board regulatory

"The Supervisory Board (SB) of ASM International N.V. ..."

A supervisory board is an independent oversight body that watches over a company’s executive managers, reviews strategy, approves major decisions, and hires or removes top executives. It acts like an impartial group of guardians or referees who make sure managers are running the business responsibly and within agreed rules. Investors care because strong oversight can reduce risks, improve accountability, and protect long‑term shareholder value.

management board regulatory

"for four years, as member of the Management Board and as CEO."

The management board is the group of senior executives who run a company’s daily operations and carry out its strategy, like a ship’s captain and officers steering and managing the crew. Investors watch this team because their decisions on budgeting, hiring, product direction and risk control directly affect revenue, costs and long‑term value; strong, trustworthy managers can boost returns while weak or erratic leadership can reduce them.

forward-looking statements regulatory

"Cautionary Note Regarding Forward-Looking Statements: All matters discussed..."

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

inside information regulatory

"This press release contains inside information within the meaning of Article 7(1)..."

Information not available to the public that, if known, would likely cause a company’s stock or bonds to rise or fall—for example, undisclosed earnings, deals, product results, or management plans. It matters because trading on that information gives an unfair advantage, can distort market prices, and is typically illegal or subject to strict rules, so investors watch for proper disclosure and compliance to protect fair, transparent markets.

eu market abuse regulation regulatory

"within the meaning of Article 7(1) of the EU Market Abuse Regulation."

A set of EU-wide rules that prevent cheating in financial markets by banning insider trading, market manipulation, and misleading disclosure; it also requires timely public release of key company information so everyone can play on a level field. For investors, it reduces the risk that prices are driven by secret deals or false signals, making markets fairer and more reliable for deciding when to buy or sell — like referees enforcing fair play in a game.

semiconductor devices technical

"design and manufacture equipment and process solutions to produce semiconductor devices..."

Semiconductor devices are tiny electronic components made from materials that can control the flow of electricity, allowing them to switch, amplify or process electrical signals inside gadgets and systems. Investors care because these components are the building blocks of computing, communications and many modern products—demand, supply constraints, production capacity and technological advances directly affect company revenues, profit margins and industry competitiveness, much like engines determine how well different cars perform.

AI-generated analysis. Not financial advice.

Almere, The Netherlands
December 8, 2025, 6:00 p.m. CET

The Supervisory Board (SB) of ASM International N.V. (Euronext Amsterdam: ASM) announced today that it intends to reappoint Mr. Hichem M’Saad for a second term, for four years, as member of the Management Board and as CEO. It also intends to reappoint Supervisory Board Member Mr. Marc de Jong for a new term of two years. Supervisory Board Chair Ms. Pauline van der Meer Mohr has expressed her intention to retire as per the Annual General Meeting (AGM) 2027, while allowing for flexibility regarding her exact retirement date depending on the availability of a suitable successor. The reappointments will be submitted to the AGM on May 11, 2026. 

Reappointment Chair of the Management Board and CEO Mr. M’Saad
Mr. M’Saad was appointed to the Management Board in 2022 for a four-year term, initially as Chief Technology Officer, and as Chair of the Management Board and CEO in May 2024. He joined ASM in 2015 as Senior Vice President and General Manager of the Thermal Products business unit. The Supervisory Board is currently reassessing his remuneration package to ensure it remains competitive, taking into account the compensation levels of ASM’s peers, and to secure Mr. M’Saad commitment for a second term as CEO. A change to his remuneration package will follow the usual consultation process with investors and proxy advisors and will be subject to AGM approval.

Pauline van der Meer Mohr, Chair of the Supervisory Board, commented: “We are delighted that Hichem M’Saad is available for reappointment as CEO. During his tenure, Mr. M’Saad made a crucial contribution to the success of ASM, and we are confident he will continue to do so in his second term. We are very happy to nominate him for reappointment in this role.” 

Reappointment SB member Marc de Jong
Mr. De Jong was initially elected as a member of the Supervisory Board on May 28, 2018, for a period of four years and reappointed for a period of four years on May 16, 2022. The Supervisory Board intends to reappoint Mr. De Jong for a two-year term (ending at the AGM in 2028), because of his unique skillset, comprising amongst others technology, sustainability and finance. 

Planned retirement SB Chair Pauline van der Meer Mohr
Furthermore, the Supervisory Board announced its Chair, Ms. Van der Meer Mohr, has expressed her intention to retire as per the AGM 2027 for personal reasons while allowing for flexibility regarding her exact retirement date depending on the availability of a suitable successor. Ms. Van der Meer Mohr was elected as a member of the Supervisory Board on September 29, 2021, for a period of four years, and appointed Chair of the Supervisory Board per May 16, 2022. She was reappointed for a four-year term in May 2025.

About ASM International
ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International's common stock trades on the Euronext Amsterdam Stock Exchange (symbol ASM). For more information, visit ASM's website at www.asm.com.
Cautionary Note Regarding Forward-Looking Statements: All matters discussed in this press release, except for any historical data, are forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These include, but are not limited to, economic conditions and trends in the semiconductor industry generally and the timing of the industry cycles specifically, currency fluctuations, corporate transactions, financing and liquidity matters, the success of restructurings, the timing of significant orders, market acceptance of new products, competitive factors, litigation involving intellectual property, shareholders or other issues, commercial and economic disruption due to natural disasters, terrorist activity, armed conflict or political instability, changes in import/export regulations, epidemics and other risks indicated in the Company's reports and financial statements. The Company assumes no obligation nor intends to update or revise any forward-looking statements to reflect future developments or circumstances.
This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

Contact Investor and media relations Victor Bareño T: +31 88 100 8500 E: investor.relations@asm.com

Investor relations Huiying Jing T: +31 88 100 824 E: investor.relations@asm.com

Attachment

• 20251208 - ASM nominates CEO and SB member for reappointment, SB chair to retire in 2027

FAQ

What did ASM (ASMIY) announce about CEO Hichem M’Saad on December 8, 2025?

The Supervisory Board intends to reappoint Hichem M’Saad as CEO and Management Board member for a four-year term, to be voted at the AGM on May 11, 2026.

When will the ASM (ASMIY) reappointments be submitted to shareholders?

The reappointments will be submitted to the Annual General Meeting on May 11, 2026.

What change is planned for ASM CEO compensation (ASMIY)?

The Supervisory Board is reassessing the CEO’s remuneration package to remain competitive; any change will follow investor and proxy-advisor consultation and need AGM approval.

When does ASM (ASMIY) expect the Supervisory Board chair to retire?

The Chair, Pauline van der Meer Mohr, has expressed her intention to retire as per the AGM 2027, with flexibility on the exact date pending a suitable successor.

How long is Marc de Jong’s intended reappointment to ASM’s Supervisory Board (ASMIY)?

The Supervisory Board intends to reappoint Marc de Jong for a two-year term ending at the AGM in 2028.