EANS-Adhoc: ams AG ams CEO John Heugle agrees to step down with immediate
effect; Kirk Laney to assume position of CEO
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Board of Directors (Appointments and Changes)
14.05.2013
Unterpremstaetten, Austria (14 May 2013) - ams (SIX: AMS), a leading provider of
high performance analog ICs and sensors, announces that the Supervisory Board
and CEO John Heugle have agreed that John Heugle will step down from the
position of CEO of the company with immediate effect. Kirk Laney, currently
heading the Optical Sensors and Lighting business unit and former CEO of TAOS
Inc., was elected to the management board and will assume the position of
interim CEO with immediate effect.
The Supervisory Board has already initiated the search for a permanent CEO and
has agreed with John Heugle that he will remain in a consulting role until the
end of the year to ensure continuity in key business initiatives as necessary.
The Supervisory Board and management of ams remain fully committed to excellence
in serving the company's worldwide customer base, employees and partners. The
Supervisory Board thanks John Heugle for his 11 years of outstanding leadership
and his passionate commitment to building a global leader in high performance
analog semiconductors.
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About ams
ams develops and manufactures high performance analog semiconductors that solve
its customers' most challenging problems with innovative solutions. ams'
products are aimed at applications which require extreme precision, accuracy,
dynamic range, sensitivity, and ultra-low power consumption. ams' product range
includes sensors, sensor interfaces, power management ICs and wireless ICs for
customers in the consumer, industrial, medical, mobile communications and
automotive markets.
With headquarters in Austria, ams employs over 1,300 people globally and serves
more than 7,800 customers worldwide. ams is the new name of
austriamicrosystems, following the 2011 acquisition of optical sensor company
TAOS Inc. ams is listed on the SIX Swiss stock exchange (ticker symbol: AMS).
More information about ams can be found at www.ams.com.
Further inquiry note:
Moritz M. Gmeiner
Director Investor Relations
Tel: +43 3136 500-31211
Fax: +43 3136 500-931211
Email: investor@ams.com
end of announcement euro adhoc
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issuer: ams AG
Tobelbader Strasse 30
A-8141 Unterpremstaetten
phone: +43 3136 500-0
FAX: +43 3136 500-931211
mail: investor@ams.com
WWW: www.ams.com
sector: Technology
ISIN: AT0000920863
indexes:
stockmarkets: official dealing: SIX Swiss Exchange
language: English