Management Board biographies
The Management Board consists of three members: the CEO, the CFO, and the CTO. Read more on ASM's Management Board biographies below, along with its rules, and the remuneration policy.
Benjamin Loh - Chairman of the Management Board, President and CEO
Mr. Loh was appointed as Chair of the Management Board and President and Chief Executive Officer on May 18, 2020, for a period of four years.
Mr. Loh worked for Oerlikon Corporation from the late 1990s until 2005. He became senior vice president in 2002 and was responsible for Asia until 2005. He then joined Veeco Instruments Inc., an American thin-film process semiconductor equipment manufacturer, as senior vice president and general manager for Asia, before becoming executive vice president responsible for global field operations. In 2007, he moved to FEI company as senior executive, holding various positions responsible for sales and service, global business operations, and finally as chief operating officer.
In 2015, Mr. Loh joined VAT Vacuum Valves, based in Switzerland, as executive vice president and member of the Group Management Board, where he was responsible for and led worldwide sales and marketing until late 2017. Mr. Loh is a non-executive director of ASMPT, and in the past also held positions as non-executive director in several companies (Schneeberger, Schweiter Technologies AG, and Liteq BV). He was also an advisory board member of Semi China.
Mr. Loh has a wealth of experience working in the electronics and semiconductor industry, and vast experience as a leader. Mr. Loh has a bachelor’s degree in electronic engineering from the Tohoku University in Japan.
He is of Singaporean nationality, but has spent the last 30 years living mostly outside of Singapore – in Japan, Hong Kong, China, the UK and the US.
Paul Verhagen - Member of the Management Board and CFO
Mr. Verhagen was appointed as member of the Management Board with effect from June 1, 2021 by the Annual General Meeting of May 17, 2021. Following this appointment, he was appointed as CFO from June 1, 2021 by the Supervisory Board.
Mr. Verhagen has a proven track record and background in Dutch listed companies and the electronics industry. He made a career within Royal Philips – starting in the early 90s and until 2013, he fulfilled numerous executive positions in the Netherlands, the US, Hong Kong, and China.
His last two assignments – from 2007 until 2013 – were as executive vice president and CFO of Philips Consumer Lifestyle, and executive vice president and CFO of Philips Lighting. In 2014, he became the CFO and member of the Management Board of the Dutch stock listed company Fugro N.V.
Mr. Verhagen is a non-executive director of ASMPT Ltd. He is a Dutch national, holds a Master of Business Administration degree, and has a post-graduate degree as Chartered Controller.
Hichem M'Saad - Member of the Management Board and CTO
Mr. M’Saad was appointed as a member of the Management Board and Chief Technology Officer as of May 16, 2022.
As CTO, Mr. M’Saad oversees ASM’s technical product portfolio, platform group, and future technologies and innovation. Mr. M’Saad joined ASM in 2015 as the senior vice president and general manager of the Thermal Products business unit. From 2019, he held the role of executive vice president and general manager of Global Products, including responsibility for developing ASM’s ALD, Epi, VF, and PECVD products. In addition, he has been instrumental in several of ASM’s successful new innovative products, including the Intrepid ES, Synergis, Previum, and A400 DUO.
Before joining ASM, he had a 15-year tenure with Applied Materials. He started his career as a process development engineer working on various dielectric CVD applications. He rose to the level of corporate VP and general manager of the Dielectric Systems and Modules (DSM) and the Chemical Mechanical Polishing (CMP) divisions. He also served as CEO of a start-up in the solar photovoltaic industry for six years.
Mr. M’Saad received a bachelor’s degree in metallurgical engineering from the Colorado School of Mines, a master’s degree in materials science & engineering from Cornell University, and a PhD in electronic materials science from the Massachusetts Institute of Technology. He has written 57 technical articles and holds nearly 200 granted patents. He is a US and Tunisian national.