Coming on the heel of the resignations from Holger Jürgensen (deputy chairman of the supervisory board) and Karl-Hermann Kuklies (ordinary member of the supervisory board) of Aixtron, the company has announced that Paul Hyland, President and CEO, will leave the company by mutual agreement with effect as of February 28th, 2013, for personal reasons.

The Supervisory Board has appointed Martin Goetzeler (50), an internationally experienced top manager and industry expert, as Hyland's successor. Goetzeler will join the company on March 1st, 2013. Within the Executive Board, he will be responsible for the areas strategy, production, purchasing and logistics, investor relations and group communication.

Before his appointment Goetzeler served on the executive board of Siemens’ subsidiary Osram and also held various international leadership positions within the Siemens group. He is an acknowledged expert in the LED and lighting industry.

For many years, Martin Goetzeler served as President of the European Technology Platform Photonics21, which, among other things, advises the European Commission in determining major strategic research in the area of photonics.

His extensive experience in the target markets of Aixtron will further strengthen Aixtron‘s technology leading position in a period of considerable market change. Goetzeler says, “I am looking forward to the task of leading Aixtron as a leading provider of semiconductor technology production solutions along the way towards industrial mass production."

He adds, "We have the opportunity to address some of the current social megatrends such as energy efficiency and intelligent networking, which are dominated by LEDs, OLEDs and power electronics. There is substantial growth potential for Aixtron in all of these areas.”