Heineken Announces New Chairman

Heineken NV (OTC:HEINY) has announced the appointment of Peter Wennink as its new chairman. Wennink, the former CEO of ASML Holding NV (AS:ASML), will take over the role in April, succeeding Jean-Marc Huet. He currently serves as the vice-chair of Heineken (AS:HEIN)'s supervisory board.

The Dutch brewing giant highlighted Wennink's significant experience, which includes steering ASML to become the leading producer of advanced chipmaking machinery and the most valuable tech company in Europe.

Wennink's leadership transformed ASML from a relatively unknown entity into a prominent technology powerhouse. He transitioned leadership to Christophe Fouquet, who was the chief business officer, earlier this year.

Jean-Marc Huet is set to depart from his position at Heineken's annual meeting after an 11-year tenure on the supervisory board. He has been the chair since 2019.

In addition to Wennink's appointment, Heineken has nominated Alexander de Carvalho for the supervisory board. The nomination is seen as a continuation of the Heineken family's involvement in the company. De Carvalho brings expertise in finance, technology, and digital transformation to the board.

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