5 September 2018

Veeco’s president Bill Miller to become CEO as John Peeler transitions to executive chairman; CFO Maheshwari adds COO role

© Semiconductor Today Magazine / Juno PublishiPicture: Disco’s DAL7440 KABRA laser saw.

Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA says that chairman & CEO John Peeler will transition to the role of executive chairman, effective 1 October. Current president William J. Miller will become CEO and will join the board of directors, bringing its size to eight. Additionally, Shubham (Sam) Maheshwari will be named chief operating officer and will continue in his role as chief financial officer.

Peeler joined Veeco in 2007 as CEO and became chairman of the board in 2012. As executive chairman, he will work with Miller and the board to ensure an effective transition of management.

“With his impressive background and track record of notable achievements across strategic, product development and operational assignments, there is no one better suited than Bill to take over the helm as Veeco looks forward to its next chapter,” believes Peeler.

Over the last 16 years, Miller has held a variety of roles within Veeco. He became president in 2016, overseeing all of Veeco’s global business units. Previously, he guided the strategic direction and product development for the MOCVD and Ion Beam product lines and was responsible for the global operations organization. Prior to joining Veeco, Miller held engineering and operations leadership roles with Advanced Energy and Exxon Corp. He holds BS, MS and PhD degrees in mechanical engineering from the University of Pennsylvania.

“I want to thank John for his guidance and building such a strong leadership team,” says Miller. “I intend to build on this legacy while discovering new opportunities to leverage the company’s outstanding technology and unmatched talent,” he adds.

“When John joined the company in 2007, Veeco was considered a data storage and metrology company,” notes lead independent director Richard D’Amore. “John’s vision and focus on execution transformed Veeco to be on the leading edge of the compound semiconductor and advanced packaging markets… Bill will build upon his progress.”

Maheshwari joined Veeco in 2014 with more than 20 years of experience in finance. He previously held senior and executive level positions in the semiconductor industry at KLA-Tencor, Spansion and OnCore. Maheshwari holds BS and MS degrees in chemical engineering and an MBA from the Wharton School of Business. Working side-by-side with Miller, he will be charged with advancing Veeco’s operations, customer satisfaction and profitability.

Tags: Veeco MOCVD MBE

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