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Veeco change of administrative team: appointment of new executive chairman and CEO

Yesterday, Veeco Instruments Inc. announced that Chairman and chief executive officer John Peeler will take the post of executive chairman in October 1, 2018. The incumbent president, Bill Miller, will be chief executive and will join the board of directors so that the number of directors will reach 8. In addition, Shubham Maheshwari will be appointed chief operating officer and will continue to serve as chief financial officer.

John Peeler joined Veeco as chief executive in 2007 and became chairman of the board in 2012. As executive chairman, he will work closely with Bill Miller and the board of directors to ensure effective transition of management.

John Peeler said, "with the impressive background of Bill Miller and the remarkable achievements made in strategy, product development and operation tasks, no one is better suited to steer." he and the executive team have the industry experience to carry out the vision of Veeco, and continue to work to achieve tomorrow's technological breakthrough. "

Bill Miller has held various positions in Veeco. He became president in 2016 and oversees all Veeco's global business units. Prior to that, he directed the strategic direction and product development of the company's MOCVD and Ion Beam product lines, and was responsible for the global operation of the company.

Before joining the Veeco, Miller served as a leading position in the engineering and operation departments of Advanced Energy and Exxon.

Shubham Maheshwari joined Veeco in 2014 and brought over 20 years of engineering and financial experience to Veeco. He is responsible for finance, investor relations, information technology, supply chain and global manufacturing functions.

Before joining Veeco, he worked as a chief financial officer in KLA-Tencor, Spansion and OnCore in semiconductor industry.

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