Massachusetts-based Onto Innovation (NYSE: ONTO) appoints Dr. Stephen Schwartz to its board of directors.
Dr. Stephen brings over 25 years of strong technical leadership experience in high technology companies to Onto’s board of directors. He has been associated with Azenta, Inc. since 2010, and is currently the president and CEO of the company, erstwhile Brooks Automation, Inc. Brooks Automation provided manufacturing automation solutions for the semiconductor industry and life sciences. In February 2022, under Dr. Stepehen’s leadership, the company separated its business into two different companies – Azenta operating in the life sciences market and Brooks Automation operating in the semiconductor industry.
He recently announced his retirement from Azenta.
Prior to Brooks Automation, Dr. Stephen served as the president, CEO and chairman of Asyst Technologies, Inc. Before this, he was the president of Consilium Inc., an Applied Materials company from where he started his career.
“Steve brings significant executive leadership experience to the Onto Innovation board of directors. He has a long and impressive history of CEO experience serving many of Onto’s customers with state-of-the-art hardware and software automation systems. We expect his broad technology experience and knowledge of the semiconductor business as an Onto peer will bring great insights to our board,” said Christopher Seams, chairman of Onto Innovation’s board of directors.
Dr. Schwartz remarked, “Onto Innovation is a strategic global partner for many of the leading semiconductor companies engaged in advanced logic and memory, especially for those that support the latest artificial intelligence (AI) trends. With exposure to a number of long-term secular drivers, Onto is well positioned to outgrow the semiconductor industry in coming years. I particularly value their focus on collaborative partnerships and their ability to deliver innovations that help improve yield and reduce cost. I am looking forward to contributing to this talented team.”
“Steve brings a fresh perspective to our board of directors, having both semiconductor and industrial company experience in his career. In addition, his successful leadership at automation and robotics companies and service organizations provides a valuable perspective as Onto Innovation focuses on its own transformation and future growth within the semiconductor process control industry,” said Mike Plisinski, chief executive officer of Onto Innovation.
