Veeco CEO Braun to step aside

November 27, 2006 – Edward Braun, chairman and CEO of Veeco Instruments Inc., plans to transition out of the CEO role during 2007. He will continue as CEO until a replacement is selected by a succession planning committee, led by independent director Roger McDaniel.

Braun took over as Veeco CEO in July, when Don Kania left to become president and CEO of FEI Co. Veeco said at the time it would not replace the president/COO position.

“The board and I believe it is appropriate for us to focus on CEO succession planning, and the separation of CEO and chairman positions will help Veeco achieve its potential growth to be a $1 billion company in the years to come,” said Braun, in a statement.


Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.