Oct. 30, 2009 (PR Newswire) --
SAN DIEGO, Oct. 30 /PRNewswire-FirstCall/ -- Cymer, Inc. (Nasdaq: CYMI), the world's leading supplier of light sources used by chipmakers to create advanced semiconductor chips, today announced that the company's Board of Directors has appointed Paul B. Bowman as Senior Vice President, Chief Financial Officer and Secretary.
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Mr. Bowman has served as Cymer's Interim Chief Financial Officer since December 2008. He joined the company as Vice President of Investor Relations in May of 2008. Mr. Bowman has 28 years of experience in various financial management positions at Applied Materials, Unisys, and IBM. Prior to joining Cymer, he served for two years as the Chief Financial Officer of American Mold Guard, which was a Nasdaq listed company, in the home services industry.
"We appreciate Paul's financial leadership and contribution to the company during 2009 as we conducted our CFO search," said Bob Akins, Chairman and Chief Executive Officer of Cymer. "Paul has distinguished himself as a very capable executive, and we believe he will continue to contribute to the success of Cymer," concluded Akins.
Forward Looking Statements
Statements in this press release that are not strictly historical in nature are forward-looking statements. These statements include, but are not limited to statements regarding the industry's transition to extreme ultraviolet (EUV) lithography and the company's role in such transition and the company's future success and individual contributions to that success. These statements are predictions based on current information and expectations that involve a number of risks and uncertainties.