Mark Garvey has been appointed to the Executive Board of Exyte.
As CEO of Advanced Technology Facilities, Garvey is responsible for the Global Business Unit Advanced Technology Facilities. His additional responsibilities within the Executive Board are currently aligned with the shareholders and will be announced in due course.
Garvey will continue to work out of Singapore.
Garvey said: "I appreciate the trust placed in me by the shareholders. I look forward to shaping the future of Exyte as a board member with the motivated and dedicated global Exyte team. Our company has promising business opportunities in all our target industries. Exyte has all the prerequisites to continue to be successful in the future and to implement top-notch and innovative solutions for our clients."
Exyte CEO Dr Wolfgang Büchele added: "Mark Garvey is an expert within the global high-tech industries. He has played a crucial role in shaping the strategic development and success of Exyte in his previous roles. Under his visionary leadership, the Global Business Unit Advanced Technology Facilities has progressively expanded its leading role in its markets. I look forward to further collaborating with him."
Garvey joined Exyte's predecessor company, M+W Group, in 2015 as the CEO of the Asia Pacific region. In 2020, he took over as President of the Global Business Unit ATF which is the largest business unit of Exyte in terms of sales. In 2022, the Business Unit generated 6.4 billion euros, accounting for almost 87% of Exyte's total sales. The ATF business segment offers consulting and planning services, engineering, and design services, as well as full engineering-procurement-construction delivery (EPC) of manufacturing facilities as well as research and development facilities in the high-tech industry. Exyte’s Advanced Technology Facilities market includes primarily semiconductor facilities and manufacturing facilities for battery cells.
Before joining Exyte, Garvey worked for 25 years at the US company Foster Wheeler. During his tenure, he held various leadership and managerial positions, including responsibilities for business operations in the USA, Latin America, and Asia.
A successor for Garvey's role as President GBU Advanced Technology Facilities is currently being looked for.