Robin Ng retired as ASMPT’s Group CEO on August 11, 2026, and Bassel Haddad took over as Group CEO and Executive Director that day. Ng’s stated reason for stepping down was to devote more time to his family and personal pursuits. ASM Pacific Technology now brands itself as ASMPT.
Why is Robin Ng retiring?
ASMPT’s 2025 Annual Report says Ng chose to step down as Group CEO to spend more time on family and personal pursuits. He had worked at the company for more than 20 years, including six years as Group CEO and Executive Director, according to ASMPT’s August 11, 2026 announcement.
Who replaced him as ASMPT CEO?
Bassel Haddad succeeded Ng as Group CEO and Executive Director. ASMPT said the transition had first been announced in July and became effective August 11, 2026. Chairman of the Board John Lok said: “We are pleased to welcome Bassel Haddad as Group CEO. He assumes leadership of ASMPT with a clear corporate strategy, strong technology capabilities and an experienced global team already in place.”
When did the leadership change take effect?
Ng’s departure from the Board and his CEO handover were separate milestones:
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- Early May 2026: Ng’s term as an Executive Director concluded. Ng and Group Chief Strategy Officer Guenter Lauber had announced plans to retire from the Board when their terms ended. At the Board’s request, Ng remained CEO to support an orderly transition.
- August 11, 2026: Ng’s retirement as CEO took effect, and Haddad assumed the Group CEO and Executive Director roles.
What does ASMPT do?
ASMPT, formerly known as ASM Pacific Technology, supplies integrated hardware and software for semiconductor and electronics manufacturing. The company is listed on the Hong Kong Stock Exchange under code 0522.
What was ASMPT’s business context at the time?
In its August 11, 2026 announcement, ASMPT reported that first-half 2026 revenue from continuing operations rose 42.5% year over year to US$1.14 billion, and that Advanced Packaging achieved record half-year revenue. These are company-reported results; the announcement does not establish that the CEO succession caused them.
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