TSMC announced the appointment of Maria Marced as President of TSMC Europe, effective November 19. Ms. Marced will be responsible for driving the development, strategy, and management of TSMC Europe.

Ms. Marced succeeds Kees den Otter who has retired after significant contribution to TSMC growth in Europe during his five-year tenure as President of TSMC Europe.

Before joining TSMC Ms. Marced was Senior Vice President and General Manager of Sales and Marketing at NXP Semiconductors/Philips Semiconductors. Prior to that she served as Senior Vice President and General Manager of Philips Semiconductors’ Connected Multimedia Solutions Business Unit. Before joining Philips she was Vice President and head of Intel’s European operations.