Frank P. Averdung joined Oxford PV as Chief Executive Officer in July 2015. He has over 30 years of experience in the Semiconductor industry in leading technology driven organisations, from small startups to large organisations with more than 1000 employees.
Prior to joining Oxford PV Frank was President and CEO of SUSS MicroTec AG, a German manufacturer of semiconductor equipment with up to 250 mio US$ of sales. Under his leadership the company became listed in the "TecDAX", the stock market index for the top 30 publicly traded technology companies in Germany.
Having an engineering background (holding the equivalent of a master’s degree in Electrical Engineering from the Technical University Aachen, Germany) Frank spent the first 10 years of his career with semiconductor device companies like Siemens, National Semiconductors and ITT Semiconductors. During this time he held several sales and marketing roles from Key Account Manager, Product Manager to Marketing Director.
In 1995 Frank moved to the equipment side of the semiconductor industry and General Manager at Applied Materials and Managing Director of Etec Systems Europe.
As CEO of the startup "NawoTec GmbH" he led the successful development and market introduction of semiconductor manufacturing equipment utilising a breakthrough proprietary technology. He sold the company to the German conglomerate Carl Zeiss AG where he became CEO of the enlarged Business Unit and later President and CEO of Carl Zeiss' US Operations based in Massachusetts.
Frank has a proven track record in enhancing companies' values equally by acquiring and divesting businesses and technologies.