Kateeva announced the appointment of May Su as CEO and member of the Board. 

Su takes over from Alain Harrus who held the role since 2013. 

She joined Kateeva in 2018 as chief marketing officer. Over time, her responsibilities expanded to include senior VP of sales.

Harrus becomes chairman emeritus and will serve Kateeva as an advisor.

The CEO transition is among several executive moves implemented as part of a company restructuring due to a significant change in business conditions. 

Co-Founder Conor Madigan stepped down as president, although he remains on the board. 

Five longtime Kateeva executives were promoted to the new leadership team: CFO Mary Loomas; David Duke, senior VP of sales and service; Alex Ko, senior VP of engineering; Christopher Hauf, VP of Technology; and Sunil Goudar, senior director of Operations and Manufacturing. 

Co-Founders Gerry Chen and Valerie Gassend remain with the company.

The new leadership is focused on enabling global customers with advanced technology solutions for OLED display manufacturers. 

The company is extending its reach to enable emerging applications like stretchable OLEDs, and more. With a tighter infrastructure that includes a full-service team in China, the company can move fast to build equipment for manufacturers’ differentiated processes that deliver high-yield, low cost-of-ownership advantages.

“We’re pleased to name May as Alain’s successor. Her keen understanding of customers’ technology challenges and market priorities helped Kateeva become a world-class solutions partner to global display manufacturers," Kateeva Board Member Henry Wang said. "As a business leader with deep connections in China and throughout Asia, she’s the right executive to maximize Kateeva’s potential and value in this new phase.”

“Kateeva has always stood out for its talent and capacity to innovate novel technology solutions," Su added. "We’re a smaller company today, but more focused than ever on enabling customers in the display space and beyond with highly differentiated equipment. I’m excited to lead the team.”

Wang also paid tribute to Harrus and Madigan: “Thanks to their vision, leadership and fortitude, nearly every high-end smartphone produced today was enabled by a Kateeva tool. They turned a novel technology concept into a breakthrough equipment solution that helped the display industry fulfill the potential of OLED technology. We appreciate their continued contribution.”