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Meurice served as president and CEO for ASML between 2004 and 2013 after high-ranking positions with ITT Semiconductors andDell.
Its two most recent quarters saw revenue drop by 1%, and then 6%, year-over-year.
The welcome news comes four days after the companys CEO,Pat Gelsinger, resigned from his role.
For now, the search for Gelsingers replacement continues.
