Coherent announced that its Chief Executive Officer James R. Anderson will assume the additional role of President, effective September 1, 2024. This appointment follows the previously announced resignation of Walter R. Bashaw II, who will depart from the company on September 6, 2024.The company confirmed that Anderson's appointment as President involves no new material compensation arrangements or agreements. There are no special arrangements or understandings with other parties regarding his appointment, and he has no direct or indirect material interest in any reportable transactions with the company.

Coherent announced that its Chief Executive Officer James R. Anderson will assume the additional role of President, effective September 1, 2024. This appointment follows the previously announced resignation of Walter R. Bashaw II, who will depart from the company on September 6, 2024.The company confirmed that Anderson's appointment as President involves no new material compensation arrangements or agreements. There are no special arrangements or understandings with other parties regarding his appointment, and he has no direct or indirect material interest in any reportable transactions with the company.