Coherent Corp. (NYSE:COHR) shares are trading higher after the Board of Directors has appointed Jim Anderson as the new Chief Executive Officer, effective today.
Anderson is succeeding Vincent D. Mattera, Jr., who, as previously announced, is retiring as Chair and CEO of Coherent.
Anderson joined Coherent from Lattice Semiconductor Corporation (NASDAQ:LSCC), where he served as President, Chief Executive Officer, and a member of its Board of Directors. Lattice Semiconductor's stock plunged following Anderson's departure.
Prior to joining Lattice in 2018, Anderson was senior vice president and general manager of Advanced Micro Devices, Inc's (NASDAQ:AMD) Computing and Graphics business group.
He previously held leadership positions in general management, engineering, sales, marketing, and strategy at several companies.
Anderson holds an MBA and Master of Science in electrical engineering and computer science from the Massachusetts Institute of Technology, a Master of Science in electrical engineering from Purdue University, and a Bachelor's degree in electrical engineering from the University of Minnesota.
Enrico DiGirolamo, Board Chair, said, "Jim's business acumen and technical capability, coupled with his extensive experience transforming complex global businesses to deliver above-market growth and profitability, make him the ideal leader to steer Coherent through its next chapter amidst a rapidly changing market."
"I am confident that Coherent will benefit from Jim's operational expertise, innovation-first approach, and in-depth knowledge of our market and platform, as we capitalize on the strong market demand we see across our AI-related datacom portfolio and improving industrial market, while leveraging our diversification strategy that continues to serve us well."
Last month, Coherent launched next-generation high-power laser sensor, which is designed to support the expanding high-power applications market and can reduce measurement times by up to 500%.
Investors can gain exposure to the stock via ProShares Nanotechnology ETF (NYSE:TINY) and SPDR S&P Kensho Final Frontiers ETF (NYSE:ROKT).
Price Action: COHR shares are up 18.3% at $67.52 at the last check Monday.
董事會任命吉姆·安德森爲新任首席執行官後，Coherent Corp.（紐約證券交易所代碼：COHR）的股價走高，此前該行情於今天生效。
安德森將接替小文森特·馬特拉，正如先前宣佈的那樣，後者即將退休，擔任Coherent的董事長兼首席執行官。
安德森從萊迪思半導體公司（納斯達克股票代碼：LSCC）加入Coherent，他曾擔任該公司的總裁、首席執行官和董事會成員。安德森離職後，萊迪思半導體的股票暴跌。
在2018年加入萊迪思之前，安德森曾擔任先進微設備公司（納斯達克股票代碼：AMD）計算和顯卡業務組的高級副總裁兼總經理。
他之前曾在多家公司擔任綜合管理、工程、銷售、營銷和戰略方面的領導職務。
安德森擁有麻省理工學院電氣工程和計算機科學工商管理碩士學位和理學碩士學位、普渡大學電氣工程理學碩士學位和明尼蘇達大學電氣工程學士學位。
董事會主席恩里科·迪吉羅拉莫表示：“吉姆的商業頭腦和技術能力，加上他在改造複雜的全球業務以實現高於市場的增長和盈利能力方面的豐富經驗，使他成爲在瞬息萬變的市場中引領Coherent邁入下一個篇章的理想領導者。”
“我相信，Coherent將受益於Jim的運營專業知識、創新優先的方法以及對我們市場和平台的深入了解，因爲我們將利用我們在人工智能相關數據通信產品組合和不斷改善的工業市場中看到的強勁市場需求，同時利用繼續爲我們提供良好服務的多元化戰略。”
上個月，Coherent推出了下一代高功率激光傳感器，該傳感器旨在支持不斷擴大的高功率應用市場，可將測量時間縮短多達500％。
投資者可以通過ProShares納米技術ETF（紐約證券交易所代碼：TINY）和SPDR標普Kensho Final Frontiers ETF（紐約證券交易所代碼：ROKT）獲得股票敞口。
價格走勢：在週一的最後一次檢查中，COHR股價上漲18.3％，至67.52美元。
