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.
董事会任命吉姆·安德森为新任首席执行官后，Coherent Corp.（纽约证券交易所代码：COHR）的股价走高，此前该行情于今天生效。
安德森将接替小文森特·马特拉，正如先前宣布的那样，后者即将退休，担任Coherent的董事长兼首席执行官。
安德森从莱迪思半导体公司（纳斯达克股票代码：LSCC）加入Coherent，他曾担任该公司的总裁、首席执行官和董事会成员。安德森离职后，莱迪思半导体的股票暴跌。
在2018年加入莱迪思之前，安德森曾担任先进微设备公司（纳斯达克股票代码：AMD）计算和显卡业务组的高级副总裁兼总经理。
他之前曾在多家公司担任综合管理、工程、销售、营销和战略方面的领导职务。
安德森拥有麻省理工学院电气工程和计算机科学工商管理硕士学位和理学硕士学位、普渡大学电气工程理学硕士学位和明尼苏达大学电气工程学士学位。
董事会主席恩里科·迪吉罗拉莫表示：“吉姆的商业头脑和技术能力，加上他在改造复杂的全球业务以实现高于市场的增长和盈利能力方面的丰富经验，使他成为在瞬息万变的市场中引领Coherent迈入下一个篇章的理想领导者。”
“我相信，Coherent将受益于Jim的运营专业知识、创新优先的方法以及对我们市场和平台的深入了解，因为我们将利用我们在人工智能相关数据通信产品组合和不断改善的工业市场中看到的强劲市场需求，同时利用继续为我们提供良好服务的多元化战略。”
上个月，Coherent推出了下一代高功率激光传感器，该传感器旨在支持不断扩大的高功率应用市场，可将测量时间缩短多达500％。
投资者可以通过ProShares纳米技术ETF（纽约证券交易所代码：TINY）和SPDR标普Kensho Final Frontiers ETF（纽约证券交易所代码：ROKT）获得股票敞口。
价格走势：在周一的最后一次检查中，COHR股价上涨18.3％，至67.52美元。
