IPG Photonics Announces Leadership Transition
IPG Photonics Corporation (IPGP)
Last ipg photonics corporation earnings: 2/13 08:00 am
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Source: GlobeNewswire
Mark Gitin Appointed Next Chief Executive Officer and to Board of Directors Co-Founder Dr. Eugene Scherbakov to Remain a Member of the Board MARLBOROUGH, Mass., April 30, 2024 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) (“IPG” or the “Company”) today announced that its Board of Directors (the “Board”) has appointed Mark Gitin, 57, as the next Chief Executive Officer of the Company and as a member of the Board, effective June 5, 2024. Dr. Gitin’s appointment follows a robust succession planning process, which was conducted with the assistance of a leading independent search firm and considered both internal and external candidates. Following Dr. Gitin’s addition, the Board will expand to 11 members. Dr. Gitin will succeed Dr. Eugene Scherbakov, 76. Dr. Scherbakov is a co-founder of IPG and has spent 30 years with the Company. He will remain a member of the Board and serve as an advisor to the newly appointed CEO. Dr. Gitin currently oversees the Photonics Soluti
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- Investing in IPG (IPGP)? Don't Miss Assessing Its International Revenue Trends [Yahoo! Finance]Yahoo! Finance
- IPG Photonics First Quarter 2024 Earnings: EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
- IPG Photonics Co. (NASDAQ: IPGP) had its price target lowered by analysts at Citigroup Inc. from $74.00 to $68.00. They now have a "sell" rating on the stock.MarketBeat
IPGP
Earnings
- 4/30/24 - Beat
IPGP
Sec Filings
- 5/9/24 - Form 4
- 5/9/24 - Form ARS
- 5/9/24 - Form DEF
- IPGP's page on the SEC website