8-KLeadership ChangesExhibits & Filings

COHERENT CORP. 8-K Report, Executive Changes (Nov 6, 2013)

Filed November 6, 2013For Securities:COHR

Summary

This Form 8-K filing from II-VI Incorporated (now Coherent Corp.) on November 6, 2013, primarily reports the departure of its Chief Financial Officer and Treasurer, Craig A. Creaturo. Mr. Creaturo announced his intention to resign on November 5, 2013, and will continue in his role until a successor is appointed. He will remain with the company in an advisory capacity for six months following his departure to ensure a smooth transition. While the filing itself is brief, the accompanying press release (Exhibit 99.1) would likely contain further details regarding this executive transition and potentially provide context on the reasons for the departure and the company's succession plan. Investors should pay close attention to any information released in the press release regarding the ongoing search for a new CFO and any immediate impacts on the company's financial operations.

Key Highlights

  • 1Chief Financial Officer and Treasurer, Craig A. Creaturo, has resigned.
  • 2Mr. Creaturo's resignation was announced on November 5, 2013.
  • 3The company has initiated a search for a new CFO.
  • 4Mr. Creaturo will remain in his current role until a successor is hired.
  • 5He will continue to be employed by the company until February 28, 2014.
  • 6Mr. Creaturo will provide advisory support for an additional six months post-employment for transition.
  • 7Exhibit 99.1 contains a press release dated November 6, 2013, likely providing more details.

Frequently Asked Questions

Craig A. Creaturo, the Chief Financial Officer and Treasurer of II-VI Incorporated, is departing.

Mr. Creaturo will continue in his role until his successor is hired. He will remain employed by the company until February 28, 2014, and will then serve in an advisory capacity for an additional six months to facilitate a transition.

II-VI Incorporated has commenced a search for a new Chief Financial Officer and Treasurer.

The primary event reported is the CFO's resignation. The filing also notes that a press release dated November 6, 2013, is included as an exhibit, which may contain additional important information.