8-KLeadership Changes

COHERENT CORP. 8-K Report, Executive Changes (Jul 3, 2019)

Filed July 3, 2019For Securities:COHR

Summary

This 8-K filing by II-VI Incorporated (COHR) announces significant changes within its senior management team, effective July 1, 2019. The most notable change is the appointment of Walter R. Bashaw II as the new President of the company. While Mr. Bashaw steps into this presidential role, Vincent D. Mattera, Jr. will continue to serve as CEO and a board member, also taking on the additional responsibility of principal operating officer. Further management realignments include Giovanni Barbarossa moving to Chief Strategy Officer, Christopher Koeppen being appointed as the new Chief Technology Officer, and Gary A. Kapusta transitioning to Chief Procurement Officer. These shifts indicate a strategic restructuring aimed at optimizing leadership roles and leveraging executive expertise across key business functions.

Key Highlights

  • 1Walter R. Bashaw II appointed as President, effective July 1, 2019.
  • 2Vincent D. Mattera, Jr. remains CEO and Board member, and will also serve as Principal Operating Officer.
  • 3Giovanni Barbarossa reassigned from Chief Technology Officer to Chief Strategy Officer.
  • 4Christopher Koeppen appointed as the new Chief Technology Officer.
  • 5Gary A. Kapusta reassigned from Chief Operating Officer to Chief Procurement Officer.
  • 6These management changes are effective July 1, 2019.
  • 7The filing was made on July 3, 2019, by II-VI Incorporated (COHR).

Frequently Asked Questions

The primary purpose of this 8-K filing is to report significant changes in the senior management of II-VI Incorporated (COHR), including the appointment of a new President and realignments in other key executive positions.

Yes, Vincent D. Mattera, Jr. will continue in his role as Chief Executive Officer and as a member of the Board of Directors. He will also take on the additional role of Principal Operating Officer.

Walter R. Bashaw II has been appointed President. He previously served as Senior Vice President, Corporate Strategy and Development, Administration, and Interim General Counsel and Secretary. He also has a background as a Managing Shareholder and Director at the law firm Sherrard, German & Kelly, P.C.

Yes, the filing also notes that Giovanni Barbarossa is now Chief Strategy Officer, Christopher Koeppen is the new Chief Technology Officer, and Gary A. Kapusta is the Chief Procurement Officer.