Coherent Appoints Rob Beard as Chief Legal and Global Affairs Officer
Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, has appointed Rob Beard as the new Chief Legal and Global Affairs Officer and Corporate Secretary, effective immediately. Beard replaces retiring Chief Legal Officer Ron Basso. The company has also promoted Marie Batz Martin to Chief Compliance Officer, reporting to Beard.
Beard joins Coherent from Mastercard, where he held the same position. He previously spent nearly a decade at Micron Technology, including roles as General Counsel and Corporate Secretary. With over 20 years of experience in the technology industry, Beard's background includes significant M&A work and international policy experience.
CEO Jim Anderson expressed confidence in Beard's ability to help unlock Coherent's full potential, citing his broad experience in the semiconductor industry and expertise in business and law. Beard expressed enthusiasm about joining Coherent's innovative team across multiple high-growth markets.
Coherent Corp. (NYSE: COHR), un leader globale nei materiali, nelle reti e nei laser, ha nominato Rob Beard come nuovo Chief Legal and Global Affairs Officer e Segretario Aziendale, con effetto immediato. Beard sostituisce il Chief Legal Officer in pensione Ron Basso. L'azienda ha anche promosso Marie Batz Martin a Chief Compliance Officer, riportando direttamente a Beard.
Beard entra in Coherent dopo aver lavorato in Mastercard, dove ha ricoperto lo stesso ruolo. Ha precedentemente trascorso quasi un decennio presso Micron Technology, occupando ruoli come Consigliere Generale e Segretario Aziendale. Con oltre 20 anni di esperienza nel settore tecnologico, il background di Beard include significative attività di M&A e esperienza in politiche internazionali.
Il CEO Jim Anderson ha espresso fiducia nella capacità di Beard di aiutare a liberare il pieno potenziale di Coherent, citando la sua vasta esperienza nel settore dei semiconduttori e la sua competenza in affari e diritto. Beard ha espresso entusiasmo per l'ingresso nel team innovativo di Coherent, attivo in diversi mercati ad alta crescita.
Coherent Corp. (NYSE: COHR), un líder global en materiales, redes y láseres, ha nombrado a Rob Beard como el nuevo Chief Legal and Global Affairs Officer y Secretario Corporativo, con efecto inmediato. Beard sustituye al Chief Legal Officer saliente Ron Basso. La compañía también ha ascendido a Marie Batz Martin como Chief Compliance Officer, reportando a Beard.
Beard se une a Coherent desde Mastercard, donde ocupó la misma posición. Anteriormente, pasó casi una década en Micron Technology, incluyendo roles como Consejero General y Secretario Corporativo. Con más de 20 años de experiencia en la industria tecnológica, el background de Beard incluye un trabajo significativo en M&A y experiencia en políticas internacionales.
El CEO Jim Anderson expresó confianza en la habilidad de Beard para ayudar a desbloquear todo el potencial de Coherent, citando su amplia experiencia en la industria de semiconductores y su experiencia en negocios y derecho. Beard expresó entusiasmo por unirse al equipo innovador de Coherent en múltiples mercados de alto crecimiento.
Coherent Corp. (NYSE: COHR)는 재료, 네트워킹 및 레이저 분야의 글로벌 리더로서 Rob Beard를 새로운 법무 및 글로벌 Affairs Officer(최고 법무 및 글로벌 업무 담당) 및 회사 비서로 즉각 임명했습니다. Beard는 퇴직하는 최고 법무 책임자 Ron Basso를 대체합니다. 회사는 또한 Marie Batz Martin을 Compliance Officer(컴플라이언스 담당)로 승진시키고 Beard에게 보고하도록 했습니다.
Beard는 같은 직책을 맡았던 Mastercard에서 Coherent에 합류했습니다. 그는 이전에 Micron Technology에서 거의 10년을 보냈으며, 법률 고문 및 회사 비서 역할을 수행했습니다. 기술 산업에서 20년 이상의 경험을 가진 Beard의 배경에는 중요한 M&A 작업과 국제 정책 경험이 포함되어 있습니다.
CEO Jim Anderson은 Beard의 능력이 Coherent의 잠재력을 완전히 발휘하는 데 도움을 줄 것이라고 확신하며, 반도체 산업에서의 폭넓은 경험과 비즈니스 및 법률에 대한 전문성을 지적했습니다. Beard는 여러 고성장 시장에서 Coherent의 혁신적인 팀에 합류하게 되어 기쁘다고 밝혔습니다.
Coherent Corp. (NYSE: COHR), leader mondial dans le domaine des matériaux, des réseaux et des lasers, a nommé Rob Beard nouveau Responsable Juridique et des Affaires Globales ainsi que Secrétaire de l'Entreprise, avec effet immédiat. Beard remplace l'ancien Responsable Juridique, Ron Basso, qui part à la retraite. La société a également promu Marie Batz Martin au poste de Responsable de la Conformité, qui rendra compte directement à Beard.
Beard rejoint Coherent après avoir travaillé chez Mastercard, où il occupait le même poste. Il a auparavant passé près de dix ans chez Micron Technology, exerçant des rôles de Conseiller Général et de Secrétaire de l'Entreprise. Avec plus de 20 ans d'expérience dans l'industrie technologique, le parcours de Beard inclut un travail important en M&A et une expérience en politique internationale.
Le PDG Jim Anderson a exprimé sa confiance dans la capacité de Beard à aider à libérer le plein potentiel de Coherent, en mentionnant son expérience diversifiée dans l'industrie des semi-conducteurs et son expertise en affaires et en droit. Beard a exprimé son enthousiasme à rejoindre l'équipe innovante de Coherent, active sur plusieurs marchés à forte croissance.
Coherent Corp. (NYSE: COHR), ein globaler Marktführer in Materialien, Netzwerktechnologie und Lasertechnologie, hat Rob Beard mit sofortiger Wirkung zum neuen Chief Legal and Global Affairs Officer und Unternehmenssekretär ernannt. Beard tritt an die Stelle des scheidenden Chief Legal Officers Ron Basso. Das Unternehmen hat auch Marie Batz Martin zur Chief Compliance Officer befördert, die direkt an Beard berichtet.
Beard kommt von Mastercard zu Coherent, wo er die gleiche Position innehatte. Zuvor verbrachte er fast ein Jahrzehnt bei Micron Technology und hatte dort u.a. die Rollen des General Counsel und Unternehmenssekretärs inne. Mit über 20 Jahren Erfahrung in der Technologiebranche umfasst Beards Hintergrund bedeutende M&A-Arbeiten und internationale politische Erfahrungen.
CEO Jim Anderson äußerte Zuversicht in Beards Fähigkeit, das volle Potenzial von Coherent zu entfalten, und verwies auf seine breite Erfahrung in der Halbleiterindustrie sowie sein Fachwissen in den Bereichen Wirtschaft und Recht. Beard äußerte seine Begeisterung über den Beitritt zum innovativen Team von Coherent, das in mehreren wachstumsstarken Märkten tätig ist.
- Appointment of experienced Chief Legal and Global Affairs Officer with semiconductor industry background
- New hire brings significant M&A and international policy experience
- Internal promotion for Chief Compliance Officer role
- None.
PITTSBURGH, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (the “Company” or “Coherent”) (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that following a comprehensive search, it has appointed Rob Beard as the Company’s new Chief Legal and Global Affairs Officer, and Corporate Secretary, effective today. Rob replaces current Chief Legal Officer Ron Basso, who is retiring. The Company has also promoted Marie Batz Martin to Chief Compliance Officer, reporting to Rob.
Mr. Beard joins Coherent from Mastercard Incorporated (“Mastercard”), where he was Chief Legal and Global Affairs Officer. Before Mastercard, Rob spent nearly a decade at Micron Technology, Inc. (“Micron”), including as General Counsel and Corporate Secretary, leading Micron’s global legal, intellectual property, and ethics and compliance functions, and guiding Micron’s growth through an increasingly complex geopolitical environment.
“We are pleased to welcome Rob to Coherent’s leadership team,” said Jim Anderson, Chief Executive Officer. “His broad experience in the semiconductor industry, international policy experience, and expertise in business and law make him an excellent partner and counselor to help us unlock Coherent’s full potential.”
“I am thrilled to join Coherent as its next CLO,” said Mr. Beard. “It’s an incredible team with a strong culture of innovation across multiple high-growth markets.”
“I would like to thank Ron Basso for his leadership as Coherent’s Chief Legal Officer,” said Mr. Anderson. “His experience and leadership will ensure a smooth transition, and I am grateful for his commitment and continued dedication to the company.”
About Rob Beard
Rob has more than 20 years of experience in the technology industry. Before joining Mastercard, Rob spent nearly a decade at Micron, beginning his career there as the company’s primary M&A lawyer and for several years partnered closely with Micron’s corporate development team on a wide range of strategic opportunities, including significant transactions in Japan, Taiwan, Europe, China, and Singapore.
Prior to Micron, Rob was corporate counsel at Amazon’s Lab 126 and was an associate at Weil Gotshal & Manges in London, New York, and Silicon Valley, focusing on M&A and capital markets transactions, and at Shearman & Sterling in London, where he focused on debt capital markets transactions. He graduated from the University of Utah and received his J.D. from the University of Illinois College of Law, summa cum laude.
About Coherent
Coherent empowers market innovators to define the future through breakthrough technologies, from materials to systems. We deliver innovations that resonate with our customers in diversified applications for the industrial, communications, electronics, and instrumentation markets. Coherent has research and development, manufacturing, sales, service, and distribution facilities worldwide. For more information, please visit us at coherent.com.
Media Contact:
Amy Wilson
Corporate Communications & Investor Relations
corporate.communications@coherent.com
Forward Looking Statements
The statements contained in this press release include forward-looking statements relating to future events and expectations, including statements regarding the Company’s ability to benefit from the noted executives’ experience and expertise which is based on certain assumptions and contingencies. The forward-looking statements are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and relate to the Company’s performance on a going-forward basis. The forward-looking statements contained herein involve risks and uncertainties, which could cause actual results, performance, or trends to differ materially from those expressed in the forward-looking statements herein or in previous disclosures.
The Company believes that all forward-looking statements made by it herein have a reasonable basis, but there can be no assurance that management’s expectations, beliefs, or projections as expressed in the forward-looking statements will actually occur or prove to be correct. In addition to general industry and global economic conditions, factors that could cause actual results to differ materially from those discussed in the forward-looking statements herein include but are not limited to: (i) the failure of any one or more of the assumptions stated herein to prove to be correct; (ii) the risks relating to forward-looking statements and other “Risk Factors” discussed in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2024, and additional risk factors that may be identified from time to time in filings of the Company; (iii) the substantial indebtedness the Company incurred in connection with its acquisition (the “Transaction”) of Coherent, Inc., the need to generate sufficient cash flows to service and repay such debt, and the Company’s ability to generate sufficient funds to meet its anticipated debt reduction goals; (iv) the possibility that the Company may not be able to continue its integration progress and/or take other restructuring actions, or otherwise be able to achieve expected synergies, operating efficiencies including greater scale, focus, resiliency, and lower operating costs, and other benefits within the expected time frames or at all and ultimately to successfully fully integrate the operations of Coherent, Inc. with those of the Company; (v) the possibility that such integration and/or the restructuring actions may be more difficult, time-consuming, or costly than expected or that operating costs and business disruption (including, without limitation, disruptions in relationships with employees, customers, or suppliers) may be greater than expected in connection with the Transaction and/or the restructuring actions; (vi) any unexpected costs, charges, or expenses resulting from the Transaction and/or the restructuring actions; (vii) the risk that disruption from the Transaction and/or the restructuring actions materially and adversely affects the respective businesses and operations of the Company and Coherent, Inc.; (viii) potential adverse reactions or changes to business relationships resulting from the completion of the Transaction and/or the restructuring actions; (ix) the ability of the Company to retain and hire key employees; (x) the purchasing patterns of customers and end users; (xi) the timely release of new products and acceptance of such new products by the market; (xii) the introduction of new products by competitors and other competitive responses; (xiii) the Company’s ability to assimilate other recently acquired businesses, and realize synergies, cost savings, and opportunities for growth in connection therewith, together with the risks, costs, and uncertainties associated with such acquisitions; (xiv) the Company’s ability to devise and execute strategies to respond to market conditions; (xv) the risks to realizing the benefits of investments in R&D and commercialization of innovations; (xvi) the risks that the Company’s stock price will not trade in line with industrial technology leaders; and/or (xvii) the risks of business and economic disruption related to worldwide health epidemics or outbreaks that may arise. The Company disclaims any obligation to update information contained in these forward-looking statements, whether as a result of new information, future events or developments, or otherwise.
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