Entegris Appoints Linda LaGorga as Chief Financial Officer

Rhea-AI Summary

Entegris, Inc. (NASDAQ: ENTG) has appointed Linda LaGorga as its new chief financial officer, effective May 15, 2023, succeeding Greg Graves, who is retiring after over 20 years with the company. LaGorga, who brings more than 25 years of financial expertise, previously served as VP and CFO at Honeywell’s $2.4 billion UOP business unit, among other roles. She holds a Bachelor’s degree from the University of Pennsylvania and an MBA from Harvard Business School. CEO Bertrand Loy expressed confidence in LaGorga's capabilities to steer the financial direction of Entegris and enhance its growth potential.

Positive

• Linda LaGorga's extensive experience in financial leadership roles may bring fresh perspectives and strengthen Entegris' financial strategy.
• Her background includes pivotal roles in large organizations, suggesting an ability to navigate complex corporate environments.

Negative

• The retirement of Greg Graves may lead to continuity concerns given his long tenure in the company.

BILLERICA, Mass.--(BUSINESS WIRE)-- Entegris, Inc. (NASDAQ: ENTG), a leading supplier of advanced materials and process solutions for the semiconductor and other high-technology industries, today announced the appointment of Linda LaGorga as chief financial officer, effective May 15, 2023. She succeeds Greg Graves, who recently announced his retirement after a more than 20-year career with Entegris. Graves will remain as special advisor to the CEO through July 7, 2023, to ensure a smooth transition.

Linda LaGorga (Photo: Entegris)

Ms. LaGorga brings to Entegris extensive experience in operational finance, financial planning and analysis, treasury, and debt financing, as well as an expertise in capital markets and M&A. She joins Entegris from Honeywell International Inc., where she most recently served as vice president and CFO of Honeywell’s $2.4 billion UOP business unit, which provides process technology, catalysts, adsorbents, and equipment to the refining, gas processing, and petrochemical industries. Previously, she served as vice president and CFO of the Honeywell aerospace mechanical systems & components business. From 2018 to 2021, she led Honeywell’s corporate FP&A organization.

"We are very pleased to welcome Linda to the Entegris team," said Bertrand Loy, president and chief executive officer. "With over 25 years of experience at large, complex, public organizations, and a compelling track record of success across various industries, I’m confident that Entegris will benefit from her analytical rigor and fresh perspectives. Linda brings a broad skillset, strong strategic acumen, and a shared understanding of our commitment to customers and our shareholders. I look forward to collaborating with her closely."

“I’m excited to join Entegris’ team and am eager to contribute to its impressive ambitions and customer-centric culture,” LaGorga said. “I look forward to working closely with Bertrand and the team to realize the significant growth potential ahead and deliver value for all of our stakeholders.”

Prior to joining Honeywell, Ms. LaGorga served as the global treasurer and head of business development for Bausch Health Companies Inc. Earlier in her career, she held various positions of increasing responsibilities at Goldman Sachs, most recently serving as a managing director in the investment banking division. Ms. LaGorga began her career in the U.S. Navy and achieved the rank of lieutenant. She holds a Bachelor of Science degree in materials science and engineering from the University of Pennsylvania and an MBA from Harvard Business School.

About Entegris

Entegris is a leading supplier of advanced materials and process solutions for the semiconductor and other high-tech industries. Entegris has approximately 10,000 employees throughout its global operations and is ISO 9001 certified. It has manufacturing, customer service and/or research facilities in the United States, Canada, China, France, Germany, Israel, Italy, Japan, Malaysia, Singapore, South Korea, Taiwan, and the United Kingdom. Additional information can be found at www.entegris.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230411005771/en/

Investor Contact:

Bill Seymour

VP of Investor Relations, Treasury & Communications

+1 952 556 1844

bill.seymour@entegris.com

Media Contact:

Connie Chandler

Senior Director of Corporate Communications

+1 978 436 6546

connie.chandler@entegtris.com

Source: Entegris, Inc.

FAQ

What are Linda LaGorga's qualifications as the new CFO of Entegris?

Linda LaGorga has over 25 years of experience in operational finance, financial planning and analysis, and capital markets, previously serving as CFO at Honeywell's UOP business unit.

When did Linda LaGorga assume the CFO role at Entegris?

Linda LaGorga started as CFO of Entegris on May 15, 2023.

What impact might Linda LaGorga's appointment have on Entegris?

Her extensive experience in finance and strategic roles could enhance Entegris' financial management and growth potential.

Who did Linda LaGorga replace as CFO at Entegris?

Linda LaGorga replaced Greg Graves, who retired after a more than 20-year career at Entegris.

What was Greg Graves' role after retiring from Entegris?

After retiring, Greg Graves will serve as a special advisor to the CEO until July 7, 2023, to ensure a smooth transition.