Rogers Appoints Ram Mayampurath Chief Financial Officer

Rhea-AI Summary

Rogers Corporation (NYSE: ROG) has appointed Ram Mayampurath as its new Senior Vice President, Chief Financial Officer, and Treasurer, effective May 1, 2021. Mayampurath replaces Michael Ludwig, who is retiring but will assist during the transition. Mayampurath has been with Rogers since 2014, holding senior leadership roles in financial operations and planning. His experience includes a decade-long career at Royal Phillips Electronics. President and CEO Bruce D. Hoechner expressed confidence in Mayampurath's capabilities to drive the company's growth and strategic goals.

Positive

• Ram Mayampurath brings extensive experience in financial operations and strategic planning.
• His previous roles within the company suggest a smooth transition and continuity in leadership.

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• None.

Rogers Corporation (NYSE:ROG) announced today that Ram Mayampurath has been appointed to serve as the Company’s new Senior Vice President, Chief Financial Officer and Treasurer effective May 1, 2021. Mr. Mayampurath is replacing Michael Ludwig as CFO, whose retirement was previously announced. Mr. Ludwig will remain with the Company for a transition period prior to his retirement.

Ram Mayampurath, Chief Financial Officer (Photo: Business Wire)

“Ram is a trusted advisor and an experienced finance leader who will transition smoothly into the CFO role,” commented Bruce D. Hoechner, Rogers’ President and CEO. “He has worked in leadership roles throughout the Company which has given him a strong understanding of Rogers’ business and all facets of our financial operations. I look forward to working closely with Ram in his new role to help drive Rogers’ growth and strategic execution.”

Mr. Mayampurath, 57, joined Rogers in November 2014 and has served in a variety of senior leadership positions with responsibilities for financial operations, financial planning and analysis, business transformation and treasury. Before Rogers, he served in divisional financial leadership roles at Royal Phillips Electronics from 2005 to 2014, which included international assignments. Mr. Mayampurath is a Chartered Accountant and holds an MBA from Southern Illinois University and a masters of global management from Thunderbird School of Global Management.

About Rogers Corporation
Rogers Corporation (NYSE:ROG) is a global leader in engineered materials to power, protect and connect our world. Rogers delivers innovative solutions to help our customers solve their toughest material challenges. Rogers’ advanced electronic and elastomeric materials are used in applications for EV/HEV, automotive safety and radar systems, mobile devices, renewable energy, wireless infrastructure, energy-efficient motor drives, industrial equipment and more. Headquartered in Chandler, Arizona, Rogers operates manufacturing facilities in the United States, Asia and Europe, with sales offices worldwide.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210429005925/en/

FAQ

What is the significance of Ram Mayampurath's appointment as CFO of Rogers Corporation?

Ram Mayampurath's appointment is significant as it ensures continuity in leadership and leverages his extensive internal experience for future growth.

When did Ram Mayampurath start his role as CFO at Rogers Corporation?

Ram Mayampurath officially starts his role as CFO on May 1, 2021.

Who did Ram Mayampurath replace as CFO of Rogers Corporation?

Ram Mayampurath replaced Michael Ludwig, who is retiring.

What experience does Ram Mayampurath have prior to becoming CFO?

Prior to becoming CFO, Ram Mayampurath held various senior leadership roles within Rogers, and has experience from his tenure at Royal Phillips Electronics.