BROOKFIELD, Conn.--(BUSINESS WIRE)--
Photronics,
Inc. (NASDAQ:PLAB), a worldwide leader in supplying innovative
imaging technology solutions for the global electronics industry, has
announced the appointment of Dr. Peter Kirlin as President of the
Company. Dr. Kirlin has served as the Company's Senior Vice President,
US and Europe, since August 2008.
In his role as President of Photronics, Peter will continue to report to
Constantine "Deno" Macricostas, Chairman and Chief Executive Officer,
and will be responsible for global sales and global operations of the
company.
"Peter brings a wealth of photomask industry experience in engineering,
operations and sales to this global leadership role," said Macricostas.
"His success at leading our US and Europe teams and working to build
successful partnerships with our customers and suppliers has played a
key role in our company's growing success and rise to a leadership
position in the industry. At a time when we are focused on continuing to
strengthen our operational performance and synchronize our strategic
support for customers across their global organizations, Peter will
provide the superior guidance and tactical leadership to achieve our
goal to be the preeminent merchant photomask company in the industry."
"Photronics is an outstanding company with great talent and a rich
history of customer service and focus on quality and efficiency for our
customers. I look forward to working with Dr. Soo Hong (SH) Jeong, COO &
President, Asia and our excellent global sales and operations teams to
achieve the exceptional growth and performance goals that we have set
for the Company," said Kirlin.
Prior to joining the Company, Dr. Kirlin served as the Executive
Chairman of Akrion, Inc. from January 2007 to July 2008, the Vice
President of Business Development at Entegris, Inc. from May 2004 to
September 2006 and was previously the Chairman and Chief Executive
Officer of DuPont Photomasks, Inc.
Dr. Kirlin earned his Ph.D. in Chemical Engineering from the University
of Delaware in Newark, Delaware and a Bachelor of Science degree in
Chemical Engineering from Pennsylvania State University in University
Park, Pennsylvania.
About Photronics
Photronics
is a leading worldwide manufacturer of photomasks.
Photomasks are high precision quartz plates that contain microscopic
images of electronic circuits. A key element in the manufacture of
semiconductors and flat panel displays, photomasks are used to transfer
circuit patterns onto semiconductor wafers and flat panel substrates
during the fabrication of integrated circuits, a variety of flat panel
displays and, to a lesser extent, other types of electrical and optical
components. They are produced in accordance with product designs
provided by customers at strategically located manufacturing
facilities in Asia, Europe, and North America. Additional
information on the Company can be accessed at www.photronics.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements made by or on behalf of
Photronics, Inc. and its subsidiaries (the Company). The forward-looking
statements contained in this press release and other parts of
Photronics' web site involve risks and uncertainties that may affect the
Company's operations, markets, products, services, prices, and other
factors. These risks and uncertainties include, but are not limited to,
economic, competitive, legal, governmental, and technological factors as
well as decisions we may make in the future regarding our business,
capital structure and other matters. Accordingly, there is no assurance
that the Company's expectations will be realized. For a fuller
discussion of the factors that may affect the Company's operations, see
"Forward Looking Statements" in the Company's Quarterly and Annual
Reports to the Securities and Exchange Commission on Forms 10-Q and
10-K. The Company assumes no obligation to provide revisions to any
forward-looking statements.
14-2013
Photronics
Pete Broadbent, 203-775-9000
Vice President,
Investor Relations & Marketing
pbroadbent@photronics.com
Source: Photronics
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