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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant To Section 13 Or 15(d) Of The Securities Exchange Act Of 1934
Date of report (Date of earliest event reported)
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11/21/24 (11/18/24)
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(Exact name of registrant as specified in its charter)
Connecticut
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001-39063
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06-0854886
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(State or Other Jurisdiction of Incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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15 Secor Road, Brookfield, CT
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06804
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s Telephone Number, including area code
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(203) 775-9000
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:
☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised
financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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COMMON STOCK, $0.01 par value per share
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PLAB
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NASDAQ Global Select Market
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Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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On November 18, 2024, Photronics, Inc. (the “Company”) appointed Christopher Lutzo as Vice President, General Counsel, and Corporate Secretary, effective immediately. In
this role, Mr. Lutzo will oversee the Company’s legal affairs and compliance functions and will report directly to Frank Lee, the Company’s Chief Executive Officer.
Mr. Lutzo brings over 15 years of experience in commercial, transactional, corporate, securities, and compliance practice
areas across diverse and highly regulated industries. He was most recently employed as Assistant General Counsel at Crane Company, a manufacturer of highly engineered instruments, controls, and systems in the process flow and aerospace
industries headquartered in Stamford, Connecticut. Mr. Lutzo holds a Juris Doctor from Quinnipiac University in Hamden, Connecticut.
A press release announcing Mr. Lutzo’s appointment is attached as Exhibit 99.1 and incorporated herein by reference.
Item 9.01. |
Financial Statements and Exhibits.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
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PHOTRONICS, INC.
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(Registrant) |
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By: /s/ Frank Lee |
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Name:
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Frank Lee
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Title:
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Chief Executive Officer
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Date: November 21, 2024
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Exhibit 99.1
Press Release
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For Further Information:
Ted Moreau
VP, Investor Relations
469.395.8175
tmoreau@photronics.com
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Photronics Hires Christopher J. Lutzo as Vice President and General Counsel
BROOKFIELD, Connecticut November 21, 2024 Photronics, Inc. (Nasdaq:PLAB), a
worldwide leader in photomask technologies and solutions, today announced that Christopher J. Lutzo has joined the company as Vice President, General Counsel and Corporate Secretary and become a member of the Company’s executive leadership team.
Lutzo will lead all aspects of Photronics’ legal function, providing support for its global operations and growth initiatives, as well as overseeing the company’s corporate governance, compliance, and risk management programs.
Frank Lee, CEO of Photronics, commented, “We are pleased Chris joined Photronics; his extensive expertise in aligning legal functions with
business goals and managing risk will be a valuable asset to our executive team and shareholders.”
Lutzo brings over 15 years of experience in commercial, transactional, corporate, securities and compliance practice areas across diverse and highly regulated industries. He was most recently employed at Crane Company, a manufacturer of highly
engineered instruments, controls and systems in the process flow and aerospace industries headquartered in Stamford, CT. He holds his Juris Doctor from Quinnipiac University in Hamden, CT.
About Photronics
Photronics is a leading worldwide manufacturer of
integrated circuit (IC) and flat panel display (FPD) photomasks. High precision quartz plates that contain microscopic images of electronic circuits, photomasks are a key element in the
IC and FPD manufacturing process. Founded in 1969, Photronics has been a trusted photomask supplier for over 50 years. As of October 31, 2024, the company had approximately 1,878 employees. The company operates 11 strategically located manufacturing facilities in Asia, Europe, and North America. Additional information on the company can be accessed at www.photronics.com.