leadership
confidence high
sentiment neutral
materiality 0.65
Axcelis CFO James Coogan resigns; David Ryzhik named interim CFO amid pending Veeco merger
AXCELIS TECHNOLOGIES INC
- James Coogan resigns as CFO effective April 24, 2026, to pursue CFO role at another public company.
- David Ryzhik, SVP of IR and Corporate Strategy, appointed Interim CFO effective March 12, 2026.
- Ryzhik receives $8,750/month base salary increase, $27,242/month bonus increase, and $400,000 RSU grant.
- CEO notes Ryzhik's deep knowledge and role in the pending merger with Veeco as key for transition.
- Axcelis will engage an executive search firm to identify a permanent CFO.