---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-027104"
form_type: "8-K"
ticker: "ACLS"
cik: "0001113232"
company_name: "AXCELIS TECHNOLOGIES INC"
filed_at: "2026-03-12T23:59:59+00:00"
generated_at: "2026-05-15T12:54:39.154627+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Axcelis CFO James Coogan resigns; David Ryzhik named interim CFO amid pending Veeco merger

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-027104
- form_type: 8-K
- ticker: ACLS
- cik: 0001113232
- company_name: AXCELIS TECHNOLOGIES INC
- filed_at: 2026-03-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1113232/000110465926027104/0001104659-26-027104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1113232/000110465926027104/tm268674d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-027104
- JSON: https://secwatch.observer/filing/0001104659-26-027104.json
- Plain text: https://secwatch.observer/filing/0001104659-26-027104.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.