IPG Photonics announces death of founder and Chairman Dr. Valentin Gapontsev at 82

IPG PHOTONICS CORP

Dr. Valentin Gapontsev, founder, Chairman, and former CEO (until April 2021), passed away at age 82.
Gapontsev founded company's predecessor in 1990 and built vertically integrated business with over 6,000 employees worldwide.
He held over 100 patents and authored over 200 scientific papers; known as 'Father of the Fiber Laser Industry'.
CEO Dr. Eugene Scherbakov cites Gapontsev's technical innovations and strategic vision as transformative for laser industry.
Lead Independent Director John Peeler praises his vision and entrepreneurial drive over thirty years.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Dr. Valentin P. Gapontsev

Chairman

IPGP · IPG PHOTONICS CORP

Effective: 2021-10-25
Filed: October 25, 2021, 7:59 PM ET

On October 25, 2021, IPG Photonics Corporation (the “Company”) announced with profound sadness the passing of its beloved founder, innovator, longtime Chairman and former Chief Executive Officer, Dr. Valentin P. Gapontsev.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Dr. Valentin P. Gapontsev departed as Chairman at IPG PHOTONICS CORP.

Action: passed away
Role: Chairman

Exact text from the filing

On October 25, 2021, IPG Photonics Corporation (the “Company”) announced with profound sadness the passing of its beloved founder, innovator, longtime Chairman and former Chief Executive Officer, Dr. Valentin P. Gapontsev.

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IPG PHOTONICS CORP filing history →

Source: SEC EDGAR

accession 0001111928-21-000161

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