---
schema_version: "secwatch.filing_event.v1"
accession: "0001111928-22-000032"
form_type: "8-K"
ticker: "IPGP"
cik: "0001111928"
company_name: "IPG PHOTONICS CORP"
filed_at: "2022-02-22T23:59:59+00:00"
generated_at: "2026-06-27T05:53:36.469750+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# IPG Photonics promotes Felix Stukalin to COO; 2022 exec comp set

## Summary
- Felix Stukalin named COO effective Feb 18, 2022; previously SVP North America Operations since 2013.
- Base salaries for CEO, named executives, and Stukalin increased 3% from 2021 levels.
- 2022 AIP targets net sales and adjusted EBIT; target bonus unchanged at 80% (CEO 110%).
- Equity grants: RSUs vest over 3 years; PSUs based on 3-year revenue CAGR and operating margin.
- CEO awarded 18,273 RSUs and 9,136 PSUs per metric; Stukalin 4,703 RSUs and 2,351 PSUs each.

## SEC filing metadata
- accession: 0001111928-22-000032
- form_type: 8-K
- ticker: IPGP
- cik: 0001111928
- company_name: IPG PHOTONICS CORP
- filed_at: 2022-02-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1111928/000111192822000032/0001111928-22-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1111928/000111192822000032/ipgp-20220218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001111928-22-000032
- JSON: https://secwatch.observer/filing/0001111928-22-000032.json
- Plain text: https://secwatch.observer/filing/0001111928-22-000032.txt

## Key facts
- Executive change
  Felix Stukalin changed role as Chief Operating Officer at IPG PHOTONICS CORP.
  - Action: promoted
  - Role: Chief Operating Officer
  source text: Effective February 18, 2022, Felix Stukalin, Senior Vice President, North America Operations, was promoted to Chief Operating Officer of IPG Photonics Corporation (the " Company ").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1111928/000111192822000032/0001111928-22-000032-index.htm

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