Photronics CFO John Jordan to retire Feb 23; Eric Rivera named interim CFO

PHOTRONICS INC

CFO John Jordan retires effective Feb 23, 2024; receives $410,000 severance (12 months' base salary) in 26 installments.
Immediate vesting of 23,750 restricted stock shares; 12-month non-compete and non-solicitation provisions.
Eric Rivera, VP/CAO/corporate controller, appointed interim CFO and principal financial officer effective Feb 23.
Rivera earns $311,313 annual salary, eligible for bonus; previously granted 13,000 RSUs for FY2023 performance.
Rivera has 24 years experience including IBM and Thomson Reuters; retains corporate controller and PAO roles.

item 1.01 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

John Jordan

Chief Financial Officer

PLAB · PHOTRONICS INC

Effective: 2024-02-23
Successor: Eric Rivera
Filed: January 23, 2024, 6:59 PM ET

On January 23, 2024, the Company issued a press release announcing the retirement of Mr. Jordan and the appointment of Mr. Rivera

Appointed (interim)

Eric Rivera

interim chief financial officer

PLAB · PHOTRONICS INC

Effective: 2024-02-23
Filed: January 23, 2024, 6:59 PM ET

On January 23, 2024, the Company announced it would appoint Eric Rivera, currently the Company’s vice president, chief accounting officer and corporate controller, to the role of interim chief financial officer of the Company, effective February 23, 2024 upon Mr. Jordan’s retirement.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.9

John Jordan retired as Chief Financial Officer at PHOTRONICS INC.

Action: retired
Role: Chief Financial Officer

Exact text from the filing

On January 23, 2024, the Company issued a press release announcing the retirement of Mr. Jordan and the appointment of Mr. Rivera

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Eric Rivera was appointed as interim chief financial officer at PHOTRONICS INC.

Action: appointed
Role: interim chief financial officer

Exact text from the filing

On January 23, 2024, the Company announced it would appoint Eric Rivera, currently the Company’s vice president, chief accounting officer and corporate controller, to the role of interim chief financial officer of the Company, effective February 23, 2024 upon Mr. Jordan’s retirement.

View on SEC.gov

PHOTRONICS INC filing history →

Source: SEC EDGAR

accession 0001140361-24-003315

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.