---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-235505"
form_type: "8-K"
ticker: "COHR"
cik: "0000820318"
company_name: "COHERENT CORP."
filed_at: "2023-09-15T23:59:59+00:00"
generated_at: "2026-06-10T16:58:57.914323+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Coherent CFO Raymond steps down Sep 29; Martucci named interim CFO, transition through Apr 2024

## Summary
- CFO Mary Jane Raymond last day Sep 29, 2023; stays as non-executive employee through Apr 1, 2024 for transition.
- Raymond receives base salary, FY2024 cash incentive at min 100% target, and FY2024 equity awards of 16,261 RSUs and 13,304 PSUs.
- Upon completion (Apr 1, 2024), Raymond eligible for 15-month salary continuation and extended healthcare under Executive Severance Plan.
- Interim CFO Richard Martucci gets $15k/month stipend plus $500k retention RSU award vesting over 2 years.
- Company will conduct global search for permanent CFO.

## SEC filing metadata
- accession: 0001193125-23-235505
- form_type: 8-K
- ticker: COHR
- cik: 0000820318
- company_name: COHERENT CORP.
- filed_at: 2023-09-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/820318/000119312523235505/0001193125-23-235505-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/820318/000119312523235505/d517089d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-235505
- JSON: https://secwatch.observer/filing/0001193125-23-235505.json
- Plain text: https://secwatch.observer/filing/0001193125-23-235505.txt

## Key facts
- Executive change
  Mary Jane Raymond departed as Chief Financial Officer at COHERENT CORP..
  - Action: concluded her services as CFO
  - Role: Chief Financial Officer
  source text: On September 13, 2023, Coherent Corp. (the “Company”) and Mary Jane Raymond, the Company’s Chief Financial Officer, Treasurer and principal financial officer (“CFO”), mutually agreed that she would conclude her services as the Company’s CFO as of September 29, 2023 (the “Effective Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/820318/000119312523235505/0001193125-23-235505-index.htm
- Executive change
  Richard Martucci was appointed as Interim Chief Financial Officer at COHERENT CORP..
  - Action: appointed
  - Role: Interim Chief Financial Officer
  source text: On September 13, 2023, the Board of Directors of the Company (the “Board”) appointed Richard Martucci (age 55), the Company’s Senior Vice President, Business Operations, to serve as its interim Chief Financial Officer and Treasurer and principal financial officer (“Interim CFO”), effective as of September 30, 2023 and until a permanent successor is identified.
  evidence_url: https://www.sec.gov/Archives/edgar/data/820318/000119312523235505/0001193125-23-235505-index.htm

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