secwatch.observer — SEC 8-K summary
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Issuer:     COHERENT CORP. (COHR)
CIK:        0000820318
Form:       8-K
Filed at:   2023-09-21T23:59:59+00:00
Accession:  0001193125-23-239587
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Coherent Corp. elects two new independent directors, expanding board to 14 members
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- Board expanded to 14 members; Elizabeth A. Patrick and Michelle Sterling elected effective immediately.
- Patrick is former SVP and Chief People Officer at Diebold Nixdorf; Sterling is former EVP and CHRO at Qualcomm.
- Both qualify as independent under NYSE and SEC listing standards; no committee assignments yet.
- Standard non-employee director compensation: $85,000 annual cash retainer (prorated) and $200,000 RSU grant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/820318/000119312523239587/0001193125-23-239587-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/820318/000119312523239587/d538768d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-239587

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer