MKS Instruments appoints Michelle McCarthy as VP and Chief Accounting Officer effective March 4, 2024

MKS INC

Michelle McCarthy to replace Seth Bagshaw as principal accounting officer; Bagshaw remains CFO until retirement on April 1, 2024.
McCarthy receives $400k base salary, 50% bonus target, $350k equity for 2024, plus $300k sign-on cash and $400k sign-on RSUs.
Sign-on equity vests in three equal annual installments; grants expected April 15, 2024.
McCarthy previously served as SVP & CAO at Mercury Systems and as Corporate Controller at Analog Devices.

item 5.02

Executive movements

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Appointed

Michelle M. McCarthy

Vice President and Chief Accounting Officer

MKSI · MKS INC

Effective: 2024-03-04
Filed: February 8, 2024, 6:59 PM ET

On February 5, 2024, the Board of Directors (the “Board”) of MKS Instruments, Inc. (the “Company”) appointed Michelle M. McCarthy to serve as Vice President and Chief Accounting Officer of the Company, effective March 4, 2024.

Departed

Seth H. Bagshaw

Executive Vice President, Chief Financial Officer and Treasurer

MKSI · MKS INC

Effective: 2024-04-01
Filed: February 8, 2024, 6:59 PM ET

Mr. Bagshaw will continue to serve as the principal financial officer of the Company until his previously announced retirement as Executive Vice President, Chief Financial Officer and Treasurer of the Company, effective April 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michelle M. McCarthy was appointed as Vice President and Chief Accounting Officer at MKS INC.

Action: appointed
Role: Vice President and Chief Accounting Officer

Exact text from the filing

On February 5, 2024, the Board of Directors (the “Board”) of MKS Instruments, Inc. (the “Company”) appointed Michelle M. McCarthy to serve as Vice President and Chief Accounting Officer of the Company, effective March 4, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Seth H. Bagshaw retired as Executive Vice President, Chief Financial Officer and Treasurer at MKS INC.

Action: retired
Role: Executive Vice President, Chief Financial Officer and Treasurer

Exact text from the filing

Mr. Bagshaw will continue to serve as the principal financial officer of the Company until his previously announced retirement as Executive Vice President, Chief Financial Officer and Treasurer of the Company, effective April 1, 2024.

View on SEC.gov

MKS INC filing history →

Source: SEC EDGAR

accession 0001193125-24-028405

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