Advanced Energy appoints Eduardo Bernal as EVP and COO, effective Sept 13, 2021

ADVANCED ENERGY INDUSTRIES INC

Eduardo Bernal, 54, brings 30+ years of semiconductor ops experience, most recently SVP at NXP Semiconductors overseeing 12,000 employees.
Compensation includes base salary of S$563,784, annual target cash incentive of 70% of base, and LTI equity grant of $1 million.
One-time signing bonus of S$270,000 and equity grant of $500,000 in restricted stock units vesting over three years.
Bernal will report to CEO Steve Kelley and be based in Singapore, headquarters for Advanced Energy's global operations.

item 5.02 item 8.01 item 9.01

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Appointed

Eduardo Bernal Acebedo

Executive Vice President and Chief Operations Officer

AEIS · ADVANCED ENERGY INDUSTRIES INC

Effective: 2021-09-13
Filed: September 8, 2021, 7:59 PM ET

The Board of Directors of Advanced Energy Industries, Inc. (the “Company”) has appointed Eduardo Bernal Acebedo (“Mr. Bernal”) as the Company’s Executive Vice President and Chief Operations Officer effective on September 13, 2021

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Executive change SEC 8-K Item 5.02 confidence 0.95

Eduardo Bernal Acebedo was appointed as Executive Vice President and Chief Operations Officer at ADVANCED ENERGY INDUSTRIES INC.

Action: appointed
Role: Executive Vice President and Chief Operations Officer

Exact text from the filing

The Board of Directors of Advanced Energy Industries, Inc. (the “Company”) has appointed Eduardo Bernal Acebedo (“Mr. Bernal”) as the Company’s Executive Vice President and Chief Operations Officer effective on September 13, 2021

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Source: SEC EDGAR

accession 0001558370-21-012283

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