Giovanni Barbarossa
Giovanni Barbarossa notified Coherent Corp. (the “Company”) of his intention to transition from his role as the Company’s Chief Strategy Officer, effective as of the Transition Date, and retire in September 2026.
Highest-materiality recent filing
Coherent Q3 FY2026 revenue $1.81B (+21% YoY); GAAP EPS $0.97, non-GAAP $1.41
Revenue $1.81B +21% YoY (+27% pro forma); GAAP gross margin 37.7% (+243 bps).
Coherent CSO Giovanni Barbarossa transitions to Special Advisor, retiring Sep 2026
Giovanni Barbarossa stepped down as Chief Strategy Officer effective April 27, 2026.
NVIDIA invests $2B in Coherent; multi-year optics supply pact for AI data centers
NVIDIA buys 7.79M Coherent shares at $256.80/share via private placement, totaling $2B.
Coherent Q2 FY26 revenue $1.69B, +17% YoY; GAAP EPS $0.76 vs $0.44 YoY; non-GAAP EPS $1.29
Revenue $1.686B, up 17% YoY; GAAP gross margin 36.9% (up 145 bps YoY).
Coherent Corp files annual report for FY2025; discloses restructuring and segment changes
Fiscal year ended June 30, 2025, with segments Datacenter and Communications and Industrial.
Coherent enters waiver with Bain Capital, eliminating Series B preferred dividends
Waiver Agreement on Nov 20, 2025: Bain Capital irrevocably waived all dividend rights on Series B Preferred Stock.
Coherent shareholders elect five Class Two directors, approve say-on-pay, ratify auditor
Elected Enrico DiGirolamo, David L. Motley, Lisa Neal-Graves, Shaker Sadasivam, and Michelle Sterling as Class Two directors.
Coherent Q1 FY2026 revenue $1.58B (+17% YoY); GAAP EPS $1.19, non-GAAP EPS $1.16
Revenue $1.58B, up 17% YoY; on pro forma basis up 19% adjusted for Aerospace & Defense sale.
Coherent refinances debt: $700M revolver, $1.25B term A, $1.08B term B-3 loans
Amendment No. 4 adds $700M revolving facility and $1.25B term A loans; proceeds repay existing term A loans and partially prepay term B-2 loans.
Coherent reports record FY25 revenue of $5.81B, up 23% YoY; non-GAAP EPS $3.53 vs $1.21
Q4 revenue record $1.529B, non-GAAP EPS $1.00; GAAP loss per share $0.83.
Coherent guides FY25 revenue growth >22% and EPS up 2.8X YoY at Investor Day
CEO Jim Anderson stated FY25 revenue expected to grow over 22% and EPS to increase by 2.8X year-over-year.
Coherent Q3 FY2025 revenue $1.50B (+24% y/y); Non-GAAP EPS $0.91 vs $0.38 y/y
Revenue $1.50B, up 24% y/y; GAAP gross margin 35.2% (+491 bps YoY), Non-GAAP gross margin 38.5% (+490 bps).
Coherent Q2 revenue $1.43B (+27% YoY), GAAP EPS $0.44, Non-GAAP EPS $0.95
Revenue $1.43B, up 27% YoY; record quarter driven by AI datacenter and telecom growth.
Coherent refinances $2.23B term loans, cuts interest rate margin by 50 bps
Entered Amendment No. 3 to Credit Agreement, replacing $2.23B of Term B-1 loans with new Term B-2 loans.
Coherent amends 8-K to correct director vote tally for Howard H. Xia
Corrected For vote: 150,349,722; Against: 5,476,237; Abstain: 112,493; Broker Non-Votes: 9,191,440.
Proposal 3 (Omnibus Incentive Plan amendment) approved: 147.8M for, 7.9M against, 185k abstain.
Coherent amends CFO inducement PSUs to align performance period with fiscal year start
Performance period for inducement PSUs granted to CFO Sherri R. Luther changed to July 1, 2024 – June 30, 2027.
Coherent Q1 FY25 revenue $1.35B (+28% YoY); non-GAAP EPS $0.74 (+357% YoY)
Revenue $1.35B, up 28% YoY and 2.6% QoQ, driven by AI-related Datacom transceivers.
Coherent appoints Rob Beard as Chief Legal & Global Affairs Officer; Ron Basso retiring
Rob Beard named Chief Legal & Global Affairs Officer and Corporate Secretary, effective Oct 21, 2024.
Coherent grants inducement RSUs/PSUs to new CFO Sherri R. Luther
Sherri R. Luther started as CFO and Treasurer on Oct 11, 2024.
Coherent appoints Sherri Luther as CFO effective Oct. 11, 2024
Sherri Luther appointed CFO and Treasurer, replacing interim CFO Rich Martucci; Martucci stays in non-executive role.
Coherent appoints CEO James Anderson as President; Bashaw to resign Sept 6
CEO James R. Anderson added President role effective September 1, 2024.
Coherent Q4 FY2024 revenue $1.314B (+9.1% YoY); non-GAAP EPS $0.61 (+49% YoY)
Q4 non-GAAP EPS $0.61 (up from $0.41 YoY); GAAP EPS $(0.52) (improved from $(1.54)).
Coherent Corp. President Walter R. Bashaw II to resign Sept 6 due to leadership restructuring
President Walter R. Bashaw II resigns effective September 6, 2024, due to elimination of his position in a leadership restructuring.
Coherent grants 147k RSUs and 694k target PSUs to new CEO James Anderson
RSUs cover 147,214 shares vesting in three equal annual installments starting June 3, 2025.
Coherent appoints James Anderson as CEO, succeeding Vincent Mattera
James Anderson named CEO effective June 3, 2024; joins board as Class One director.
Coherent Corp. reports Q3 FY2024 earnings; results posted on website ahead of May 7 call
Q3 FY2024 results posted as a shareholder letter on coherent.com/company/investor-relations.
Coherent refinances $2.44B term loans, reduces interest rate margin by 25 bps
Refinanced $2.436B aggregate principal of Term B loans with new Term B-1 loans at lower interest rates.
Coherent Corp. furnishes investor presentation at OFC 2024 on optical communications
Presentation hosted by VP of Investor Relations Paul Silverstein.
Coherent CEO Vincent Mattera to retire; board launches CEO search; FY2024 guidance reaffirmed
Dr. Vincent D. Mattera Jr. informed board of intent to retire as CEO after successor appointed or by end of 2024.
Giovanni Barbarossa notified Coherent Corp. (the “Company”) of his intention to transition from his role as the Company’s Chief Strategy Officer, effective as of the Transition Date, and retire in September 2026.
announced that Ronald Basso’s service as an executive officer of the Company in the role of Chief Legal Officer ended simultaneously with the appointment of Rob Beard as the Company’s Chief Legal and Global Affairs Officer, all effective on October 21, 2024.
announced that Ronald Basso’s service as an executive officer of the Company in the role of Chief Legal Officer ended simultaneously with the appointment of Rob Beard as the Company’s Chief Legal and Global Affairs Officer, all effective on October 21, 2024.
Coherent Corp. (the “Company”) awarded restricted stock units (“RSUs”) and performance stock units (“PSUs”) to its new Chief Financial Officer and Treasurer, Sherri R. Luther, effective on her start date, October 11, 2024.
appointed Sherri R. Luther as the Company’s Chief Financial Officer (“CFO”) and Treasurer, effective October 11, 2024
Mr. Martucci will remain with the Company in a non-executive officer role.
the Board of Directors of Coherent Corp. (the “Company”) appointed James R. Anderson, the Company’s Chief Executive Officer, to also serve as the Company’s President, effective September 1, 2024
replacing Walter R. Bashaw II who, as previously announced, will resign from the Company as of September 6, 2024
On August 5, 2024, Coherent Corp. (the “Company”) and Walter R. Bashaw II, the Company’s President, agreed that he will be resigning effective September 6, 2024.
Coherent Corp. (the “Company”) made awards of restricted stock units (“RSU”) and performance stock units (“PSUs”) to its new Chief Executive Officer, James R. Anderson, effective on his start date, June 3, 2024.
On June 3, 2024, the Company announced the appointment of James R. Anderson as CEO of the Company, effective June 3, 2024
In compliance with his CEO Succession and Retirement Agreement dated February 17, 2024, Dr. Mattera resigned as a Class One member of the Board immediately before the Start Date
Max materiality 0.88 · Median 0.60 · Most common event leadership