MKS INC shareholders rejected Consideration of a shareholder proposal to reduce the threshold percentage of shareholders required to call a special meeting of shareholders from 40% to 10%.
“(f) Consideration of a shareholder proposal to reduce the threshold percentage of shareholders required to call a special meeting of shareholders from 40% to 10%: Votes For Votes Against Votes Abstained 18,775,304 38,812,405 62,606 There were broker non-votes of 2,826,838 shares on this proposal.”
Shareholder Votes
MKS INC shareholders approved Approval, on an advisory basis, of a Company proposal to reduce the threshold percentage of shareholders required to call a special meeting of shareholders from 40% to 25%.
“(e) Approval, on an advisory basis, of a Company proposal to reduce the threshold percentage of shareholders required to call a special meeting of shareholders from 40% to 25%: Votes For Votes Against Votes Abstained 51,725,892 761,662 5,162,761 There were broker non-votes of 2,826,838 shares on this proposal.”
Shareholder Votes
MKS INC shareholders approved Ratification of the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026 at the 2026-12-31 meeting.
“(d) Ratification of the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026: Votes For Votes Against Votes Abstained 58,207,171 2,248,167 21,815 There were no broker non-votes for this proposal.”
Shareholder Votes
MKS INC shareholders approved Approval of compensation paid to the Company’s Named Executive Officers, as disclosed pursuant to the compensation disclosure rules of the SEC, including the Compensation Discussion and Analysis, the compensation tables and any related material disclosed in the Proxy Statement for this meeting.
“(c) Approval of compensation paid to the Company’s Named Executive Officers, as disclosed pursuant to the compensation disclosure rules of the SEC, including the Compensation Discussion and Analysis, the compensation tables and any related material disclosed in the Proxy Statement for this meeting: Votes For Votes Against Votes Abstained 55,786,344 1,829,291 34,680 There were broker non-votes of 2,826,838 shares on this proposal.”
Shareholder Votes
MKS INC shareholders approved Approval of the 2022 Stock Incentive Plan, as amended and restated.
“(b) Approval of the 2022 Stock Incentive Plan, as amended and restated: Votes For Votes Against Votes Abstained 56,266,577 1,347,761 35,977 There were broker non-votes of 2,826,838 shares on this proposal.”
Shareholder Votes
MKS INC shareholders approved Election of three Directors to serve for a one-year term and until their successors are elected.
“(a) Election of three Directors to serve for a one-year term and until their successors are elected: Director Nominee Votes For Votes Withheld Peter J. Cannone III 57,214,027 436,288 Joseph B. Donahue 54,218,941 3,431,374 Wissam G. Jabre 57,214,803 435,512 There were broker non-votes of 2,826,838 shares on this proposal.”
Earnings Releases
MKS INC reported the first quarter of 2026 results: revenue $1,078 million, net income GAAP net income of $84 million and net income per diluted share of $1.18, EPS Non-GAAP net earnings per diluted share of $2.30.
“MKS Inc. Reports First Quarter 2026 Financial Results • Revenue of $1,078 million, at the high end of guidance • GAAP net income of $84 million and net income per diluted share of $1.18 • Adjusted EBITDA of $277 million and Non-GAAP net earnings per diluted share of $2.30, each above the high end of guidance”
Debt Financings
MKS INC incurred term loan of $914 million.
“The Sixth Amendment, among other changes, (i) refinanced (a) the Existing USD Tranche B Term Loan with a new $914 million senior secured U.S.”
Debt Financings
MKS INC incurred senior notes of €1.0 billion at 4.250% per annum maturing February 15, 2034.
“completed its previously announced private offering (the “Offering”) of €1.0 billion aggregate principal amount of senior notes due 2034”
Material Agreements
MKS INC amended Sixth Amendment to Credit Agreement with JPMorgan Chase Bank, N.A. and J.P. Morgan SE, as administrative agent valued at $914 million (effective 2026-02-04).
“On February 4, 2026 (the “Effective Date”), the Company entered into a Sixth Amendment to Credit Agreement (the “Sixth Amendment”), which amends the Credit Agreement, dated as of August 17, 2022, by and among the Company, the lender and letter of credit issuers party thereto, JPMorgan Chase Bank, N.A. (“JPM”) and J.P. Morgan SE, as administrative agent, and JPM, as collateral agent (as amended from time to time, including by the First Amendment to Credit Agreement, dated October 3, 2023, by the Second Amendment to Credit Agreement, dated January 22, 2024, by the Third Amendment to Credit Agreement, dated February 13, 2024, by the Fourth Amendment to Credit Agreement, dated July 23, 2024, by the Fifth Amendment to Credit Agreement, dated January 24, 2025, and by the Sixth Amendment, the “Credit Agreement”).”
Material Agreements
MKS INC entered into Indenture with U.S. Bank Trust Company, National Association, as trustee valued at €1.0 billion aggregate principal amount (effective 2026-02-04).
“On February 4, 2026, the Company and the Guarantors entered into an indenture (the “Indenture”) with respect to the Notes with U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).”
Governance Changes
MKS INC: Administrative amendment to reflect company name change to MKS Inc., effective May 16, 2025 (effective 2025-05-16).
“In connection with the change to the Company’s name to MKS Inc., the Board approved an additional administrative amendment to the By-Laws to reflect the name change (the “By-Laws Name Change Amendment” and, together with the By-Laws Supermajority Amendment, the “By-Laws Amendments”) effective as of May 16, 2025.”
Governance Changes
MKS INC: Amendment to lower voting requirement to amend by-laws from supermajority to simple majority, effective immediately upon shareholder approval on May 12, 2025 (effective 2025-05-12).
“At the 2025 Annual Meeting, shareholders of the Company approved an amendment to the Company’s Second Amended and Restated By-Laws (the “By-Laws”) to lower the voting requirement to amend the By-Laws from a supermajority to a simple majority voting standard (the “By-Laws Supermajority Amendment”).”
Governance Changes
MKS INC: Amendments to lower supermajority voting to simple majority and change company name to MKS Inc., filed with Secretary of Commonwealth of Massachusetts on May 16, 2025 (effective 2025-05-16).
“Following shareholder approval of the Articles Amendments proposals, the Company filed the Restated Articles of Organization with the Secretary of the Commonwealth of the Commonwealth of Massachusetts to effect the Articles Amendments on May 16, 2025.”
David P. Henry was appointed as Executive Vice President, Global Strategic Marketing and General Manager, Materials Solutions Division at MKS INC.
“appointed David P. Henry, who currently serves as Executive Vice President, Operations and Corporate Marketing, to serve as Executive Vice President, Global Strategic Marketing and General Manager, Materials Solutions Division, effective as of August 1, 2025.”
James A. Schreiner was appointed as Executive Vice President and Chief Operating Officer at MKS INC.
“appointed James A. Schreiner, age 63, who currently serves as Executive Vice President and Chief Operating Officer, Materials Solutions Division, to serve as Executive Vice President and Chief Operating Officer, effective as of August 1, 2025.”
Governance Changes
MKS INC: Amended and restated bylaws to declassify the Board and enhance stockholder nomination procedures (effective 2024-12-02).
“On December 2, 2024, the Board of Directors (the “Board”) of MKS Instruments, Inc. (the “Company”) approved and adopted the Second Amended and Restated By-Laws of the Company (the “Second Amended and Restated By-Laws”), effective as of the same date.”
Wissam Jabre was appointed as Director at MKS INC.
“On November 4, 2024, the Board of Directors (the “Board”) of MKS Instruments, Inc. (the “Company”) appointed Wissam Jabre as a Class III Director, effective November 4, 2024, to serve until the 2026 Annual Meeting of Shareholders.”
Ramakumar Mayampurath was appointed as Executive Vice President, Chief Financial Officer and Treasurer at MKS INC.
“On August 5, 2024, the Board of Directors of MKS Instruments, Inc. (the “Company”) appointed Ramakumar Mayampurath to serve as Executive Vice President, Chief Financial Officer and Treasurer of the Company, effective October 14, 2024.”
Debt Financings
MKS INC incurred convertible notes of $1.4 billion aggregate principal amount with U.S. Bank Trust Company, National Association at 1.25% per annum maturing June 1, 2030.
“completed its previously announced private offering of $1.4 billion aggregate principal amount of its convertible senior notes due 2030 (the “Notes”).”
Material Agreements
MKS INC entered into Capped Call Confirmations with Certain initial purchasers and affiliates valued at Privately negotiated capped call transactions to reduce dilution or offset cash payments upon conver (effective 2024-05-13).
“On May 13, 2024, in connection with the pricing of the Notes, and on May 14, 2024, in connection with the exercise in full by the initial purchasers of their option to purchase additional Notes, the Company entered into privately negotiated capped call transactions with certain of the initial purchasers of the Notes or their respective affiliates and other financial institutions pursuant to capped call confirmations in substantially the form filed as Exhibit 10.1 to this Current Report on Form 8-K, which is incorporated herein by reference (and this description is qualified in its entirety by reference to such document).”
Material Agreements
MKS INC entered into Purchase Agreement with Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, BofA Securities, Inc., Mizuho Securities USA LLC valued at Private offering of $1.4 billion convertible senior notes due 2030 (effective 2024-05-13).
“The Notes were sold in a private placement under a purchase agreement, dated as of May 13, 2024 (the “Purchase Agreement”), entered into by and between the Company and each of Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, BofA Securities, Inc. and Mizuho Securities USA LLC, as representatives of the several initial purchasers named therein, for resale to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).”
Material Agreements
MKS INC entered into Convertible Senior Notes due 2030 Indenture with U.S. Bank Trust Company, National Association valued at $1,400,000,000 aggregate principal amount at 1.25% interest per annum (effective 2024-05-16).
“On May 16, 2024, the Company entered into an indenture (the “Indenture”) with respect to the Notes with U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).”
Shareholder Votes
MKS INC shareholders approved Shareholder proposal regarding simple majority voting at the 2024-05-07 meeting.
“A shareholder proposal regarding simple majority voting: Votes For Votes Against Votes Abstained 51,772,218 10,284,207 57,503 There were broker non-votes of 2,405,183 shares for this proposal.”
Shareholder Votes
MKS INC shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent auditor at the 2024-05-07 meeting.
“Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024: Votes For Votes Against Votes Abstained 62,942,476 1,554,019 22,616 There were no broker non-votes for this proposal.”
Shareholder Votes
MKS INC shareholders approved Approval of compensation paid to the Company’s Named Executive Officers at the 2024-05-07 meeting.
“Approval of compensation paid to the Company’s Named Executive Officers, as disclosed pursuant to the compensation disclosure rules of the U.S. Securities and Exchange Commission, including the Compensation Discussion and Analysis, the compensation tables and any related material disclosed in the Proxy Statement for this meeting: Votes For Votes Against Votes Abstained 57,810,465 4,262,593 40,870 There were broker non-votes of 2,405,183 shares on this proposal.”
Shareholder Votes
MKS INC shareholders approved Election of three Class I Directors to serve for a three-year term and until their successors are elected at the 2024-05-07 meeting.
“Election of three Class I Directors to serve for a three-year term and until their successors are elected: Director Nominee Votes For Votes Withheld Rajeev Batra 57,707,241 4,406,687 Gerald G. Colella 59,703,395 2,410,533 Elizabeth A. Mora 49,280,867 12,833,061 There were broker non-votes of 2,405,183 shares on this proposal.”
Earnings Releases
MKS INC reported the second quarter of 2024 results: revenue $860 million, plus or minus $40 million, EPS $0.93, plus or minus $0.26. Guidance initiated.
“Second Quarter 2024 Outlook For the second quarter of 2024, the Company expects revenue of $860 million, plus or minus $40 million, Adjusted EBITDA of $197 million, plus or minus $23 million, and Non-GAAP net earnings per diluted share of $0.93, plus or minus $0.26.”
Earnings Releases
MKS INC reported the quarter ended March 31, 2024 results: revenue $868 million, net income $15 million, EPS $0.22.
“MKS Instruments Reports First Quarter 2024 Financial Results • Quarterly revenue of $868 million, above the midpoint of guidance • Quarterly GAAP net income of $15 million and net income per share of $0.22 • Quarterly Adjusted EBITDA of $217 million and Non-GAAP net earnings per diluted share of $1.18, exceeding the high-end of guidance”
John T.C. Lee was appointed as principal financial officer at MKS INC.
“Following Mr. Bagshaw’s retirement, on April 1, 2024, John T.C. Lee, President and Chief Executive Officer of the Company, assumed the role of principal financial officer of the Company on an interim basis while the Company continues its search for Mr. Bagshaw’s successor.”
Seth H. Bagshaw retired as Executive Vice President, Chief Financial Officer and Treasurer at MKS INC.
“As previously announced, on April 1, 2024, Seth H. Bagshaw retired as Executive Vice President, Chief Financial Officer and Treasurer of MKS Instruments, Inc. (the “Company”).”
Debt Financings
MKS INC amended revolving credit of increased the available borrowing capacity under its senior secured revolving credit facility by $175 million with JPMorgan Chase Bank, N.A..
“Pursuant to the Third Amendment, the Company increased the available borrowing capacity under its senior secured revolving credit facility by $175 million (the “Incremental Revolving Commitments”), from $500 million to $675 million.”
Material Agreements
MKS INC amended Third Amendment to Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent valued at $175 million (effective 2024-02-13).
“On February 13, 2024 (the “Effective Date”), MKS Instruments, Inc., a Massachusetts corporation (the “Company”), entered into the Third Amendment to Credit Agreement (the “Third Amendment”), which amends the Credit Agreement, dated as of August 17, 2022, by and among the Company, the lenders and letter of credit issuers party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent (as amended from time to time, including by the First Amendment to Credit Agreement, dated October 3, 2023, by the Second Amendment to Credit Agreement, dated January 22, 2024, and by the Third Amendment, the “Credit Agreement”). Pursuant to the Third Amendment, the Company increased the available borrowing capacity under its senior secured revolving credit facility by $175 million”
Seth H. Bagshaw retired as Executive Vice President, Chief Financial Officer and Treasurer at MKS INC.
“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.”
Michelle M. McCarthy was appointed as Vice President and Chief Accounting Officer at MKS INC.
“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.”
Earnings Releases
MKS INC reported First quarter of 2024 results: revenue $840 million, plus or minus $40 million, EPS Non-GAAP net earnings per diluted share of $0.72, plus or minus $0.25. Guidance initiated.
“First Quarter 2024 Outlook For the first quarter of 2024, the Company expects revenue of $840 million, plus or minus $40 million, Adjusted EBITDA of $182 million, plus or minus $22 million, and Non-GAAP net earnings per diluted share of $0.72, plus or minus $0.25.”
Earnings Releases
MKS INC reported the quarter ended December 31, 2023 results: revenue $893 million, net income GAAP net loss of $68 million, EPS net loss per share of $1.02.
“Quarterly revenue of $893 million, exceeding the high-end of guidance • Quarterly GAAP net loss of $68 million and net loss per share of $1.02”
Debt Financings
MKS INC incurred term loan of €250 million with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent.
“borrowed additional Euro senior secured tranche B term loans (the "Incremental Euro Tranche B Loans" and together with the Incremental USD Tranche B Loans, the "Incremental Tranche B Loans") in an aggregate principal amount of €250 million”
Debt Financings
MKS INC incurred term loan of $490 million with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent.
“borrowed additional U.S. Dollar senior secured tranche B term loans (the "Incremental USD Tranche B Loans") in an aggregate principal amount of $490 million”
Material Agreements
MKS INC amended Second Amendment to Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, and the lenders and letter of credit issuers party thereto valued at aggregate principal amount of $490 million, (ii) borrowed additional Euro senior secured tranche B t (effective 2024-01-22).
“On January 22, 2024 (the “Effective Date”), MKS Instruments, Inc., a Massachusetts corporation (the “Company”), entered into the Second Amendment to Credit Agreement (the “Refinancing Amendment”), which amends the Credit Agreement, dated as of August 17, 2022, by and among the Company, the lenders and letter of credit issuers party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent”
Seth H. Bagshaw departed as Executive Vice President, Chief Financial Officer and Treasurer at MKS INC.
“On December 1, 2023, Seth H. Bagshaw, Executive Vice President, Chief Financial Officer and Treasurer of MKS Instruments, Inc. (the “Company”) notified the Company that he intends to retire as Executive Vice President, Chief Financial Officer and Treasurer of the Company effective April 1, 2024.”
Earnings Releases
MKS INC updated its the quarter ended September 30, 2023 guidance (reaffirmed).
“On November 1, 2023, MKS Instruments, Inc. announced its financial results for the quarter ended September 30, 2023.”
Debt Financings
MKS INC amended term loan with JPMorgan Chase Bank, N.A. at decreased the applicable margin for the Company’s $3.6 billion senior secured tr.
“The Repricing Amendment (i) decreased the applicable margin for the Company’s $3.6 billion senior secured tranche B term loans (the “USD Tranche B”) from 2.75% to 2.50% with respect to SOFR borrowings and from 1.75% to 1.50% with respect to base rate borrowings, (ii) removed the credit spread adjustments applicable to SOFR borrowings and (iii) extended the period during which a 1.00% prepayment premium may be required if the Company prepays any loans under the USD Tranche B in connection with a repricing transaction until the date that is six months following the Effective Date.”
Material Agreements
MKS INC amended Repricing Amendment with JPMorgan Chase Bank, N.A. (effective 2023-10-03).
“On October 3, 2023 (the “Effective Date”), MKS Instruments, Inc., a Massachusetts corporation (the “Company”), entered into the First Amendment to Credit Agreement (the “Repricing Amendment”), which amends the Credit Agreement, dated as of August 17, 2022, by and among the Company, the lenders and letter of credit issuers party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent (as amended, the “Credit Agreement”).”
Earnings Releases
MKS INC reported quarter ended June 30, 2023 results: revenue $1.0 billion, net income GAAP net loss per share of $26.47, EPS $1.32.
“set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- EX-99.1 EXHIBIT 99.1 MKS Instruments Reports Second Quarter 2023 Financial Results • Revenue of $1.0 billion, up 26% sequentially and above the midpoint of guidance • Semiconductor market revenue of $440 million, up 42% sequentially and above high end of guidance • Gross margin of”
Material Agreements
MKS INC entered into Underwriting Agreement with J.P. Morgan Securities LLC (underwriter) and entities affiliated with Carlyle (Selling Stockholders) valued at Underwriter to purchase 2,000,000 shares of Common Stock at $96.76 per share; Company receives no pr (effective 2023-06-01).
“On June 1, 2023, MKS Instruments, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with J.P. Morgan Securities LLC, as underwriter (the “Underwriter”), and entities affiliated with Carlyle (collectively, the “Selling Stockholders”).”
Shareholder Votes
MKS INC shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023 at the 2023-05-16 meeting.
“d) Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023: Votes For Votes Against Votes Abstained 61,642,801 882,305 27,896 There were no broker non-votes for this proposal.”
Shareholder Votes
MKS INC shareholders approved Approval of a shareholder advisory vote on the frequency of advisory votes on executive compensation at the 2023-05-16 meeting.
“c) Approval of a shareholder advisory vote on the frequency of advisory votes on executive compensation: One Year Two Years Three Years Abstain 59,969,582 38,154 541,165 33,352 There were no broker non-votes for this proposal.”
Shareholder Votes
MKS INC shareholders approved Approval of compensation paid to the Company’s Named Executive Officers, as disclosed pursuant to the compensation disclosure rules of the U.S. Securities and Exchange Commission, including the Compensation Discussion and Analysis, the compensation tables and any related material disclosed in the Pr at the 2023-05-16 meeting.
“b) Approval of compensation paid to the Company’s Named Executive Officers, as disclosed pursuant to the compensation disclosure rules of the U.S. Securities and Exchange Commission, including the Compensation Discussion and Analysis, the compensation tables and any related material disclosed in the Proxy Statement for this meeting: Votes For Votes Against Votes Abstained 58,447,222 1,979,837 155,194 There were broker non-votes of 1,970,749 shares on this proposal.”
Shareholder Votes
MKS INC shareholders approved Election of two Class III Directors at the 2023-05-16 meeting.
“a) Election of two Class III Directors to serve for a three-year term and until their successors are elected: Director Nominee Votes For Votes Withheld Peter J. Cannone III 58,525,631 2,056,622 Joseph B. Donahue 56,987,072 3,595,181 There were broker non-votes of 1,970,749 shares on this proposal.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.