Coherent Corp. (IIVI)

174.99 +2.86 (+1.66%) At close: 04:00PM EDT

Coherent Corp.

375 Saxonburg Boulevard
Saxonburg, PA 16056-9499
United States
724 352 4455
https://www.ii-vi.com

Sector(s): Technology
Industry: Scientific & Technical Instruments
Full-time employees: 23,658

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Vincent D. Mattera Jr., Ph.D.	Board Chair & CEO	3.93M	N/A	1956
Mr. Walter Robert Bashaw II	Pres	1.05M	N/A	1965
Ms. Mary Jane Raymond	CFO & Treasurer	1.11M	N/A	1960
Dr. Giovanni Barbarossa Ph.D.	Pres of Materials Segment & Chief Strategy Officer	1.09M	N/A	1960
Dr. Christopher S. Koeppen	Chief Innovation Officer	718.8k	N/A	1971
Dr. Carl J. Johnson	Co-Founder	N/A	N/A	1942
Dr. Julie Sheridan Eng	Chief Technology Officer	N/A	N/A	1967
Mr. Anantha Ganga	Chief Information Officer	N/A	N/A	N/A
Mr. Ronald Basso J.D.	Chief Legal, Compliance Officer & Company Sec.	N/A	N/A	1960
Mr. Mark Lourie	VP of Corp. Communications	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. It operates in two segments, Compound Semiconductors and Photonic Solutions. The Compound Semiconductors segment provides optical and electro-optical components and materials used in high-power CO2 lasers, fiber-lasers, and direct diode lasers for materials processing applications; infrared optical components and high-precision optical assemblies for aerospace and defense, medical, and commercial laser imaging applications; semiconductor lasers and detectors for optical interconnects and sensing applications; engineered materials for thermoelectric, ceramics, and silicon carbide various applications; and compound semiconductor epitaxial wafers for applications in optical and wireless communication. The Photonic Solutions segment manufactures transceivers for data centers and telecom optical networks; pump lasers, optical amplifiers, wavelength selective switches, and advanced components for telecom networks; and crystal materials, optics, lasers, and optoelectronic modules in a range of applications, including optical communications, life sciences, and consumer electronics markets. The company serves original equipment manufacturers, laser end users, system integrators of high-power lasers, U.S. government prime contractors, and various U.S. government agencies, as well as manufacturers of equipment and devices for industrial, optical communications, consumer electronics, and security and monitoring applications. The company was formerly known as II-VI Incorporated and changed its name to Coherent Corp. in September 2022. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania.

Corporate governance

Coherent Corp.’s ISS governance QualityScore as of 30 March 2023 is 4. The pillar scores are Audit: 4; Board: 6; Shareholder rights: 5; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.