Australia markets open in 1 hour 56 minutes

Coherent Corp. (IIVIP)

NasdaqGS - NasdaqGS Delayed price. Currency in USD
Add to watchlist
163.36-5.37 (-3.18%)
At close: 10:19AM EST

Coherent Corp.

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

Sector(s)Technology
IndustryScientific & Technical Instruments
Full-time employees23,658

Key executives

NameTitlePayExercisedYear born
Dr. Vincent D. Mattera Jr., Ph.D.Board Chair & CEO3.93MN/A1956
Mr. Walter Robert Bashaw IIPres1.05MN/A1965
Ms. Mary Jane RaymondCFO & Treasurer1.11MN/A1960
Dr. Giovanni Barbarossa Ph.D.Pres of Materials Segment & Chief Strategy Officer1.09MN/A1960
Dr. Christopher S. KoeppenChief Innovation Officer718.8kN/A1971
Dr. Carl J. JohnsonCo-FounderN/AN/A1942
Dr. Julie Sheridan EngChief Technology OfficerN/AN/A1967
Mr. Anantha GangaChief Information OfficerN/AN/AN/A
Mr. Ronald Basso J.D.Chief Legal, Compliance Officer & Company Sec.N/AN/A1960
Mr. Mark LourieVP of Corp. CommunicationsN/AN/AN/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 1 December 2022 is 3. The pillar scores are Audit: 6; Board: 4; 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.