CMC Materials, Inc. (Nasdaq: CCMP), a leading global supplier of
consumable materials primarily to semiconductor manufacturers, is
pleased to announce today the election of Dr. Anne K. Roby to the
Company’s Board of Directors.
Dr. Roby, 56, most recently served as an
Executive Vice President and Member of the Management Committee of
Linde plc, a leader in industrial and specialty materials for the
semiconductor and other industries, from September 2017, upon
Linde’s merger with Praxair, Inc., until her retirement in July
2020. At Linde, Dr. Roby was responsible for the entity’s
Praxair Surface Technologies, Electronic Materials and Helium/Rare
Gases businesses, which accounted for annual revenues of more than
$1.7 billion. In addition, she led the company’s global
functions, including safety, health and environment,
sustainability, quality, strategic sales, operations excellence,
procurement, digitalization, and research and development.
She also was an executive champion of the combined company’s
diversity, equity and inclusion programs. Her tenure at Linde
capped a more than 25 year career at Praxair prior to the merger,
culminating in her serving as a Senior Vice President and Member of
the Office of the Chairman from 2014 to 2017, with largely the same
responsibilities as at Linde, in addition to global engineering,
supply system development and capital project execution.
Prior to this, she was the President, Praxair Asia and Electronics,
based in Shanghai, China, for four years. Dr. Roby is the Vice
Chair of the Board of the Nuvance Health Network, and is a Trustee
of Villanova University. She received her B.Sc. from
Villanova University, and her Ph.D. from the University of
Delaware, both in Chemical Engineering, and is a Member of the
National Academy of Engineering.
“We are delighted to welcome Anne to our Board
of Directors and look forward to the extensive leadership
experience she brings from global semiconductor and specialty
materials industries, and other sectors in which advantaged
technology, quality and supply chain excellence are critical
to success and growth,” said William P. Noglows, CMC
Materials’ Chairman. “Anne’s well-respected background,
compiled over the past 30 years, is rooted in deep knowledge of
customers, suppliers, markets and cultures that are also essential
to our business,” added David Li, President and Chief Executive
Officer. “In addition, her expertise in critical areas such
as sustainability and environmental, health and safety, and the
digital transformation of and operational cybersecurity issues
related to global technology and manufacturing companies,
complements well our existing Board, and we look forward to her
guidance and advice in the years to come.”
Dr. Roby was elected today by the Board of
Directors of the Corporation with a term continuing until the
Corporation’s annual meeting of stockholders to be held in 2022.
She also was appointed a member of the Compensation Committee and
Nominating and Corporate Governance Committee of the Board of
Directors. The Corporation’s Board of Directors has
determined that Dr. Roby is an independent director as defined by
relevant regulations. The current size of the Corporation’s
Board of Directors is eight.
ABOUT CMC MATERIALS, INC.
CMC Materials, Inc., headquartered in Aurora,
Illinois, is a leading global supplier of consumable materials
primarily to semiconductor manufacturers. The company’s
products play a critical role in the production of advanced
semiconductor devices, helping to enable the manufacture of
smaller, faster and more complex devices by its customers. CMC
Materials, Inc. is also a leading provider of performance materials
to pipeline operators. The company's mission is to create
value by delivering high-performing and innovative solutions that
solve its customers’ challenges. The company has
approximately 2,100 employees globally. For more information about
CMC Materials, Inc., visit www.cmcmaterials.com, or contact Colleen
Mumford, Vice President, Communications and Marketing, at
630-499-2600.
SAFE HARBOR STATEMENT
This press release contains forward-looking
statements, which address a variety of subjects including, for
example, future sales and operating results; growth or contraction,
and trends in the industries and markets in which the company
participates such as the semiconductor, and oil and gas,
industries; the acquisition of, investment in, or collaboration
with other entities, and the expected benefits and synergies of
such acquisitions; divestment or disposition, or cessation of
investment in certain, of the company’s businesses; new product
introductions; development of new products, technologies and
markets; product performance; the financial conditions of the
company's customers; the competitive landscape that relates to the
company’s business; the company's supply chain; natural disasters;
various economic or political factors and international or national
events, including related to global public health crises such as
the COVID-19 pandemic, and the enactment of trade sanctions,
tariffs, or other similar matters; the generation, protection and
acquisition of intellectual property, and litigation related to
such intellectual property or third party intellectual property;
environmental, health and safety laws and regulations, and related
compliance; the operation of facilities by the company; the
company's management; foreign exchange fluctuation; the company's
current or future tax rate, including the effects of changes to tax
laws in the jurisdictions in which the company operates;
cybersecurity threats; financing facilities and related debt, pay
off or payment of principal and interest, and compliance with
covenants and other terms; and, uses and investment of the
company's cash balance, including dividends and share repurchases,
which may be suspended, terminated or modified at any time for any
reason by the company, based on a variety of factors. Statements
that are not historical facts, including statements about CMC
Materials’ beliefs, plans and expectations, are forward-looking
statements. Such statements are based on current expectations of
CMC Materials’ management and are subject to a number of factors
and uncertainties, which could cause actual results to differ
materially from those described in the forward-looking statements.
For information about factors that could cause actual results to
differ materially from those described in the forward-looking
statements, please refer to CMC Materials’ filings with the
Securities and Exchange Commission (“SEC”), including the risk
factors contained in CMC Materials’ Annual Report on Form 10-K for
the fiscal year ended September 30, 2020 filed on November 17,
2020. Except as required by law, CMC Materials undertakes no
obligation to update forward-looking statements made by it to
reflect new information, subsequent events or circumstances.
Source: CMC Materials
Colleen Mumford
Vice President, Communications and Marketing
CMC Materials, Inc.
(630) 499-2600
CMC Materials (NASDAQ:CCMP)
Historical Stock Chart
From Jun 2024 to Jul 2024
CMC Materials (NASDAQ:CCMP)
Historical Stock Chart
From Jul 2023 to Jul 2024