Photronics Appoints Peter C. Broadbent Vice President, Investor Relations & Marketing
January 18 2012 - 9:00AM
Business Wire
Photronics, Inc. (Nasdaq:PLAB), a worldwide leader in supplying
innovative photomask-based imaging solutions for the global
electronics and display industries, announced today that Peter C.
Broadbent has been named Vice President, Investor Relations &
Marketing. Broadbent will manage the company’s communications with
the investment community to build awareness for Photronics’
business strategies and financial performance. He will report
directly to Constantine ("Deno") Macricostas, the company's
chairman and chief executive officer.
Prior to joining Photronics, Broadbent was CEO of Wahlstrom
Group, a directional advertising agency and unit of Interpublic
Group, from 2002 to 2009. He had over 25 years of ever-increasing
marketing and operating roles at Wahlstrom, one of the largest
directory agencies in the U.S. A well respected member of the
directory industry, Broadbent served on the Board of Directors of
the Local Search Association and the Insurance Marketing
Communications Association.
“We are delighted to have someone of Pete’s leadership and
marketing expertise join the Photronics team,” stated Deno
Macricostas. “He has been consulting with us this past year, in an
investor relations capacity, and it just made sense to bring him on
full time at this strategic period of expansion and growth.”
"I am excited to join Photronics, a highly regarded and
outstanding brand in the photomask industry," added Broadbent. "The
company is executing on all dimensions of the business, from
customer service to high-end technology, and financial results.
It’s an exciting success story, and I am thrilled to be working
with the management team to help communicate that message to the
investment community.”
Photronics is a leading worldwide manufacturer of photomasks.
Photomasks are high precision quartz plates that contain
microscopic images of electronic circuits. A key element in the
manufacture of semiconductors and flat panel displays, photomasks
are used to transfer circuit patterns onto semiconductor wafers and
flat panel substrates during the fabrication of integrated
circuits, a variety of flat panel displays and, to a lesser extent,
other types of electrical and optical components. They are produced
in accordance with product designs provided by customers at
strategically located manufacturing facilities in Asia, Europe, and
North America. Additional information on the Company can be
accessed at www.photronics.com.
The Private Securities Litigation Reform Act of 1995 provides a
“safe harbor” for forward-looking statements made by or on behalf
of Photronics, Inc. and its subsidiaries (the Company). The
forward-looking statements contained in this press release and
other parts of Photronics’ web site involve risks and uncertainties
that may affect the Company’s operations, markets, products,
services, prices, and other factors. These risks and uncertainties
include, but are not limited to, economic, competitive, legal,
governmental, and technological factors. Accordingly, there is no
assurance that the Company’s expectations will be realized. For a
fuller discussion of the factors that may affect the Company's
operations, see "Forward Looking Statements" in the Company's
Quarterly and Annual Reports to the Securities and Exchange
Commission on Forms 10-Q and 10-K. The Company assumes no
obligation to provide revisions to any forward-looking
statements.
03-2012
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