News: Optoelectronics
24 August 2022
II-VI extends CEO contract with Chuck Mattera to August 2030
Engineered materials and optoelectronic component maker II-VI Inc of Saxonburg, PA, USA says that its board of directors, upon the recommendation of its Human Capital and Compensation Committee, has unanimously agreed to extend Dr Vincent D. ‘Chuck’ Mattera Jr’s contract as CEO until 1 August 2030.
“Chuck’s vision, energy and execution have driven our acquisition-related integration activities in the United States, Europe and Asia, thereby establishing additional growth engines that provide agility and sustainability to the company’s operations,” comments Dr Shaker Sadasivam, chairman of the Compensation Committee on the board of directors. “His leadership has positioned the company into large and transformative global growth markets while continually increasing its worldwide reach, deepening its technology and IP portfolio, broadening its product roadmap and customer base, and building its brand as a market leader,” he adds.
“I look forward with a great sense of mission to continuing to build on a strong record of excellence, to grow the company at a significant pace during this decade, and to set the stage for what may come next and beyond,” says chair & CEO Mattera. “I recognize Dr Carl Johnson, the co-founder and first CEO of II-VI, and Fran Kramer, our chair emeritus and second CEO, along with members of our board of directors, our executive team, and employees around the world.”
Mattera’s long association with II-VI began when he initially served as a member of the board from 2000 to 2002. He joined the company as vice president in 2004 and served as executive VP from 2010 to 2013, when he became chief operating officer. Mattera was re-appointed to the board in 2012. In 2014, he became president & chief operating officer. In 2016, Mattera became the company’s third president & CEO in 45 years and continued as CEO when the roles of president and CEO were separated in June 2019. He was named chair & CEO in November 2021.
II-VI’s CEO named Entrepreneur Of The Year 2020 East Central Award winner
