Coherent Corp (NYSE: COHR) has announced the appointment of Rob Beard as the company's new Chief Legal and Global Affairs Officer, as well as Corporate Secretary, effective immediately. Beard joins Coherent from Mastercard Incorporated, where he previously held the position of Chief Legal and Global Affairs Officer. Prior to his time at Mastercard, Beard spent nearly a decade at Micron Technology, Inc., including serving as the company's General Counsel and Corporate Secretary.
In addition to Beard's appointment, the company has also promoted Marie Batz Martin to the position of Chief Compliance Officer, reporting to Beard.
Coherent's CEO, Jim Anderson, expressed his enthusiasm for Beard's appointment, citing his extensive experience in the semiconductor industry and international policy, as well as his expertise in business and law. Anderson described Beard as an "excellent partner and counselor" to help Coherent unlock its full potential.
Beard, in turn, expressed his excitement about joining Coherent, highlighting the company's strong culture of innovation across multiple high-growth markets.
The outgoing Chief Legal Officer, Ron Basso, was thanked by Mr. Anderson for his leadership, with the latter expressing gratitude for Basso's commitment and continued dedication to the company.
Rob Beard brings over 20 years of experience in the technology industry to his new role at Coherent. His previous positions include corporate counsel at Amazon's Lab 126, as well as roles at Weil Gotshal & Manges and Shearman & Sterling, where he focused on M&A and capital markets transactions.
Coherent Corp, a global leader in materials, networking, and lasers, serves diversified applications for the industrial, communications, electronics, and instrumentation markets.
For more information about Coherent, visit coherent.com or contact the company at 724-352-4455. As a result of these announcements, the company's shares have moved 1.1% on the market, and are now trading at a price of $97.85. Check out the company's full 8-K submission here.