- IPG Photonics Corporation (NASDAQ:IPGP)announced that Managing Director, IPG Laser GmbH and Senior Vice President, Europe and member of the Board of Directors Eugene Scherbakov, Ph.D. will also serve in the newly created position of Chief Operating Officer, effective today.
- "Eugene has been the most valued member of IPG's leadership team for more than 20 years and has been instrumental in the Company's success during that time," said Dr. Gapontsev. "Given his demonstrated operational leadership, we are broadening the scope of Eugene's responsibilities to include worldwide production. Dr. Scherbakov will be responsible for enhancing process uniformity for production and service and continuing the standardization of information technology across IPG's manufacturing facilities."
- Source: Press Release