IPG Photonics Appoints Mira Sahney as Senior Vice President of Global Laser Systems

Rhea-AI Summary

IPG Photonics (NASDAQ: IPGP) has appointed Mira Sahney as Senior Vice President of Global Laser Systems, a newly created position. Sahney brings over 20 years of leadership experience across industrial, medical, and high-tech markets. She previously served as President of Pelvic Health at Medtronic (2021-2024) and held executive positions at companies including Hyalex Orthopaedics, Smith + Nephew, and Myomo. In her new role, Sahney will lead IPG's global laser systems organization, overseeing strategy, operations, and innovation across the company's key system platforms worldwide. The appointment aligns with IPG's strategy to expand solution-based capabilities in welding, cleaning, micromachining, and medical applications.

Positive

• Strategic hire with extensive cross-sector experience in industrial, medical, and high-tech markets
• Appointment supports expansion into solution-based capabilities and growth in strategic areas
• New leadership position created to strengthen global systems organization

Negative

• None.

MARLBOROUGH, Mass., May 22, 2025 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP), the global leader in high-performance fiber lasers and laser systems, announced the appointment of Mira Sahney as Senior Vice President, Global Laser Systems.

Mira Sahney brings more than 20 years of leadership experience across industrial, medical, and high-tech markets. From 2021 to 2024, she served as President of the Pelvic Health Operating Unit at Medtronic. Prior to that, she was President and Chief Executive Officer of Hyalex Orthopaedics, a venture-backed medical device innovator. From 2009 to 2016, she held senior leadership roles at Smith + Nephew, including Senior Vice President and General Manager of the Ear, Nose & Throat and Gynecology businesses. She also co-founded and led Myomo, a wearable medical robotics company from 2004 – 2008. Earlier in her career, she held engineering roles at Flow International, developing ultra-high-pressure waterjet cutting systems for industrial applications, and at Agilent Technologies, where she focused on manufacturing optimization.

“We are thrilled to welcome Mira to IPG’s leadership team,” said Dr. Mark Gitin, Chief Executive Officer of IPG Photonics. “Mira’s cross-sector experience and operational leadership will be key as we expand our solution-based capabilities and pursue growth in strategic areas like welding, cleaning, micromachining, and medical applications.”

In this newly created position, Ms. Sahney will lead IPG’s global laser systems organization, overseeing strategy, operations, and innovation across the Company’s key system platforms and sites worldwide.

"IPG has a strong legacy in laser innovation and an exciting opportunity to expand its impact through complete, system-level solutions,” said Sahney. “I’m thrilled to lead our global systems teams to scale these capabilities and deliver technologies that drive value for our customers and push the boundaries of what’s possible.”

Ms. Sahney holds a B.S. in Mechanical Engineering from the University of Michigan, M.S. degrees from Stanford University and MIT, and an MBA from MIT Sloan School of Management Leaders for Global Operations (LGO) program.

Contact
Eugene Fedotoff
Senior Director, Investor Relations
IPG Photonics Corporation
508-597-4713
efedotoff@ipgphotonics.com

About IPG Photonics Corporation
IPG Photonics Corporation is the leader in high-power fiber lasers and amplifiers used primarily in materials processing and other diverse applications. The Company’s mission is to develop innovative laser solutions making the world a better place. IPG accomplishes this mission by delivering superior performance, reliability and usability at a lower total cost of ownership compared with other types of lasers and non-laser tools, allowing end users to increase productivity and decrease costs. IPG is headquartered in Marlborough, Massachusetts and has more than 30 facilities worldwide. For more information, visit www.ipgphotonics.com.

FAQ

Who is Mira Sahney and what is her new role at IPG Photonics (IPGP)?

Mira Sahney is the newly appointed Senior Vice President of Global Laser Systems at IPG Photonics. She brings over 20 years of leadership experience and will lead IPG's global laser systems organization, overseeing strategy, operations, and innovation.

What is Mira Sahney's professional background before joining IPGP?

Before joining IPG Photonics, Sahney was President of Pelvic Health at Medtronic (2021-2024), CEO of Hyalex Orthopaedics, Senior VP at Smith + Nephew, and co-founder of Myomo. She also held engineering roles at Flow International and Agilent Technologies.

What are the strategic areas IPGP is targeting with this appointment?

IPG Photonics is focusing on expanding its solution-based capabilities in strategic areas including welding, cleaning, micromachining, and medical applications.

What is Mira Sahney's educational background?

Sahney holds a B.S. in Mechanical Engineering from the University of Michigan, M.S. degrees from Stanford University and MIT, and an MBA from MIT Sloan School of Management Leaders for Global Operations program.