MKS Instruments Announces Appointment of Wissam Jabre to its Board of Directors
Rhea-AI Summary
MKS Instruments (NASDAQ: MKSI) has appointed Wissam Jabre, EVP and Chief Financial Officer of Western Digital , to its Board of Directors, effective November 4, 2024. Jabre brings extensive experience in finance and the electronics/semiconductor markets. He currently leads Western Digital's global finance organization and previously served as CFO at Dialog Semiconductor until its Renesas Electronics acquisition. His career includes senior finance roles at AMD, Freescale Semiconductor, and Motorola. Jabre holds a B.E. in Electrical Engineering and an MBA from Columbia Business School.
Positive
- Addition of experienced financial executive with semiconductor industry expertise to the Board
- Strengthening of financial oversight with appointment of current Western Digital CFO
- Enhanced industry connections through executive with experience at major tech companies
Negative
- None.
News Market Reaction – MKSI
In the trading session that priced this news, MKSI gained 1.38%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ANDOVER, Mass., Nov. 05, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today announced that Wissam Jabre, EVP and Chief Financial Officer of Western Digital Corporation, has been appointed to its Board of Directors, effective November 4, 2024.
“We are pleased to welcome Wissam to the MKS Board of Directors,” said Jerry Colella, Chairman of the Board of MKS. “His strong background in key financial roles will provide valuable insight to the Board and MKS.”
“Wissam is an outstanding and accomplished global executive, with a strong record of achievement in finance and extensive experience in the electronics and semiconductor markets,” said John T.C. Lee, President and Chief Executive Officer of MKS. “We look forward to benefitting from his perspective and counsel.”
Background on Mr. Jabre
Mr. Jabre has served as Executive Vice President and Chief Financial Officer of Western Digital since February 2022, where he leads the global finance organization, including accounting, financial reporting, tax, treasury, internal audit, and investor relations. He previously served as Senior Vice President and Chief Financial Officer of Dialog Semiconductor from 2016 until it was acquired by Renesas Electronics in August 2021. Prior to that, he held senior finance roles at Advanced Micro Devices, Freescale Semiconductor, and Motorola. He began his career with Schlumberger, where he held engineering and finance roles.
He holds a B.E. in Electrical Engineering from the American University of Beirut and an MBA from Columbia Business School. He is a CFA© charterholder.
About MKS Instruments
MKS Instruments enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. We apply our broad science and engineering capabilities to create instruments, subsystems, systems, process control solutions and specialty chemicals technology that improve process performance, optimize productivity and enable unique innovations for many of the world’s leading technology and industrial companies. Our solutions are critical to addressing the challenges of miniaturization and complexity in advanced device manufacturing by enabling increased power, speed, feature enhancement, and optimized connectivity. Our solutions are also critical to addressing ever-increasing performance requirements across a wide array of specialty industrial applications. Additional information can be found at www.mks.com.
Contacts:
Bill Casey
Senior Director, Marketing Communications
Telephone: +1 (630) 995-6384
Email: bill.casey@mksinst.com
Kelly Kerry, Partner
Kekst CNC
Email: kerry.kelly@kekstcnc.com
