Ram Mayampurath to Join MKS Instruments as Chief Financial Officer

Rhea-AI Summary

MKS Instruments (NASDAQ: MKSI) has announced the appointment of Ram Mayampurath as Executive Vice President, Chief Financial Officer and Treasurer, effective October 14, 2024. Mayampurath, with over 25 years of experience in financial strategy and value creation, will join MKS from Rogers (NYSE: ROG), where he served as Senior Vice President, CFO, and Treasurer. He previously held positions at Rogers since 2014 and at Royal Philips Electronics from 2005 to 2014.

Mayampurath brings expertise in global finance, M&A, capital allocation strategy, revenue growth, and margin expansion. He is a chartered accountant with an MBA from Southern Illinois University and a Master's in Global Management from Thunderbird School of Global Management. John T.C. Lee, President and CEO of MKS, expressed pleasure in welcoming Mayampurath to the executive team.

Positive

• Appointment of experienced CFO with over 25 years in financial strategy
• New CFO brings expertise in M&A, capital allocation, revenue growth, and margin expansion
• Strengthening of executive team with addition of seasoned financial leader

Negative

• None.

ANDOVER, Mass., Aug. 13, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that transform our world, today announced that Ram Mayampurath has been appointed Executive Vice President, Chief Financial Officer and Treasurer, effective October 14, 2024. He will report directly to John T.C. Lee, President and Chief Executive Officer, and will be a member of MKS’ executive team. 

A global business leader with more than 25 years of experience in financial strategy, thought leadership, and value creation for shareholders and stakeholders, Mr. Mayampurath will join MKS from Rogers Corporation (NYSE: ROG), where he most recently served as Senior Vice President, Chief Financial Officer and Treasurer. Prior to that, he held positions of increasing responsibility in finance and business transformations since joining Rogers Corporation in 2014. Prior to joining Rogers Corporation, Mr. Mayampurath served in divisional financial leadership roles at Royal Philips Electronics from 2005 to 2014.

“Ram brings to MKS a proven record of achievement in global finance, M&A, capital allocation strategy, revenue growth, and margin expansion,” said Mr. Lee. “I am pleased to welcome him to the MKS executive team.”

Mr. Mayampurath is a chartered accountant and holds an MBA from Southern Illinois University and a Master’s degree in Global Management from Thunderbird School of Global Management.

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: press@mksinst.com

Kelly Kerry, Partner
Kekst CNC
Email: kerry.kelly@kekstcnc.com

FAQ

Who is the new CFO of MKS Instruments (MKSI)?

Ram Mayampurath has been appointed as the new Executive Vice President, Chief Financial Officer and Treasurer of MKS Instruments (MKSI), effective October 14, 2024.

When will Ram Mayampurath join MKS Instruments (MKSI) as CFO?

Ram Mayampurath will join MKS Instruments (MKSI) as CFO on October 14, 2024.

What is Ram Mayampurath's previous work experience before joining MKS Instruments (MKSI)?

Before joining MKS Instruments (MKSI), Ram Mayampurath served as Senior Vice President, CFO and Treasurer at Rogers (NYSE: ROG). He also held positions at Rogers since 2014 and at Royal Philips Electronics from 2005 to 2014.

What expertise does Ram Mayampurath bring to MKS Instruments (MKSI)?

Ram Mayampurath brings expertise in global finance, M&A, capital allocation strategy, revenue growth, and margin expansion to MKS Instruments (MKSI).