Photronics Hires Christopher J. Lutzo as Vice President and General Counsel
Rhea-AI Summary
Photronics (Nasdaq:PLAB) has appointed Christopher J. Lutzo as Vice President, General Counsel and Corporate Secretary. Lutzo, who joins the company's executive leadership team, will oversee all legal functions, global operations support, corporate governance, compliance, and risk management programs. He brings over 15 years of experience in commercial, transactional, corporate, securities, and compliance practices. Prior to joining Photronics, Lutzo worked at Crane Company and holds a Juris Doctor from Quinnipiac University.
Positive
- Addition of experienced legal executive with 15+ years expertise to leadership team
- Enhancement of corporate governance and risk management capabilities
Negative
- None.
News Market Reaction – PLAB
In the trading session that priced this news, PLAB gained 1.41%, 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.
BROOKFIELD, Conn., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Photronics, Inc. (Nasdaq:PLAB), a worldwide leader in photomask technologies and solutions, announced today that Christopher J. Lutzo has joined the company as Vice President, General Counsel and Corporate Secretary and has become a member of the Company’s executive leadership team. Lutzo will lead all aspects of Photronics’ legal function, providing support for its global operations and growth initiatives, as well as overseeing the company’s corporate governance, compliance, and risk management programs.
Frank Lee, CEO of Photronics, commented, “We are pleased Chris joined Photronics; his extensive expertise in aligning legal functions with business goals and managing risk will be a valuable asset to our executive team and shareholders.”
Lutzo brings over 15 years of experience in commercial, transactional, corporate, securities and compliance practice areas across diverse and highly regulated industries. He was most recently employed at Crane Company, a manufacturer of highly engineered instruments, controls and systems in the process flow and aerospace industries headquartered in Stamford, CT. He holds his Juris Doctor from Quinnipiac University in Hamden, CT.
About Photronics
Photronics is a leading worldwide manufacturer of integrated circuit (IC) and flat panel display (FPD) photomasks. High precision quartz plates that contain microscopic images of electronic circuits, photomasks are a key element in the IC and FPD manufacturing process. Founded in 1969, Photronics has been a trusted photomask supplier for over 50 years. As of October 31, 2024, the company had approximately 1,878 employees. The company operates 11 strategically located manufacturing facilities in Asia, Europe, and North America. Additional information on the company can be accessed at www.photronics.com.
For Further Information:
Ted Moreau
VP, Investor Relations
469.395.8175
tmoreau@photronics.com
