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Photronics (NASDAQ: PLAB) promotes Rivera, appoints Zhang, Alesio

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Photronics, Inc. appointed Eric Rivera as its President, effective January 12, 2026. He will continue to serve as Chief Financial Officer and remain the company’s principal financial officer, following prior roles as Chief Accounting Officer and Corporate Controller.

The company also named Rui (Elie) Zhang as Chief Accounting Officer and principal accounting officer, while she continues as Corporate Controller, and appointed Todd Alesio as Senior Vice President and Chief Administrative Officer, retaining his responsibilities as Head of Global Human Resources. The company states there are no special arrangements leading to these appointments and no related-party transactions requiring disclosure. A press release describing these leadership changes was issued on January 13, 2026.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported) 
January 12, 2026

graphic

PHOTRONICS, INC.
(Exact name of registrant as specified in its charter)
 
Connecticut
 
0-15451
 
06-0854886
(State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)

15 Secor Road, Brookfield, CT
 
06804
(Address of principal executive offices)
 
(Zip Code)

Registrant’s Telephone Number, including area code
(203) 775-9000


(Former name or former address, if changed since last report)

Securities registered or to be registered pursuant to Section 12(b) of the Act:

 
       
 
Title of each class
 
Trading Symbol(s)
 
Name of each exchange on which registered
 
COMMON STOCK, $0.01 par value per share
 
PLAB
 
NASDAQ Global Select Market

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 12, 2026, Photronics, Inc. (the “Company”) appointed Eric Rivera as its President. Mr. Rivera, age 49, will continue to serve as the Company’s Chief Financial Officer, which he has been since May 2024, and will remain the Company’s principal financial officer. Mr. Rivera previously served as the Company’s Chief Accounting Officer since 2020 and its Corporate Controller from 2020 until 2024.

On such date, as part of this transition, the Company also appointed Rui (Elie) Zhang as its Chief Accounting Officer. Ms. Zhang, age 55, has served as Controller of the Company since 2024, prior to which she was Assistant Controller. Ms. Zhang will now serve as the Company’s principal accounting officer and will continue in her role as Corporate Controller.

On such date, the Company also appointed Todd Alesio as its Senior Vice President and Chief Administrative Officer. Mr. Alesio, age 48, has been with the Company since November 2024, after serving as Vice President of Human Resources for Sperry Rail, Inc. since 2020. In this role, Mr. Alesio will retain his responsibility as Head of Global Human Resources.

There are no arrangements or understandings between Mr. Rivera, Ms. Zhang or Mr. Alesio and any other persons pursuant to which they were named to their respective offices. There are no related-party transactions involving Mr. Rivera, Ms. Zhang or Mr. Alesio that are required to be disclosed pursuant to Item 404(a) of Regulation S-K.

On January 13, 2026, the Company issued a press release announcing the foregoing officer appointments, which is attached as Exhibit 99.1 and incorporated herein by reference.



Item 9.01.
Financial Statements and Exhibits.
 
(d)
Exhibits
99.1
Press Release dated January 13, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)


SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
PHOTRONICS, INC.
(Registrant)
 
 
 
 
By: /s/ Christopher J. Lutzo
 
Name: Christopher J. Lutzo
  Title:
Vice President, General Counsel and Secretary
 
 
 
Date: January 13, 2026
 
 



FAQ

What leadership changes did Photronics (PLAB) announce in this 8-K?

Photronics appointed Eric Rivera as President while he continues as Chief Financial Officer, named Rui (Elie) Zhang as Chief Accounting Officer, and appointed Todd Alesio as Senior Vice President and Chief Administrative Officer.

Will Eric Rivera remain CFO of Photronics (PLAB) after becoming President?

Yes. Eric Rivera was appointed President and will continue to serve as Chief Financial Officer and as the company’s principal financial officer.

What role will Rui (Elie) Zhang hold at Photronics (PLAB)?

Rui (Elie) Zhang has been appointed Chief Accounting Officer and will serve as the company’s principal accounting officer, while continuing in her role as Corporate Controller.

Who is Photronics’ new Chief Administrative Officer and what are his responsibilities?

Photronics appointed Todd Alesio as Senior Vice President and Chief Administrative Officer. He will retain his responsibility as Head of Global Human Resources.

Did Photronics (PLAB) disclose any related-party transactions for these officer appointments?

No. The company states there are no related-party transactions involving Mr. Rivera, Ms. Zhang, or Mr. Alesio that are required to be disclosed under Item 404(a) of Regulation S-K.

Were there any special arrangements leading to these executive appointments at Photronics (PLAB)?

No. The company states there are no arrangements or understandings between the appointed officers and any other persons pursuant to which they were named to their offices.

Did Photronics (PLAB) issue a press release about these management changes?

Yes. Photronics issued a press release on January 13, 2026 announcing the officer appointments, which is included as Exhibit 99.1.
Photronics Inc

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