{"id":410731,"date":"2021-01-07T16:09:41","date_gmt":"2021-01-07T21:09:41","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=410731"},"modified":"2021-01-07T16:09:41","modified_gmt":"2021-01-07T21:09:41","slug":"ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova\/","title":{"rendered":"IPG Photonics Further Strengthens Board with Addition of Jeanmarie Desmond and Natalia Pavlova"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"start\">OXFORD, Mass., Jan.  07, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=w8yeyYKhDQLwiOn0lleZWM5z-PqwqTr7f5s2IIxljlR5coMoV0QyIy7k_jvuOzBk8BLpJRlHhgwHQqni3qlA2uCuUvrZ3ToRjZWGIsKxXyI=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>IPG Phot<\/u><u>o<\/u><u>n<\/u><u>i<\/u><u>cs Corporation<\/u><\/a>\u00a0(NASDAQ: IPGP) today announced that the Company has appointed Ms. Jeanmarie Desmond and Ms. Natalia Pavlova to its board of directors, effective January 7, 2021. Mr. Igor Samartsev, the Company\u2019s chief technology officer, is stepping down from his board seat.<\/p>\n<p align=\"start\">\u201cWe are delighted to welcome Jeanmarie and Natalia to IPG\u2019s board of directors,\u201d said Dr. Valentin Gapontsev, the chair and chief executive officer of IPG Photonics. \u201cJeanmarie\u2019s broad financial expertise and experience in a large innovation-driven company will be invaluable to our efforts to capitalize on growth opportunities across our vertical and geographic markets. Natalia strengthens the connection between the Company\u2019s founding members and our board, further aligning the board with the interests of all IPG stockholders. On behalf of the board and the entire company, I also would like to thank Igor for his 14 years of service as a director. We look forward to his continued contributions to IPG Photonics as our chief technology officer.\u201d<\/p>\n<p align=\"start\">Ms. Desmond is the former chief financial officer of DuPont. She was previously co-controller and head of finance for DowDuPont\u2019s Specialty Products Division, overseeing the division\u2019s strategic planning, portfolio integration, and financial reporting. Prior to the merger of Dow and DuPont, Ms. Desmond served as vice president and controller of DuPont. During her more than 25 years with DuPont, she was responsible for a number of key strategic areas including finance leadership and operations, financial planning and analysis, tax, internal audit, accounting controls, risk management, mergers and acquisitions, and investor relations. Ms. Desmond will also become a member of the Audit Committee of the IPG Board.<\/p>\n<p align=\"start\">Ms. Pavlova is the spouse of Mr. Samartsev and the former daughter-in-law of Dr. Gapontsev. In addition to her extensive knowledge of the Company\u2019s history and corporate culture, Ms. Pavlova is a significant shareholder, with a demonstrated commitment to the Company\u2019s long-term success.<\/p>\n<p align=\"start\">\n        <strong>About IPG Photonics Corporation<\/strong><br \/>\n        <br \/> IPG Photonics Corporation is the leader in high-power fiber lasers and amplifiers used primarily in materials processing and other diverse applications. The company\u2019s mission is to make its fiber laser technology the tool of choice in mass production. 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. A member of the S&amp;P 500\u00ae Index, IPG is headquartered in Oxford, Massachusetts and has more than 25 facilities worldwide. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rn_mn6opcz_EMDsLw3nCSFcixM6nlnp8f1a-n2vcgT4ud9lmDNr0tIPnjAcKwyzAzjdCNc8Afx6mMqPTyHJAGZ7MvCw_fKnsxviNhA8Ewgs=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.ipgphoto<\/u><u>n<\/u><u>ics.com<\/u><\/a>.<\/p>\n<p align=\"start\">\n        <strong>Contact:<\/strong><br \/>\n        <br \/> Nicholas Manganaro <br \/> Sharon Merrill Associates <br \/> (617) 542-5300 <br \/><u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=tFHNEGt7wB5VzLuZcwrMxbN51r331gR--qTvVWuIskAzByOW1r4nPiWclRxauFOi-Hca1ZuIY7K0nvQ2jkVrvNwevfqhoqFxC36vxybyOwj3AD9IBM91KtLptVMpM5qp\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">ipgp@investorrelations.com<\/a><\/u><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMjQwNyMzOTA5NDQwIzIwMTczMDQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/cc2ce34a-e1d1-40c7-91b1-a21d2fa0db1c\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>OXFORD, Mass., Jan. 07, 2021 (GLOBE NEWSWIRE) &#8212; IPG Photonics Corporation\u00a0(NASDAQ: IPGP) today announced that the Company has appointed Ms. Jeanmarie Desmond and Ms. Natalia Pavlova to its board of directors, effective January 7, 2021. Mr. Igor Samartsev, the Company\u2019s chief technology officer, is stepping down from his board seat. \u201cWe are delighted to welcome Jeanmarie and Natalia to IPG\u2019s board of directors,\u201d said Dr. Valentin Gapontsev, the chair and chief executive officer of IPG Photonics. \u201cJeanmarie\u2019s broad financial expertise and experience in a large innovation-driven company will be invaluable to our efforts to capitalize on growth opportunities across our vertical and geographic markets. Natalia strengthens the connection between the Company\u2019s founding members and our board, further aligning the board &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;IPG Photonics Further Strengthens Board with Addition of Jeanmarie Desmond and Natalia Pavlova&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-410731","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IPG Photonics Further Strengthens Board with Addition of Jeanmarie Desmond and Natalia Pavlova - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IPG Photonics Further Strengthens Board with Addition of Jeanmarie Desmond and Natalia Pavlova - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"OXFORD, Mass., Jan. 07, 2021 (GLOBE NEWSWIRE) &#8212; IPG Photonics Corporation\u00a0(NASDAQ: IPGP) today announced that the Company has appointed Ms. Jeanmarie Desmond and Ms. Natalia Pavlova to its board of directors, effective January 7, 2021. Mr. Igor Samartsev, the Company\u2019s chief technology officer, is stepping down from his board seat. \u201cWe are delighted to welcome Jeanmarie and Natalia to IPG\u2019s board of directors,\u201d said Dr. Valentin Gapontsev, the chair and chief executive officer of IPG Photonics. \u201cJeanmarie\u2019s broad financial expertise and experience in a large innovation-driven company will be invaluable to our efforts to capitalize on growth opportunities across our vertical and geographic markets. Natalia strengthens the connection between the Company\u2019s founding members and our board, further aligning the board &hellip; Continue reading &quot;IPG Photonics Further Strengthens Board with Addition of Jeanmarie Desmond and Natalia Pavlova&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-07T21:09:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMjQwNyMzOTA5NDQwIzIwMTczMDQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"IPG Photonics Further Strengthens Board with Addition of Jeanmarie Desmond and Natalia Pavlova\",\"datePublished\":\"2021-01-07T21:09:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova\\\/\"},\"wordCount\":454,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODEyMjQwNyMzOTA5NDQwIzIwMTczMDQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova\\\/\",\"name\":\"IPG Photonics Further Strengthens Board with Addition of Jeanmarie Desmond and Natalia Pavlova - 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Mr. Igor Samartsev, the Company\u2019s chief technology officer, is stepping down from his board seat. \u201cWe are delighted to welcome Jeanmarie and Natalia to IPG\u2019s board of directors,\u201d said Dr. Valentin Gapontsev, the chair and chief executive officer of IPG Photonics. \u201cJeanmarie\u2019s broad financial expertise and experience in a large innovation-driven company will be invaluable to our efforts to capitalize on growth opportunities across our vertical and geographic markets. Natalia strengthens the connection between the Company\u2019s founding members and our board, further aligning the board &hellip; Continue reading \"IPG Photonics Further Strengthens Board with Addition of Jeanmarie Desmond and Natalia Pavlova\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-07T21:09:41+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMjQwNyMzOTA5NDQwIzIwMTczMDQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"IPG Photonics Further Strengthens Board with Addition of Jeanmarie Desmond and Natalia Pavlova","datePublished":"2021-01-07T21:09:41+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova\/"},"wordCount":454,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMjQwNyMzOTA5NDQwIzIwMTczMDQ=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/ipg-photonics-further-strengthens-board-with-addition-of-jeanmarie-desmond-and-natalia-pavlova\/","name":"IPG Photonics Further Strengthens Board with Addition of Jeanmarie Desmond and Natalia Pavlova - 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