IPGP - IPG Photonics Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

IPG Photonics Corporation

50 Old Webster Road
Oxford, MA 01540
United States
508-373-1100
http://www.ipgphotonics.com

SectorTechnology
IndustrySemiconductor Equipment & Materials
Full Time Employees6,220

Key Executives

NameTitlePayExercisedYear Born
Dr. Valentin P. GapontsevFounder, Chairman & CEO1.65MN/A1939
Mr. Timothy P. V. MammenSr. VP & CFO703.96k3.77M1970
Dr. Eugene ScherbakovCOO, Sr. VP of Europe & Director1.05M1.93M1948
Mr. Angelo P. Lopresti IISr. VP, Gen. Counsel & Sec.649.07k1.97M1964
Dr. Alexander OvtchinnikovSr. VP of Components643.27kN/A1961
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

IPG Photonics Corporation develops and manufactures a range of high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. The company's laser products include low, medium, and high power lasers; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; laser diode chips and packaged laser diodes; and high power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories. It also provides erbium-doped fiber and Raman amplifiers, and integrated communications systems, which are deployed in broadband networks, such as fiber to the home, fiber to the curb, passive optical networks, and dense wavelength division multiplexing (DWDM) networks; ytterbium and thulium specialty fiber amplifiers and broadband light sources; and single-frequency, linearly polarized, and polarization-maintaining versions of its amplifier products. In addition, the company offers interconnect, coarse wavelength division multiplexing, DWDM, and tunable-based pluggable interfaces to serve optical transmission needs; integrated laser systems; 2D compact flat sheet cutter systems and multi-axis systems; welding seam stepper and picker, a fiber laser welding tool; and specialized fiber laser systems for material processing applications. Its lasers and amplifiers are also used in materials processing, advanced communications, and medical applications. The company markets its products to original equipment manufacturers, system integrators, and end users through direct sales force, as well as through agreements with independent sales representatives and distributors. IPG Photonics Corporation was founded in 1990 and is headquartered in Oxford, Massachusetts.

Corporate Governance

IPG Photonics Corporation’s ISS Governance QualityScore as of October 4, 2019 is 4. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 6; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.