BEVERLY, Mass. - Axcelis Technologies, Inc. (NASDAQ:ACLS), a supplier of ion implantation solutions to the semiconductor industry, today announced the appointment of David Ryzhik as Senior Vice President of Investor Relations and Corporate Strategy, effective July 2024.
Ryzhik's appointment comes as the company prepares for the retirement of Doug Lawson, the current Executive Vice President of Corporate Marketing and Strategy, who will retire in July 2024 but will continue as a Senior Advisor until July 2025.
Ryzhik joins Axcelis with a robust background in investor relations and financial experience spanning over 20 years in various industries. He has previously held the position of Vice President of Investor Relations at MKS Instruments (NASDAQ:MKSI) and has experience as a Senior Equity Research Analyst at Susquehanna International Group, among other roles.
Ryzhik is a graduate of Pace University's Lubin School of Business and serves on the board of the National Investor Relations Institute's Boston Chapter.
Lawson, who will be retiring after a 15-year tenure with Axcelis, has been praised for his significant contributions to the company's growth and strategic direction. During his career at Axcelis, he has overseen corporate marketing, investor relations, business development, and IT.
Jamie Coogan, Executive Vice President and CFO of Axcelis, expressed enthusiasm about Ryzhik's upcoming role, noting his extensive financial sector knowledge and the value he will bring to the company's growth initiatives. Russell Low, President and CEO, acknowledged Lawson's lasting impact and leadership at Axcelis.
Axcelis, headquartered in Beverly, Massachusetts, has been a provider of high-productivity solutions for the semiconductor industry for over 45 years, focusing on ion implantation technology, a crucial step in integrated circuit manufacturing. This announcement is based on a press release statement from Axcelis Technologies, Inc.
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