Axcelis Technologies’ Governance Revamp and Annual Meeting Outcomes

Axcelis Technologies (ACLS) has provided an update.

At Axcelis Technologies’ Annual Meeting on May 9, 2024, Mary G. Puma stepped down as Executive Chairperson. The meeting saw the election of nine directors, the ratification of Ernst & Young LLP as auditors, approval of executive compensation, and amendment to the Charter reflecting new Delaware law provisions limiting officer liability. Post-meeting, the Board appointed new committee members and elected Jorge Titinger as the Non-Executive Chairperson, ensuring the company’s governance structure remains robust and compliant.

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