MKS Instruments (MKSI) just unveiled an update.
MKS Instruments, Inc. has announced the appointment of Ramakumar Mayampurath as the new Executive Vice President, Chief Financial Officer, and Treasurer, starting October 14, 2024. Mayampurath, with a rich background including a recent role as Senior Vice President and Chief Financial Officer at Rogers Corporation, brings extensive financial leadership experience to MKS Instruments. His compensation package includes a $625,000 annual base salary, eligibility for annual cash bonuses and equity awards, a one-time sign-on cash bonus of $1 million, and equity valued at $1.75 million, along with the potential for severance benefits and accelerated vesting of equity under certain conditions.
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