MKS Instruments (MKSI) has released an update to notify the public and investors about its officers.
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MKS Instruments, Inc. has appointed Michelle M. McCarthy as the new Vice President and Chief Accounting Officer, effective March 4, 2024, replacing Seth H. Bagshaw who is set to retire on April 1, 2024. McCarthy brings her expertise from Mercury Systems, Inc. and Analog Devices, Inc. to the role, along with a compensation package that includes a $400,000 base salary, potential cash bonuses, and equity awards. Her financial acumen and clean record with no prior related person transactions make her a valuable addition to the MKS executive team.
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For a comprehensive understanding of the announcement, you can read the full document here.