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Photronics Appoints George Macricostas as Executive Chairman
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Photronics Appoints George Macricostas as Executive Chairman

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Photronics ( (PLAB) ) has shared an update.

Photronics, Inc. has appointed George C. Macricostas as Executive Chairman, effective January 6, 2025. With over 30 years of experience in business operations and IT, Macricostas has been a significant member of the company’s Board of Directors since 2002. His transition to Executive Chairman is expected to further influence Photronics’ strategic direction and growth. This appointment results in both George Macricostas and his father, Deno Macricostas, no longer being considered independent directors, leaving the board with nine directors, six of whom are independent.

More about Photronics

Photronics is a leading worldwide manufacturer of integrated circuit (IC) and flat panel display (FPD) photomasks. These high precision quartz plates, containing microscopic images of electronic circuits, are key elements in the IC and FPD manufacturing process. Founded in 1969, Photronics operates 11 strategically located manufacturing facilities across Asia, Europe, and North America.

YTD Price Performance: 0.87%

Average Trading Volume: 483,505

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.53B

See more insights into PLAB stock on TipRanks’ Stock Analysis page.

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