Close

Search

Search Menu
Photonics Media Photonics Marketplace Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

New Leadership for IPG Photonics

Facebook Twitter LinkedIn Email Comments
OXFORD, Mass., May 4, 2021 — Eugene Scherbakov has been named CEO of IPG Photonics. Scherbakov, who had served as COO, managing director of IPG Laser GmbH (IPG’s German subsidiary), and senior vice president, Europe and director, succeeds Valentin Gapontsev, company founder and current CEO and chairman of the board.

Gapontsev becomes executive chairman. Scherbakov joined IPG in 1995. He has been a member of IPG Laser GmbH’s board of directors since 2000.

Also on May 4, IPG reported first-quarter revenue of $346 million — a nearly 40% increase from last year’s first quarter.


Photonics.com
May 2021
BusinesspeopleIPGlasersValentin Gapontsevfiber lasersAmericasCEOCEO appointmentappointments

Comments
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2021 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.