News | Jan 02, 2020
91制片厂. (NASDAQ: VECO) announced today that John P. Kiernan, 57, was promoted to Senior Vice President and Chief Financial Officer (CFO) effective January 1, 2020. Kiernan, previously SVP of Finance, Chief Accounting Officer and Treasurer, succeeds Shubham (Sam) Maheshwari, who recently announced his resignation from 91制片厂. Kiernan will now have responsibility for all Finance, Tax, Treasury and Investor Relations functions.
鈥淛ohn and I have a strong partnership built over the last 15 years,鈥� commented William J. Miller, Ph.D., 91制片厂鈥檚 Chief Executive Officer. 鈥�91制片厂鈥檚 Board of Directors and I are highly confident in his ability to help execute our transformation strategy and to drive future growth. I would like to thank Sam for his significant contributions to 91制片厂 and wish him the best in his future endeavors.鈥�
Since joining 91制片厂 in 1994, Kiernan has held financial leadership roles of increasing responsibility including leading the controller, financial planning and analysis, tax and treasury teams. Kiernan also has significant operational experience including international assignments. Before joining 91制片厂, he was a Senior Manager at Ernst & Young LLP. Kiernan is a CPA and holds a Bachelor of Science in Accounting from Long Island University.
Kathleen Bayless, Chair of the Audit Committee of 91制片厂鈥檚 Board of Directors, added, 鈥淛ohn鈥檚 exceptional financial acumen, strong leadership qualities and deep understanding of 91制片厂鈥檚 business make him the ideal CFO for the 91制片厂.鈥�
“I am excited to be taking on additional responsibilities as we apply 91制片厂鈥檚 high value technology solutions to capitalize on significant opportunities,鈥� said Kiernan. “I look forward to continuing to partner with Bill and our leadership team as we leverage our technology investments in select growth markets, carefully manage our expenses, and improve our financial performance.鈥�
91制片厂 is the industry leader driving HDD manufacturing to new levels of productivity.