– USA, MA – IPG Photonics Corporation (NASDAQ: IPGP) today announced the appointment of Agnes Tang and Felix Stukalin to its Board of Directors, bringing the Board to 10 members.
“I would like to welcome Agnes and Felix to the Board. Mais. Tang has more than twenty years of investment banking experience working across a range of industry sectors and different size companies, providing her with a broad perspective in how companies manage to maximize business potential. At the same time, Mr. Stukalin brings a valuable perspective to the Board with his business development experience, technical knowledge and deep understanding of the Company’s business,” said Board Chair, John Peeler.
About Agnes K. Tang
Agnes Tang is a Founding Partner at Ducera Partners LLC, which offers strategic advisory, mergers and acquisitions, capital advisory, liability, management, and restructuring advisory services. Before joining Ducera in 2015, Ms. Tang was a Managing Director in the New York Office of Perella Weinberg Partners from 2008 to 2015. Before joining Perella Weinberg, Ms. Tang was an investment banking professional at Houlihan Lokey and a strategy consultant at The Oliver Wyman Group, a business division of Marsh & McLennan Companies.
Ms. Tang received a Bachelor of Arts in Economics from Northwestern University and a Master of Business Administration from Harvard Business School. She brings to the Board a combination of strategy, operational and financial acumen, and a commitment to partnership and collaboration.
About Felix Stukalin
Felix Stukalin has served as IPG’s SVP, COO since February 2022. From February 2013 until February 2022, he served as IPG’s SVP, North America Operations. From March 2009 until February 2013, he served as the Company’s VP, Devices. Before joining IPG, he was VP, of Business Development of GSI Group Inc. from April 2002 to September 2008, and from March 2000 to April 2002 he was VP of Components and President of the Wave Precision divisions of GSI Lumonics.
Mr. Stukalin holds a B.S. in Mechanical Engineering from the University of Rochester and he is a graduate of the Harvard Business School General Management Program. The leadership and operational expertise of Mr. Stukalin have contributed to the introduction of new products and strategies, reduced manufacturing costs, and improved margins.
About IPG Photonics Corporation
IPG Photonics Corporation is the leader in high-power fiber lasers and amplifiers used primarily in materials processing and other diverse applications. The Company’s mission is to make its fiber laser technology the tool of choice in mass production. IPG accomplishes this mission by delivering superior performance, reliability, and usability at a lower total cost of ownership compared with other types of lasers and non-laser tools, allowing end-users to increase productivity and decrease costs. A member of the S&P 500 Index, IPG is headquartered in Oxford, Massachusetts, and has more than 30 facilities worldwide.
For more information: https://www.ipgphotonics.com
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