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15 December 2014

Rubicon's interim president & CEO made permanent; VP - financial operations becomes CFO

Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) says that its board of directors has appointed William Weissman to the permanent position of president & CEO. He has been interim CEO & president since 17 September and chief financial officer since 2007. Weissman has also been appointed a member of the board of directors.

“Bill Weissman has already demonstrated that he will be an effective leader for Rubicon and will be able to move the company forward with several critical initiatives,” comments chairman of the board Don Aquilano. “Under his leadership Rubicon will be successful in winning customers for our patterned sapphire substrate (PSS) product line, improving manufacturing effectiveness, and attracting the right talent to the organization,” he believes. “Bill has been instrumental in driving our vertical integration strategy for the past several years, and his industry knowledge and customer relationships are well established,” Aquilano continues.

“Our leadership team is focused on the further development of our strong technology platform to continue to maintain our quality leadership, reduce costs and introduce innovative new products,” comments Weissman. “The sapphire industry has faced tough times over the past few years, but the LED, consumer electronics and optical markets provide excellent growth opportunities.”

The board has appointed Ms Mardel A. Graffy as chief financial officer. After joining Rubicon in 2005, she rose to the position of VP – finance. In September, Graffy was appointed VP – financial operations. Prior to Rubicon, Graffy worked for FMC Technologies and KPMG.

See related items:

Rubicon's revenue dips in Q3 due to oversupply in 2-inch sapphire

Rubicon appoints CFO as interim CEO after Parvez steps down; initiates search for new CEO

Tags: Rubicon Sapphire substrates

Visit: www.rubicon-es2.com

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