13 September 2018

CVD Equipment establishes post of lead independent director

© Semiconductor Today Magazine / Juno PublishiPicture: Disco’s DAL7440 KABRA laser saw.

CVD Equipment Corp of Central Islip, NY, USA (a designer and maker of chemical vapor deposition, gas control, and other equipment for developing and manufacturing materials and coatings) says that its board of directors has established the new position of lead independent director, and the firm’s independent directors have unanimously elected Lawrence J. Waldman to the newly created position.

Waldman’s responsibilities will include coordinating the activities of the independent directors and serving as a liaison between the president/CEO and the other independent directors, and helping to facilitate the board’s oversight and shareholder responsiveness.

“We are committed to good corporate governance practices and believe that the addition of a lead independent director will help to enhance corporate oversight,” says Leonard A. Rosenbaum, president, CEO & chairman of the board. “As Larry takes on this new role, his broad experience should prove valuable to CVD and our shareholders.”

Tags: CVD Equipment

Visit: www.cvdequipment.com