PITTSBURGH, Nov. 5 /PRNewswire-FirstCall/ -- II-VI Incorporated (NASDAQ:IIVI) announced today the results of its Annual Meeting of Shareholders held on November 2, 2007. Re-elected to the Company's Board of Directors were Peter W. Sognefest, President, Chief Executive Officer and Chairman of Seamoc, Inc. and Francis J. Kramer, President and Chief Executive Officer of II-VI Incorporated. The two elected directors join existing directors Carl J. Johnson, Chairman of II-VI Incorporated, Thomas E. Mistler, Operating Partner of Buckingham Capital Partners, Joseph J. Corasanti, President and Chief Executive Officer of CONMED Corporation, Duncan A.J. Morrison, Retired Chairman of ARRI Canada Ltd., Marc Y.E. Pelaez, Rear Admiral, United States Navy (retired) and Wendy F. DiCicco, Chief Financial Officer of Kensey Nash Corporation.
In addition to the election of directors, the shareholders of the Company also ratified the Audit Committee's selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2008.
Immediately following the Annual Meeting of Shareholders, the Company's Board of Directors appointed Thomas E. Mistler to serve as Lead Independent Director.
The Company's Board of Directors also appointed the following independent directors to serve as members of the various committees of the Board of Directors: -- Audit Committee
Duncan A.J. Morrison, Chairman
Joseph J. Corasanti
Wendy F. DiCicco
Thomas E. Mistler -- Compensation Committee
Peter W. Sognefest, Chairman
Joseph J. Corasanti
Thomas E. Mistler
Duncan A.J. Morrison
Marc Y.E. Pelaez -- Nominating and Corporate Governance Committee
Thomas E. Mistler, Chairman
Marc Y.E. Pelaez
Peter W. Sognefest The Company's Board of Directors also elected the following individuals as officers of the Company: Francis J. Kramer President and Chief Executive Officer
Carl J. Johnson Chairman
Craig A. Creaturo Chief Financial Officer and Treasurer
Herman E. Reedy Executive Vice President - Infrared Optics
James Martinelli Vice President - Military & Materials Business
Vincent D. Mattera, Jr. Vice President - Compound Semiconductor Group II-VI Incorporated, the worldwide leader in crystal growth technology, is a vertically-integrated manufacturing company that creates and markets products for a diversified customer base including industrial manufacturing, military and aerospace, medical radiology, high-power electronics and telecommunications, and thermoelectronics applications. Headquartered in Saxonburg, Pennsylvania, with manufacturing, sales, and distribution facilities worldwide, the Company produces numerous crystalline compounds including zinc selenide for infrared laser optics, cadmium zinc telluride for gamma radiation detectors, silicon carbide for high-power electronic and microwave applications, and bismuth telluride for thermoelectric coolers.
The Company's infrared optics business, II-VI Infrared, manufactures optical and opto-electronic components for industrial laser and thermal imaging systems. The Company's near-infrared optics business, VLOC, manufactures near-infrared and visible light products for industrial, scientific, military and medical instruments and laser gain materials and products for solid-state YAG and YLF lasers. In the Company's military & materials business, Exotic Electro-Optics (EEO) manufactures infrared products for military applications, and Pacific Rare Specialty Metals & Chemicals, produces and refines selenium and tellurium materials. In the Company's Compound Semiconductor Group, the eV PRODUCTS division manufactures and markets solid-state x-ray and gamma-ray sensor products and materials for use in medical, industrial, environmental, scientific and homeland security applications; the Wide Bandgap Materials (WBG) group manufactures and markets single crystal silicon carbide substrates for use in the solid-state lighting, wireless infrastructure, RF electronics and power switching industries; the Marlow Industries, Inc. subsidiary designs and manufactures thermoelectric cooling and power generation solutions for use in defense, space, photonics, telecommunications, medical, consumer and industrial markets; and, the Advanced Materials Development Center (AMDC) provides expertise in materials development, process development, and manufacturing scale up. DATASOURCE: II-VI Incorporated CONTACT: Craig A. Creaturo, Chief Financial Officer and Treasurer of II- VI Incorporated, +1-724-352-4455, Web site: http://www.ii-vi.com/
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