Onto Innovation Welcomes Karen Rogge to its Board of Directors
Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation”, “Onto”, or
the “Company”) today announced Karen Rogge has joined its board of
Karen Rogge is a skilled financial and operational executive
with a strategic mindset focused on transformational growth and
optimizing operational performance. Ms. Rogge is the founder and
president of the RYN Group LLC, a management consulting business.
She has a proven track record of C-level executive roles at
multiple technology companies, such as the interim CFO position at
Applied Micro Circuits, senior VP and CFO at Extreme Networks, and
VP corporate finance, treasurer, and principal accounting officer
at Seagate Technology. In addition, Ms. Rogge served in various
financial management, general management, and multi-disciplinary
roles at Hewlett Packard, including head of IT for their $4 billion
test and measurement business.
She currently utilizes her
innovative experience as a thought leader, working closely with
CEOs and boards to focus their strategies for organic and inorganic
growth. Recently, she joined the board of directors at
Rambus Inc. Previously she was a board director of Kemet
Corporation, a global leader in the passive electronic components
industry. Ms. Rogge was part of the team that oversaw the firm’s
acquisition by Yageo for $1.8 billion and a 37% premium.
“We are adding Karen to Onto’s board to take advantage of her
strong financial background and experience in organic and inorganic
strategic growth initiatives. We expect her broad technology
experience across equipment and software will bring high-value
skills and insights to our board,” said Christopher Seams, chairman
of Onto Innovation’s board of directors.
“Karen brings a unique blend of strategic thinking and
leadership acumen from a variety of leading technology companies.
We look forward to her contributions to Onto Innovation’s board of
directors as we look to the exciting future of our company over the
next decade,” said Mike Plisinski, chief executive officer of Onto
Ms. Rogge concluded, “Onto Innovation is at an important
inflection point within a strong industry as the company expands
its served markets. It is an exciting time to join this talented
team, especially when the company has such a strong growth outlook
for the years ahead.”
About Onto Innovation Inc.
Onto Innovation is a leader in process control, combining global
scale with an expanded portfolio of leading-edge technologies,
which include: Un-patterned wafer quality; 3D metrology spanning
chip features from nanometer scale transistors to large die
interconnects; macro defect inspection of wafers and packages;
metal interconnect composition; factory analytics; and lithography
for advanced semiconductor packaging.
Our breadth of offerings across the entire semiconductor value
chain helps our customers solve their most difficult yield, device
performance, quality, and reliability issues. Onto Innovation
strives to optimize their customers’ critical path of progress by
making them smarter, faster and more efficient.
Headquartered in Wilmington, Massachusetts, Onto Innovation
supports customers with a worldwide sales and service organization.
Additional information can be found at www.ontoinnovation.com.
Forward Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
(the “Act”) which include Onto Innovation’s business momentum and
future growth; the benefit to customers of Onto Innovation’s
products and customer service; Onto Innovation’s ability to both
deliver products and services consistent with our customers’
demands and expectations and strengthen its market position as well
as other matters that are not purely historical data. Onto
Innovation wishes to take advantage of the “safe harbor” provided
for by the Act and cautions that actual results may differ
materially from those projected as a result of various factors,
including risks and uncertainties, many of which are beyond Onto
Innovation’s control. Such factors include, but are not limited to,
the length, severity and potential business impact of the COVID-19
pandemic, the Company’s ability to leverage its resources to
improve its position in its core markets; its ability to weather
difficult economic environments; its ability to open new market
opportunities and target high-margin markets; the strength/weakness
of the back-end and/or front-end semiconductor market segments; and
fluctuations in customer capital spending. Additional information
and considerations regarding the risks faced by Onto Innovation are
available in Onto Innovation’s Form 10-K report for the year ended
December 26, 2020 and other filings with the Securities and
Exchange Commission. As the forward-looking statements are based on
Onto Innovation’s current expectations, the Company cannot
guarantee any related future results, levels of activity,
performance or achievements. Onto Innovation does not assume any
obligation to update the forward-looking information contained in
this press release.
Source: Onto Innovation Inc.
version on businesswire.com: https://www.businesswire.com/news/home/20210913005167/en/
Investor Relations: Michael Sheaffer, +1 978.253.6273
Trade Press: Amy Shay, +1 952.259.1794
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