US EditionAxcelis Announces CFO Transition
David Ryzhik, with over 20 years of finance experience, named interim CFO to ensure smooth transition before permanent CFO search amid Axcelis' pending Veeco merger.
- Axcelis Technologies appointed Senior Vice President of Investor Relations and Corporate Strategy David Ryzhik as Interim CFO on Thursday, March 12, 2026, succeeding James Coogan.
- On Thursday, March 12, 2026, Axcelis appointed David Ryzhik as Interim CFO, with Coogan remaining until April 24 to ensure a smooth transition, and leadership thanked him for his contributions.
- Regarding the pending merger with Veeco, Low stated that Ryzhik has "played a significant role" and the board expressed confidence in his leadership during the transition.
- Regarding his new role, Ryzhik said, 'I am honored to step into the Interim CFO role,' and plans to focus on executing strategy and advancing integration with Veeco.
- To identify a permanent CFO, Axcelis will initiate a search with a leading firm as Ryzhik brings over 20 years of experience, including roles at MKS Instruments.
32 Articles
32 Articles
The Norfolk Daily News
Axcelis Announces CFO Transition
BEVERLY, Mass., March 12, 2026
Axcelis Announces CFO Transition (2026-03-12)
-Axcelis Technologies, Inc. today announced that David Ryzhik, Senior Vice President of Investor Relations and Corporate Strategy, has been appointed Interim Chief Financial Officer, effective March 12. Axcelis will initiate a search process with the assistance of a leading executive search firm to identify its next CFO. "I am honored to step into the Interim...
A Look At Axcelis Technologies (ACLS) Valuation After Naming David Ryzhik Interim CFO
Axcelis Technologies (ACLS) has put a spotlight on its finance leadership by naming David Ryzhik interim Chief Financial Officer after James Coogan accepted a CFO role at another public company and began a planned transition. See our latest analysis for Axcelis Technologies. The CFO transition comes after a period where short term share price returns have cooled, with a 30 day share price return decline of 4.35%, even as the 1 year total shareho…
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