IPG Photonics Corporation today announced that John R. Peeler, chairman and chief executive officer (CEO) of Veeco Instruments, Inc., has joined the IPG Photonics Board of Directors. Peeler, who will serve on IPG’s Compensation Committee, temporarily expands the IPG Board to 10 members until the 2013 annual meeting of shareholders. The company also announced that William F. Krupke, PhD will not stand for re-election at the 2013 annual meeting of shareholders.
Peeler joined Veeco as CEO in July 2007 and was named Chairman of the Board in May 2012. Veeco is a provider of metal organic chemical vapor deposition (MOCVD), molecular beam epitaxy, ion beam and other advanced thin-film technologies, and its equipment is used to manufacture light-emitting diodes (LEDs), power electronics, hard disk drives and wireless semiconductors.
Peeler spent his early career in engineering, marketing and product development in the communications test equipment industry. He became president and CEO of TTC in 1992 and through organic growth and a series of acquisitions, he grew the company into the largest global provider of field service communications test products. The company evolved into Acterna, which was acquired by JDSU in 2005. Peeler earned Bachelors and Masters degrees in Electrical Engineering and graduated with high distinction from the University of Virginia in Charlottesville, Virginia (US).
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