II-VI re-ups Dr. Chuck Mattera as CEO through mid-2030

Aug. 25, 2022
He has held the CEO title since 2016. He also is chair of the company.

The board of directors of II-VI Inc. (NASDAQ: IIVI) has unanimously agreed to extend current CEO Dr. Vincent D. “Chuck” Mattera, Jr.’s, contract until August 1, 2030. He has held the CEO title since 2016. He also is chair of the company.

Mattera originally served on the company’s board of directors from 2000 to 2002. He then joined the company directly as vice president in 2004 and served as executive vice president from 2010 to 2013. He then became chief operating officer. Mattera rejoined the Board in 2012. Two years later, he added the title of president alongside COO. In 2016, Mattera became the company’s third president and CEO in 45 years and continued as CEO when the roles of president and CEO were separated in June 2019. He was named chair and CEO in November 2021 (see "II-VI Board Chair Kramer to step down, CEO Mattera to step up").

“On behalf of the board of directors, we are thrilled to extend Chuck’s contract through 2030. Chuck’s vision, energy, and execution have driven our acquisition-related integration activities in the United States, Europe, and Asia, thereby establishing additional growth engines that provide agility and sustainability to the Company’s operations,” said Dr. Shaker Sadasivam, chairman of the Compensation Committee on the Board of Directors. “His leadership has positioned the company into large and transformative global growth markets while continually increasing its worldwide reach, deepening its technology and IP portfolio, broadening its product roadmap and customer base, and building its brand as a market leader.”

“I look forward with a great sense of mission to continuing to build on a strong record of excellence, to grow the company at a significant pace during this decade, and to set the stage for what may come next and beyond,” said Mattera CEO. “I recognize Dr. Carl Johnson, the co-founder and first CEO of II-VI, and Fran Kramer, our chair emeritus and second CEO, along with members of our board of directors, our executive team, and employees around the world, whose contributions to our culture are reflected in our values of integrity, collaboration, accountability, respect, and enthusiasm.”

Mattera’s extension of tenure has gotten off to a good start with the news that II-VI set new records for quarterly revenue in the fourth quarter and significant quarterly growth year-over-year when it reported on August 24 its fiscal 2022 fourth quarter and fiscal year ended June 30, 2022.

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About the Author

Stephen Hardy | Editorial Director and Associate Publisher, Lightwave

Stephen Hardy is editorial director and associate publisher of Lightwave and Broadband Technology Report, part of the Lighting & Technology Group at Endeavor Business Media. Stephen is responsible for establishing and executing editorial strategy across the both brands’ websites, email newsletters, events, and other information products. He has covered the fiber-optics space for more than 20 years, and communications and technology for more than 35 years. During his tenure, Lightwave has received awards from Folio: and the American Society of Business Press Editors (ASBPE) for editorial excellence. Prior to joining Lightwave in 1997, Stephen worked for Telecommunications magazine and the Journal of Electronic Defense.

Stephen has moderated panels at numerous events, including the Optica Executive Forum, ECOC, and SCTE Cable-Tec Expo. He also is program director for the Lightwave Innovation Reviews and the Diamond Technology Reviews.

He has written numerous articles in all aspects of optical communications and fiber-optic networks, including fiber to the home (FTTH), PON, optical components, DWDM, fiber cables, packet optical transport, optical transceivers, lasers, fiber optic testing, and more.

You can connect with Stephen on LinkedIn as well as Twitter.

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