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Intevac (IVAC) has issued an announcement.
Intevac, Inc. has appointed Cameron McAulay as the new Chief Financial Officer, succeeding Kevin Soulsby. McAulay, a seasoned finance professional with a background in semiconductor companies, will be receiving an attractive compensation package including a base salary, performance bonuses, restricted stock units, and additional benefits linked to company performance. The agreement also outlines severance terms in the event of a change in control at Intevac. This strategic hire aims to bolster Intevac’s financial leadership as they continue to grow and evolve in the market.
For a thorough assessment of IVAC stock, go to TipRanks’ Stock Analysis page.