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The latest announcement is out from Rogers (ROG).
Rogers Corporation announced the resignation of Ram Mayampurath as Senior Vice President, CFO, and Treasurer, effective August 12, 2024. He will assist in transitioning his responsibilities to Laura Russell, who has been appointed as Interim CFO. Russell, with extensive experience in finance and previous roles at Wolfspeed and NXP Semiconductors, will receive an annual salary of $400,000 and is eligible for a 55% target bonus. Her appointment is part of a smooth leadership change, not due to any operational disagreements.
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