Amtech Systems Announces CFO Resignation and New Appointment

Key Highlights:

  • Lisa Gibbs resigns as CFO and Board member, effective August 7, 2024.

  • Wade Jenke appointed as new CFO, effective August 8, 2024.

  • Jenke brings over 15 years of financial and operational experience.

  • Previously served as business unit CFO of the EMS Group at ASSA ABLOY AB.

Source (Business Wire)

Notable Quotes:

"I would like to thank Lisa Gibbs for her partnership and significant contribution to Amtech over the past eight years... Lisa is an accomplished financial leader, and I wish her great success in her new role. Wade has an impressive track record of financial and operational leadership at large publicly traded companies. I am excited to welcome him to our team."

Mr. Bob Daigle, Chief Executive Officer at Amtech

"Amtech’s leadership position in attractive, high growth end-markets is a testament to the strength of its people and strategy, and I look forward to working closely with the team as we continue to strengthen our position in the market and drive future growth."

Wade Jenke, CFO at Amtech Systems, Inc

Our Take:

Amtech Systems, Inc. is poised for continued growth with the strategic appointment of Wade Jenke as the new CFO. Jenke's extensive experience in financial and operational roles at major corporations such as ASSA ABLOY AB and BAE Systems will be invaluable in optimizing Amtech's operations and enhancing shareholder value. His background in overseeing large financial organizations and leading key initiatives like ERP implementations and acquisition integrations aligns well with Amtech’s growth objectives. The transition marks a significant step in fortifying the company's leadership team as it navigates the dynamic semiconductor industry landscape.