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Photronics Announces Appointment of Chief Financial Officer

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Photoronics, Inc.

BROOKFIELD, Conn., May 28, 2024 (GLOBE NEWSWIRE) – Photoronics, Inc. (NASDAQ:PLAB), a global leader in photomask technologies and solutions, today announced that Eric Rivera has been promoted to Chief Financial Officer, effective immediately. Eric previously held the role of Interim CFO since February 2024 and served as Chief Accounting Officer since 2020.

“I am pleased to have Eric join our leadership team in this important role as we work together to continue growing profitably and creating shareholder value,” said Frank Lee, CEO. “His experience at Photronics and his overall financial knowledge will be valuable to our finance organization and the entire company. I look forward to partnering with Eric on strategic priorities as we position the company for a successful future.”

Eric Rivera added: “We have a strong team here at Photronics and I am grateful for this opportunity. Working closely with our leadership on strategic priorities, I am excited to help drive profitable growth and continue to focus on the financial health of the company.”

About Photoronics

Phototronics is a leading global manufacturer of integrated circuits (IC) and flat panel displays (FPD) photomasks. High-precision quartz plates that contain microscopic images of electronic circuits, photomasks are a key element in the IC and FPD manufacturing process. Founded in 1969, Photronics has been a trusted supplier of photo masks for over 50 years. As of October 31, 2023, the company had approximately 1,885 employees. The company operates 11 strategically located units manufacturing facilities in Asia, Europe and North America. Additional information about the company can be accessed at www.photronics.com.

For more information:
Eric Rivera
Vice President and CFO
203.740.5283
erivera@photronics.com



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