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8-K - ROGERS CORPORATION 8-K - ROGERS CORP | a51777223.htm |
Exhibit 99.1
Rogers Corporation Announces Chief Financial Officer Transition
CHANDLER, Ariz.--(BUSINESS WIRE)--March 21, 2018--Rogers Corporation (NYSE:ROG) today announced that Janice E. Stipp, Senior Vice President, Finance and Chief Financial Officer, will be retiring from the Company effective May 16, 2018. The Company has entered into a six-month consulting agreement with Ms. Stipp to aid in the transition after her departure. An executive search process has commenced for a permanent successor.
Bruce D. Hoechner, President and CEO commented, “Janice is an experienced and capable CFO and has been a valuable member of our executive team. I appreciate the numerous contributions she has made since joining us in 2015. Most specifically, helping to drive the Company’s growth strategy, while at the same time building a new finance team at the relocated Company Headquarters in Chandler, Arizona. We wish her the best in her future endeavors.”
About Rogers Corporation
Rogers Corporation (NYSE:ROG)
is a global leader in engineered materials to power, protect, and
connect our world. With more than 180 years of materials science
experience, Rogers delivers high-performance solutions that enable clean
energy, internet connectivity, and safety and protection applications,
as well as other technologies where reliability is critical. Rogers
delivers Power Electronics Solutions for energy-efficient motor drives,
e-Mobility and renewable energy; Elastomeric Material Solutions for
sealing, vibration management and impact protection in mobile devices,
transportation interiors, industrial equipment and performance apparel;
and Advanced Connectivity Solutions for wireless infrastructure,
automotive safety and radar systems. Headquartered in Arizona (USA),
Rogers operates manufacturing facilities in the United States, China,
Germany, Belgium, Hungary, and South Korea, with joint ventures and
sales offices worldwide.
Safe Harbor Statement
This release contains
forward-looking statements, which may concern our plans, objectives,
outlook, goals, strategies, future events, future net sales or
performance, capital expenditures, financing needs, future
restructuring, plans or intentions relating to expansions, business
trends and other information that is not historical information. All
forward-looking statements are based upon information available to us on
the date of this release and are subject to risks, uncertainties and
other factors, many of which are outside of our control, which could
cause actual results to differ materially from the results discussed in
the forward-looking statements. Risks that could cause such results to
differ include: our ability to attract and retain management and skilled
technical personnel; disruptions in, or breaches of, our information
technology systems; employee benefit costs and other risks applicable to
our business. For additional information about the risks, uncertainties
and other factors that may affect our business, please see our most
recent annual report on Form 10-K and any subsequent quarterly reports
on Forms 10-Q filed with the Securities and Exchange Commission. Rogers
Corporation assumes no responsibility to update any forward-looking
statements contained herein except as required by law.
CONTACT:
Rogers Corporation
Jack Monti, 480-917-6026
jack.monti@rogerscorp.com