Core Viewpoint - Entegris, Inc. announces the resignation of Chief Financial Officer Linda LaGorga, effective February 28, 2026, with Mike Sauer stepping in as Interim CFO starting March 1, 2026, while a search for a permanent CFO is underway [1][2][4]. Group 1: Management Changes - Linda LaGorga will step down as CFO by mutual agreement, effective February 28, 2026 [1]. - Mike Sauer, currently VP, Controller, and Chief Accounting Officer, will take on the role of Interim CFO while retaining his current responsibilities [1]. - LaGorga will serve as a Senior Advisor until May 15, 2026, to ensure a smooth transition [1]. Group 2: Leadership Experience - Mike Sauer has 37 years of experience in finance and accounting roles at Entegris, including 13 years as Controller and Chief Accounting Officer [3]. - Sauer has previously held positions such as Corporate Controller and Director of Treasury and Risk Management, showcasing a strong background in finance [3]. Group 3: Company Statements - Dave Reeder, President and CEO, expressed gratitude for LaGorga's contributions and emphasized her role in strengthening the company's foundation [4]. - LaGorga stated her pride in serving as CFO and confidence in the team's ability to seize future opportunities [4]. - Reeder highlighted Sauer's financial expertise and deep understanding of the semiconductor industry as key assets for the company during the transition [4]. Group 4: Financial Guidance - Entegris reaffirmed its outlook for the fourth quarter of 2025, as previously provided in its third quarter financial results on October 30, 2025 [5]. - A conference call to discuss the fourth quarter 2025 results is scheduled for February 10, 2026, at 8:00 a.m. Eastern Time [6]. Group 5: Company Overview - Entegris is a leading supplier of advanced materials and process solutions for the semiconductor and high-technology industries, employing approximately 8,000 people globally [7]. - The company is ISO 9001 certified and has facilities in multiple countries, including the United States, Canada, China, Germany, Israel, Japan, Malaysia, Singapore, South Korea, and Taiwan [7].
Entegris Announces CFO Transition