Axcelis Technologies, Inc. Announces CFO Transition

Axcelis Technologies, Inc. has announced a change in its Chief Financial Officer role. James Coogan has resigned from his position as CFO, effective April 24, 2026, to pursue another CFO opportunity. David Ryzhik, currently Senior Vice President of Investor Relations and Corporate Strategy, has been appointed as the Interim CFO, effective March 12, 2026. Mr. Ryzhik has extensive experience in finance and investor relations, with over 20 years in various industries. He will receive an increased salary, a monthly bonus, and restricted stock units. The company plans to initiate a search for a permanent CFO with the assistance of an executive search firm. The transition occurs as Axcelis is in the process of merging with Veeco.