IPG appoints Mark Gitin as new CEO
Executive brings decades of experience from MKS Instruments and Coherent to the fiber laser company.
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Executive brings decades of experience from MKS Instruments and Coherent to the fiber laser company.
Content from the May 1, 2023 - Power 50 of Worcester Business Journal
Scherbakov has the distinction of being only the second person to lead the $1.4-billion IPG Photonics. In May 2021, he replaced its founder Valentin Gapontsev as the Marlborough company’s CEO.
But demand for green lasers used in solar cell manufacturing rebounds, and electric vehicle battery applications accelerate.
As the exact date of the 300th anniversary of Worcester’s founding ticks closer to June 14 and all the tercentennial celebrations ensue, the focus should then shift away from the past and toward the future.