IPG Photonics Corporation filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$IPGP
Semiconductors
Technology
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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(508 ) 373-1100
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Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Principal Officers.
On April 8, 2025, IPG Photonics Corporation (the "Company") and Alexander Ovtchinnikov, Ph.D., former Senior Vice President, Chief Technology Officer of the Company, entered into an amendment to the Services Agreement dated August 15, 2024 (the "Consulting Agreement") to extend the term of Dr. Ovtchinnikov's consulting services to December 31, 2025. Dr. Ovtchinnikov’s monthly consulting fee shall be $10,000 through the remainder of the term.
The foregoing description of the terms of the amendment to the Consulting Agreement is qualified in its entirety by reference to the full text of the amendment to the Consulting Agreement, a copy of which is filed as Exhibit 10.1 attached hereto, the terms of which are incorporated by reference herein
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
| Exhibit | Exhibit Description | |||||||
| Exhibit 10.1 | ||||||||
| Exhibit 104 | Inline XBRL for the cover page of this Current Report on Form 8-K. | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned thereunto duly authorized.
| IPG PHOTONICS CORPORATION | ||||||||||||||
| April 11, 2025 | By: | /s/ Angelo P. Lopresti | ||||||||||||
| Angelo P. Lopresti | ||||||||||||||
| Senior Vice President, General Counsel & Secretary | ||||||||||||||