Coherent CEO Mattera to Retire

Coherent Corp. CEO Vincent "Chuck" Mattera has informed the company’s board of directors that he will retire as CEO, following the hiring of a successor. The board has retained a leading executive search firm to commence a comprehensive search process, which will include evaluating internal and external candidates, to identify a new CEO. A subcommittee has been formed to oversee the search process.

Vincent Mattera will retire as CEO of Coherent following the completion of the company's search for a replacement. Courtesy of Coherent.

Mattera’s intention to retire, the company said, does not reflect a dispute or disagreement. In August 2022, Coherent extended Mattera's contract through 2030.

Mattera has been with Coherent for 20 years, the last eight of which have been spent as CEO. He is the company’s third CEO since its founding as II-VI Inc. He has also served as chair of the company’s board of directors since November 2021, overseeing the merger of II-VI and Coherent, completed in 2022.