Axcelis Technologies announced the appointment of Jeroen Delsman as its new Executive Vice President and Chief Financial Officer, effective November 12, 2026. Mr. Delsman brings over 26 years of finance experience, including 18 years in the semiconductor industry at firms such as Ferrotec, Veeco Instruments, and Lam Research. He succeeds David Ryzhik, who served as interim CFO and will now transition to the role of SVP, Corporate Development and Investor Relations.
Key Details
- Effective Date: The appointment of Jeroen Delsman is effective November 12, 2026.
- Compensation Package: Mr. Delsman will receive an annual base salary of $500,000, with an annual incentive target of 75% of his base salary starting in 2027.
- Sign-On Awards: His appointment includes a $352,000 sign-on cash bonus, an $80,000 relocation bonus, and a sign-on restricted stock unit (RSU) award valued at $1.2 million.
- Future Equity: He is eligible for annual equity awards with an expected target value of at least $1.2 million and may receive a special performance-based grant of $1.2 million following the company's pending merger with Veeco.