Veeco
Instruments Inc. (Nasdaq: VECO), manufactures enabling solutions for customers
in the HB-LED, solar, data storage, semiconductor, scientific research and industrial
markets, today announced that David D. Glass, 50, will be joining the Company
effective January 18, 2010 as Executive Vice President, Finance and Chief Financial
Officer (CFO).
Mr. Glass will replace John F. Rein, Jr., 63, who announced his retirement
from Veeco last year. Mr. Glass joins Veeco following a twenty-five year career
with Rohm and Haas Company, a $10 billion global specialty materials company
that was acquired in 2009 by The Dow Chemical Company.
Mr. Glass recently returned from Shanghai after serving there as both CFO
of Rohm and Haas’ $2 billion Electronic Materials division and CFO of
the Rohm and Haas Asia-Pacific region. From 2003-2007, Mr. Glass served as Rohm
and Haas’ Corporate Controller, based in Philadelphia, PA, where he led
a 350-person staff and was responsible for company-wide accounting, financial
controls and SEC reporting. Previously, he was posted in China, initially as
Finance Director of APAC and then as General Manager of Rohm and Haas’
Coatings business for Greater China, where he oversaw manufacturing, technical
support, sales and marketing teams. Prior to that, he was based in Montgomeryville,
PA as President of Toso-Haas Biotech, a stand-alone joint venture between Rohm
and Haas and Tosoh of Japan. Mr. Glass’ prior roles included a five-year
UK-based assignment, first as Finance Director for Europe, and then later as
Director, European Emerging Markets Business Development. He has been involved
in over a dozen M&A transactions for Rohm and Haas. Mr. Glass holds a Masters
Degree in Finance, Economics and International Business from Northwestern University,
a Bachelor of Arts Degree in Accounting from Lewis University, and passed the
CPA exam in 1981.
John Peeler, Veeco’s Chief Executive Officer, commented, “Dave
possesses the right combination of operational and financial skills to help
me lead Veeco during this period of rapid business expansion. His over 20 years
at a world-class corporation such as Rohm and Haas, in a diverse set of managerial,
financial and operational roles make him uniquely suited to be our next CFO.
I want to take this opportunity to thank Jack for his many contributions to
Veeco, and to welcome Dave on board as the new leader of Veeco’s already
strong global finance organization.”
“I am excited to join Veeco as the Company is poised to achieve new levels
of growth, with significant opportunities around the world,” commented
Mr. Glass. “I am impressed with Veeco’s deep technology and strong
market leadership positions in each of its businesses. I look forward to partnering
with John and the team to drive Veeco’s future success.”