Nanometrics Incorporated announced today that it has appointed Bruce C. Rhine, an officer of the company and a member of the Board of Directors, to replace John D. Heaton as the company’s President and Chief Executive Officer on an interim basis, effective immediately. The Nominating and Governance Committee of the Board of Directors, together with the Chairman of the Board and the interim CEO, will conduct a nationwide search for a permanent Chief Executive Officer.
“We all owe John Heaton a debt of gratitude,” said Vincent J. Coates, Chairman of the Board of Directors. “Since his arrival at Nanometrics seventeen years ago, John has worked to strengthen the company and position it as a leader in the metrology systems market. We wish him continued success in his career. I look forward to working with Bruce, and to commencing a search for a permanent CEO.”
Mr. Rhine, a significant stockholder of the company, brings twenty three years of experience in the semiconductor equipment industry to his role as interim CEO.