News

6 January 2010

 

Veeco appoints new chief financial officer

Epitaxial deposition, process, and metrology equipment maker Veeco Instruments Inc of Plainview NY, USA says that David D. Glass will be joining the firm from 18 January as executive VP, finance & chief financial officer (CFO). Glass will replace John F. Rein Jr, who announced his retirement last June.

Glass joins Veeco after a 25-year career with Rohm and Haas Company, a $10bn global specialty materials company that was acquired in 2009 by The Dow Chemical Company. He recently returned from Shanghai after serving there as CFO of both Rohm and Haas’ $2bn Electronic Materials division and the Rohm and Haas Asia-Pacific region.

From 2003–2007, Glass was Rohm and Haas' corporate controller in Philadelphia, PA, USA, where he led 350 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, Glass was based in Montgomeryville, PA as president of Toso-Haas Biotech, a stand-alone joint venture between Rohm and Haas and Tosoh of Japan. Prior roles included a five-year UK-based assignment, first as finance director for Europe and later as director, European Emerging Markets Business Development. He has been involved in over a dozen M&A transactions for Rohm and Haas. Glass holds a Masters Degree in Finance, Economics & International Business from Northwestern University, a Bachelor of Arts Degree in Accounting from Lewis University, and passed the CPA exam in 1981.

“Dave possesses the right combination of operational and financial skills to help me lead Veeco during this period of rapid business expansion,” says CEO John Peeler. “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,” he adds.

“The company is poised to achieve new levels of growth, with significant opportunities around the world,” comments Glass.

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