IPG Photonics Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Mark Gitin
Chief executive officer
US$6.7m
Total compensation
| CEO salary percentage | 6.1% |
| CEO tenure | less than a year |
| CEO ownership | n/a |
| Management average tenure | 3.2yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | US$7m | US$411k | -US$182m |
Compensation vs Market: Mark's total compensation ($USD6.70M) is above average for companies of similar size in the BR market ($USD1.39M).
Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.
CEO
Mark Gitin (57 yo)
less than a year
Tenure
US$6,700,825
Compensation
Dr. Mark Milton Gitin, Ph D., serves as CEO & Director of IPG Photonics Corporation since June 05, 2024. He served as Executive Vice President & General Manager of Photonics Solutions Division of MKS Instr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$6.70m | no data | |
| Senior VP & CFO | 24.8yrs | US$3.08m | 0.14% R$ 19.2m | |
| Senior VP & Chief Scientist | 3.2yrs | US$1.05m | 1.92% R$ 271.5m | |
| Senior VP | 24.2yrs | US$2.61m | 0.012% R$ 1.6m | |
| Senior Vice President of Sales & Strategic Business Development | 12.2yrs | US$2.68m | 0.051% R$ 7.1m | |
| Director & Advisor | less than a year | US$6.10m | 0.032% R$ 4.5m | |
| VP, Corporate Controller | less than a year | no data | no data | |
| Senior Director of Investor Relations | no data | no data | no data | |
| Vice President of Human Resources Worldwide | no data | no data | no data |
3.2yrs
Average Tenure
57yo
Average Age
Experienced Management: I1PG34's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$6.70m | no data | |
| Director & Advisor | 24.6yrs | US$6.10m | 0.032% R$ 4.5m | |
| Independent Director | 24.6yrs | US$292.73k | 0.15% R$ 20.6m | |
| Independent Non-Executive Chairman | 12.5yrs | US$382.73k | 0.021% R$ 3.0m | |
| Independent Director | 6.3yrs | US$324.95k | 0.021% R$ 3.0m | |
| Independent Director | 3.1yrs | US$302.45k | 0.0088% R$ 1.2m | |
| Independent Director | 2.3yrs | US$309.95k | 0.0070% R$ 990.4k | |
| Independent Director | 10.8yrs | US$316.94k | 0.038% R$ 5.4m | |
| Independent Director | 1.7yrs | US$294.67k | 0.0054% R$ 757.7k | |
| Independent Director | 4.3yrs | US$324.95k | 0.010% R$ 1.4m | |
| Director | 4.3yrs | US$294.67k | 0.27% R$ 38.5m |
4.3yrs
Average Tenure
65.5yo
Average Age
Experienced Board: I1PG34's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/28 22:18 |
| End of Day Share Price | 2025/04/09 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
IPG Photonics Corporation is covered by 30 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Muse | Barclays |
| Mark Miller | Benchmark Company |
| Paretosh Misra | Berenberg |