IPG Photonics Management
Management criteria checks 3/4
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 | 3.1yrs |
| Board average tenure | 4.2yrs |
Recent management updates
Recent updates
Unpleasant Surprises Could Be In Store For IPG Photonics Corporation's (NASDAQ:IPGP) Shares
Mar 06
IPG Photonics Corporation: A Further Decline Is Still Possible
Feb 14At US$72.72, Is IPG Photonics Corporation (NASDAQ:IPGP) Worth Looking At Closely?
Jan 02Investors Could Be Concerned With IPG Photonics' (NASDAQ:IPGP) Returns On Capital
Dec 12Estimating The Intrinsic Value Of IPG Photonics Corporation (NASDAQ:IPGP)
Nov 20IPG Photonics: Cheap, Only If Execution Returns
Nov 03Should You Investigate IPG Photonics Corporation (NASDAQ:IPGP) At US$70.41?
Sep 26These Return Metrics Don't Make IPG Photonics (NASDAQ:IPGP) Look Too Strong
Sep 05IPG Photonics Corporation: The Possibility Of A Further Decline Cannot Be Excluded
Aug 27The Price Is Right For IPG Photonics Corporation (NASDAQ:IPGP) Even After Diving 26%
Aug 15Earnings Miss: IPG Photonics Corporation Missed EPS By 11% And Analysts Are Revising Their Forecasts
Aug 01At US$84.86, Is IPG Photonics Corporation (NASDAQ:IPGP) Worth Looking At Closely?
Jun 17IPG Photonics Still Looking To Find Its Footing As Its Markets Shift And Cycle
Jun 12IPG Photonics Corporation (NASDAQ:IPGP) Investors Are Less Pessimistic Than Expected
May 23IPG Photonics (NASDAQ:IPGP) Is Finding It Tricky To Allocate Its Capital
Apr 15Bearish: Analysts Just Cut Their IPG Photonics Corporation (NASDAQ:IPGP) Revenue and EPS estimates
Feb 18Analysts Have Lowered Expectations For IPG Photonics Corporation (NASDAQ:IPGP) After Its Latest Results
Feb 16IPG Photonics: Targets Growth Markets To Get Back On Track
Feb 04Should You Think About Buying IPG Photonics Corporation (NASDAQ:IPGP) Now?
Jan 26Why Investors Shouldn't Be Surprised By IPG Photonics Corporation's (NASDAQ:IPGP) P/E
Jan 02Are IPG Photonics Corporation (NASDAQ:IPGP) Investors Paying Above The Intrinsic Value?
Nov 18Be Wary Of IPG Photonics (NASDAQ:IPGP) And Its Returns On Capital
Oct 13At US$98.18, Is It Time To Put IPG Photonics Corporation (NASDAQ:IPGP) On Your Watch List?
Sep 22Is IPG Photonics Corporation (NASDAQ:IPGP) Expensive For A Reason? A Look At Its Intrinsic Value
Aug 02Returns On Capital Signal Difficult Times Ahead For IPG Photonics (NASDAQ:IPGP)
Jun 29Is It Too Late To Consider Buying IPG Photonics Corporation (NASDAQ:IPGP)?
Jun 10Does IPG Photonics (NASDAQ:IPGP) Have A Healthy Balance Sheet?
May 05Returns On Capital At IPG Photonics (NASDAQ:IPGP) Paint A Concerning Picture
Mar 17At US$123, Is It Time To Put IPG Photonics Corporation (NASDAQ:IPGP) On Your Watch List?
Mar 01We Think IPG Photonics (NASDAQ:IPGP) Can Manage Its Debt With Ease
Jan 29CEO 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 about average for companies of similar size in the US market ($USD6.76M).
Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.
CEO
Mark Gitin (56 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 | 24.7yrs | US$3.08m | 0.14% $ 3.5m | |
| Senior VP & Chief Scientist | 3.1yrs | US$1.05m | 1.93% $ 48.9m | |
| Senior VP | 24.1yrs | US$2.61m | 0.11% $ 2.8m | |
| Senior Vice President of Sales & Strategic Business Development | 12.1yrs | US$2.68m | 0.051% $ 1.3m | |
| Director & Advisor | less than a year | US$6.10m | 0.13% $ 3.4m | |
| VP, Corporate Controller | no data | no data | 0.0092% $ 231.7k | |
| Senior Director of Investor Relations | no data | no data | no data | |
| Vice President of Human Resources Worldwide | no data | no data | no data |
3.1yrs
Average Tenure
56yo
Average Age
Experienced Management: IPGP's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$6.70m | no data | |
| Director & Advisor | 24.5yrs | US$6.10m | 0.13% $ 3.4m | |
| Independent Director | 24.5yrs | US$292.73k | 0.15% $ 3.7m | |
| Independent Non-Executive Chairman | 12.4yrs | US$382.73k | 0.021% $ 533.3k | |
| Independent Director | 6.2yrs | US$324.95k | 0.021% $ 542.6k | |
| Independent Director | 3yrs | US$302.45k | 0.0088% $ 223.8k | |
| Independent Director | 2.2yrs | US$309.95k | 0.0070% $ 178.5k | |
| Independent Director | 10.8yrs | US$316.94k | 0.038% $ 969.8k | |
| Independent Director | 1.6yrs | US$294.67k | 0.0054% $ 136.7k | |
| Independent Director | 4.2yrs | US$324.95k | 0.010% $ 257.0k | |
| Director | 4.2yrs | US$294.67k | 0.27% $ 6.9m |
4.2yrs
Average Tenure
65.5yo
Average Age
Experienced Board: IPGP's board of directors are considered experienced (4.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/14 20:38 |
| End of Day Share Price | 2025/03/14 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 |
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| Ownership | 10 years |
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| 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 |