Management ChangeMay 7, 2026, 04:25 PM
Amtech Systems Appoints Guy Shechter as President & COO
AI Summary
Amtech Systems, Inc. announced the appointment of Mr. Guy Shechter as its new President and Chief Operating Officer, effective May 19, 2026. Mr. Shechter brings extensive leadership experience from his previous roles at Yield Engineering Systems and Veeco Instruments. His compensation package includes an annual base salary of $400,000, eligibility for an annual incentive bonus, a grant of 50,000 stock options, and initial relocation and monthly payments.
Key Highlights
- Amtech Systems appointed Guy Shechter as President and Chief Operating Officer, effective May 19, 2026.
- Mr. Shechter previously served as Senior Vice President & General Manager at Yield Engineering Systems (2021-2026).
- He held various leadership roles at Veeco Instruments (2007-2020), including VP & GM, Global Services Solutions.
- Mr. Shechter's annual base salary is $400,000.
- He is eligible for an annual incentive bonus with a target of 50% of base salary (60% cash, 40% restricted stock).
- He will receive a grant of 50,000 stock options, vesting over three years.
- He will receive a monthly payment of $10,000 for six months and relocation support up to $25,000.
- Severance includes 12 months base salary and accelerated equity for Change in Control with diminished responsibilities.