TechMediaBreaks – Intevac Inc. (NASDAQ: IVAC) Appoints Financial Management Expert as CFO

Intevac (NASDAQ: IVAC), a leading supplier of thin-film processing systems, has announced the appointment of Cameron McAulay as the company’s chief financial officer (“CFO”), effective immediately. McAulay succeeds Kevin Soulsby, who has served as interim CFO since August 2023 and today resumes his role as corporate controller for Intevac. McAulay brings to the company extensive experience in operational finance and over 25 years of financial management expertise. “We are very pleased to welcome to Intevac a CFO with over 20 years of experience in the global electronics and semiconductor industries, with a proven track record of success,” said Nigel Hunton, Intevac’s president and chief executive officer. “Cameron’s substantial public company experience, fresh perspectives, strategic acumen, and true expertise in electronic device manufacturing will make him a tremendous asset to Intevac as we execute on our strategic growth initiatives. I look forward to working in close partnership with Cameron as he succeeds Kevin as our CFO. All of us at Intevac are grateful to Kevin for stepping into the CFO role for the last year.”

To view the full press release, visit https://ibn.fm/N4hEq

About Intevac Inc.

Founded in 1991, Intevac is a leading provider of thin-film process technology and manufacturing platforms for high-volume manufacturing environments. As a long-time supplier to the hard disk drive (“HDD”) industry, its industry-leading 200 Lean(R) platform supports the majority of the world’s capacity for HDD disk media production, as well as all technology upgrade initiatives currently underway in support of next-generation HAMR (heat-assisted magnetic recording) media. With over 30 years of leadership in designing, developing and manufacturing high-productivity, thin-film processing systems, Intevac is also leveraging its technology and know-how for additional markets with its groundbreaking TRIO(TM) platform, which enables high-value coatings to be deployed cost-effectively on an array of glass displays and other substrates, including for consumer devices. For more information, visit the company’s website at www.Intevac.com.

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