Rubicon Technology, Inc. (NASDAQ: RBCN) today announced that the Board
of Directors has appointed William Weissman, 56, to the permanent
position of President and Chief Executive Officer. Mr. Weissman had
served as Interim CEO and President since September 17, 2014, and as
Chief Financial Officer of Rubicon since 2007. Mr. Weissman has also
been appointed a member of the Board of Directors.
Don Aquilano, Chairman of the Board of Rubicon Technology, said, “Bill
Weissman has already demonstrated that he will be an effective leader
for Rubicon and will be able to move the Company forward with several
critical initiatives. I believe that under his leadership Rubicon will
be successful in winning customers for our patterned sapphire substrate
(PSS) product line, improving manufacturing effectiveness, and
attracting the right talent to the organization. Bill has been
instrumental in driving our vertical integration strategy for the past
several years, and his industry knowledge and customer relationships are
well established.”
Mr. Weissman said, “I am honored to be appointed to lead Rubicon
Technology. Technology leadership is the key to success in the highly
competitive sapphire industry. Our leadership team is focused on the
further development of our strong technology platform to continue to
maintain our quality leadership, reduce costs and introduce innovative
new products. The sapphire industry has faced tough times over the past
few years, but the LED, consumer electronics and optical markets provide
excellent growth opportunities.”
The Board has appointed Ms. Mardel A. Graffy, 54, as Chief Financial
Officer. Ms. Graffy joined Rubicon Technology in 2005 and rose to the
position of Vice President – Finance. In September 2014 she was
appointed Vice President – Financial Operations. Prior to her work with
Rubicon, Ms. Graffy worked for FMC Technologies and KPMG.
About Rubicon Technology
Rubicon Technology, Inc. is a vertically integrated advanced electronic
materials provider specializing in monocrystalline sapphire
for applications in light-emitting diodes (LEDs), optical systems and
specialty electronic devices. Rubicon has an unmatched technology
platform and expertise extending from the preparation of raw aluminum
oxide through sapphire crystal growth and fabrication to large-diameter
polished sapphire wafers and patterned sapphire substrates (PSS),
enabling Rubicon to supply custom sapphire products with superior
quality and precision. Rubicon is ISO 9001 certified and ITAR registered.
Further information is available at http://www.rubicontechnology.com.
Copyright Business Wire 2014