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IPG Photonics Corp.

Following Insulet resignation, no Central Mass. public companies are led by a female CEO

When Shacey Petrovic stepped down as CEO of Acton medical-device company Insulet in May for personal reasons, she left Central Massachusetts without a single public company headquartered here, traded on NASDAQ or New York Stock Exchange, with a woman as CEO.

California manufacturer buys IPG telecom product line

Product lines created by IPG Photonics have been acquired by a California company in an all-cash transaction. 

Profits down 18% at IPG Photonics, $300M stock repurchase program launched

Profits at IPG Photonics fell by 18% in the second quarter, and the Oxford fiber lasers manufacturer said it is launching a new, $300 million stock repurchase program. 

At $32M, TJX CEO leads Central Mass. highest-paid executives

Central Massachusetts has a new highest-paid public company leader: Ernie Herrman, president and CEO of the TJX Cos. Inc. in Framingham.
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IPG Photonics knocked off S&P 500

IPG Photonics, the Oxford-based manufacturer of fiber lasers, is being removed from S&P Global Ratings’ most high-profile index for large companies.

🔒Russian problems: How Ukraine war fallout could impact IPG Photonics

The severing of economic ties between the U.S. and Russia is likely to prove a challenge for IPG Photonics, which was founded in Russia and has long-standing ties to the country.

IPG Photonics’ $365M revenue in fourth quarter leads to 8% annual growth

Oxford laser manufacturer IPG Photonics reported on Tuesday revenue of $364.5 million in the company’s fourth quarter earnings report.

IPG Photonics faces DOJ investigation

Laser manufacturer IPG Photonics, based in Oxford, is facing an investigation into equipment shipments, the company disclosed in its third quarter earnings report in 2021.
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IPG fills late founder’s seat as board chairman

Following the Oct. 22 death of Founder, Chairman, and former CEO Valentin Gapontsev, laser manufacturer IPG Photonics of Oxford has named longtime board member, and its lead independent director, John Peeler as the new chairman of the board.

IPG stock spikes after third-quarter rebound of 112% profit increase

Oxford laser manufacturer IPG Photonics reported a 112% increase in profits in the company’s third quarter, according to an earnings report released Tuesday. 
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