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News Article

Photronics reduces management capacity

Photomask company Photronics has announced it has accepted the resignation of president and chief operating officer Paul Fego and promoted Sean Smith to senior vice President. Smith will continue to serve as Photronics' chief financial officer.
Photomask company Photronics has announced it has accepted the resignation of president and chief operating officer Paul Fego and promoted Sean Smith to senior vice President. Smith will continue to serve as Photronics' chief financial officer.

The board of directors announced that both Fego's resignation and Smith's promotion were effective immediately.

Photronics has no current plans to fill the roles of president and chief operating officer. The company instead intends to streamline its global management structure.

The company is actively engaged in a search to fill the role of chief executive officer.
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