09:09 AM EDT, 06/03/2024 (MT Newswires) -- Coherent (COHR) said Monday that it has appointed Jim Anderson as its chief executive officer, effective immediately.

Anderson was previously the CEO of Lattice Semiconductors. He succeeds retiring CEO Vincent Mattera.

Shares of the company were up nearly 4% in recent Monday premarket activity.

Price: 59.88, Change: +2.82, Percent Change: +4.94