Finance Monthly CFO Awards Winners Edition

Finance Monthly CFO Awards 2020 www.finance-monthly.com 69 CFO of IPG Photonics Corporation TIM MAMMEN FIRM PROFILE IPG Photonics is the inventor of high-power fiber lasers and the world’s leading producer of fiber laser technology, which enables greater precision, higher productivity and more flexible production for industrial applications and other diverse end markets. IPG has continually pioneered the development and commercial production of numerous unique technologies related to fiber lasers combining deep materials science expertise and process know-how with a vertically-integrated production model. IPG produces all key components of its technology in-house, enabling: better performing, higher quality solutions; faster product development; more efficient production methods with high yields throughout the process; short product lead times. These benefits enable more reliable, higher power and more productive devices that improve end-user product quality, while driving down customer production costs. IPG manufactures the broadest portfolio of fiber lasers used in industrial, semiconductor, instrumentation, medical, scientific, defense and entertainment applications. These applications include separating, joining and ablating of metal and other materials in industries such as transportation, aerospace, consumer electronics, consumer goods, heavy industry, renewable energy, medical devices and semiconductor. Increasingly, IPG lasers are also so being used for other diverse applications that include laser-based digital cinema projection, dental and surgical procedures, broadband communications, directed energy, and metal-based 3D printing. A member of the S&P 500® Index, IPG is headquartered in Oxford, Massachusetts and has more than 25 facilities worldwide. https://investor.ipgphotonics.com ABOUT TIMMAMMEN I have worked for IPG Photonics Corporation since 1999, first in Europe and, shortly after I was appointed CFO of IPGP, I moved to the United States in 2001. Prior to IPGP I worked for Conoco (UK) Ltd, then a subsidiary of E.I. du Pont Du Nemours and Company and after that for a trading company in London. While working for Conoco I qualified as a Chartered Accountant and I am a proud member of the Institute of Chartered Accounts Scotland. I was born in Kenya where I lived until I was 16. I now live in Rhode Island. I was educated in Kenya at the Banda School and in England where I went to Winchester College and then the London School of Economics and Political Science. At IPGP I am responsible for all aspects of accounting, financial reporting, taxation, risk management and investor relations. Together, Dr. Gapontsev, the CEO and founder of IPG, and I have conducted over 50 earnings calls. I am a very avid golfer. In 2003, I fulfilled a childhood dream of entering the Safari Rally in Kenya when, on its 50th anniversary, it was run as the East African Safari Rally Classic. We bought an old (1968) Datsun 1600 SSS, built it into a rally car and entered it in the 10-day event through Kenya, Uganda and Tanzania finishing 11th and as Class Winners. I have now down the event 6 times finishing on 5 occasions and winning Class honours again in 2017. IPG Photonics is the world leader in fiber laser technology, enabling greater precision, higher productivity and more flexible production for industrial applications and other diverse end markets. USA Finance Monthly CFO Awards 2020