MKS Instruments Gets a New CEO

Chip equipment maker MKS Instruments  (NASDAQ: MKSI  )  has a new boss.

The Andover, Mass.-based maker of of instruments, subsystems, and process control solutions announced today that it had elected Gerald G. Colella to the position of chief executive officer, effective Jan. 1, following the retirement of Leo Berlinghieri. Colella currently serves as president and COO and had previously succeeded Berlinghieri as president in February. He has served as COO since 2010..

Noting his long working relationship with Colella at MKS, Berlinghieri said: "Jerry and I have worked together at MKS for nearly 31 years, and he has been a key contributor in our combined efforts to cultivate a company culture centered on success and delivering results. I have had a great 33 years at MKS, and will enjoy watching the company's growth and future successes with Jerry at the helm."

Colella joined MKS in 1983 and has served as MKS Instruments president and CFO since February 2013, after serving as VP and COO from January 2010 to February 2013, and as VP and chief business officer from April 2005 to January 2010. He previously served in various positions at PRG Products.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2696237, ~/Articles/ArticleHandler.aspx, 5/4/2016 5:21:42 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Rich Duprey

Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time.

Having made the streets safe for Truth, Justice and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. So follow me on Facebook and Twitter for the most important industry news in retail and consumer products and other great stories.


Today's Market

updated Moments ago Sponsored by:
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASD 4,725.64 -37.59 -0.79%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

5/4/2016 4:00 PM
MKSI $36.05 Down -0.49 -1.34%
MKS Instruments, I… CAPS Rating: ****