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Axcelis Gets a New CFO

By Rich Duprey – Sep 16, 2013 at 11:25PM

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The new bean counter previously held the title on an interim basis after his predecessor retired.

Semiconductor industry specialist Axcelis (ACLS 0.39%) has a new bean counter.

The Beverly, Mass.-based tech firm announced today that Kevin J. Brewer has taken on the roles of executive VP of CFO, effective immediately. He has served as interim CFO since July, after the former CFO Jay Zager retired.

Rowland, 53, has 30 years of experience working at global high-tech firms and joined Axcelis in 1999. Before taking on the interim CFO role, he managed the company's global facilities and IT.

Noting the smooth transition that occurred in the CFO position, Axcelis Chairman and CEO Mary G. Puma said, "The breadth and depth of Kevin's experience, and his intimate knowledge of the implant business and Axcelis operations, makes him the ideal candidate to manage our financial organization and execute the next phase of our strategic objectives."

The Massachusetts tech company is a worldwide producer of ion implantation, dry strip, and processing equipment used in the fabrication of semiconductor chips in the U.S., Europe, and Asia.

Fool contributor Rich Duprey and The Motley Fool have no position in any of the stocks mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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