Photronics announced key leadership changes effective January 12, 2026. Eric Rivera, currently Chief Financial Officer since May 2024 and principal financial officer, has been appointed President while retaining his CFO responsibilities. Rivera’s prior roles include Chief Accounting Officer and Corporate Controller, giving him more than five years of financial leadership at the company. Rui (Elie) Zhang will step into the Chief Accounting Officer role in addition to her duties as Corporate Controller; she has served as Controller since 2024 and was previously Assistant Controller. Todd Alesio, who joined Photronics in November 2024 as Head of Global Human Resources, has been named Senior Vice President and Chief Administrative Officer. These changes are intended to strengthen accountability and accelerate execution across finance, accounting and administrative functions under the continued leadership of CEO George Macricostas.

On January 7, 2026, Photronics director Lee Kang Jyh sold 10,000 directly held shares in an open-market transaction valued at $348,300, reducing his stake by 2.19% to 445,850 shares. This transaction matches the median size of his recent sell-only trades, indicating consistency with his established selling cadence. No derivative exercises or indirect entity transfers were involved. The sale occurred during a period in which Photronics reported trailing twelve-month revenue of $849.3 million and GAAP net income of $136.4 million, and has seen a 42.5% share-price gain over the prior year. Investors should note that the sale represents a small percentage of total insider holdings and follows a year of broad operational stability and revenue diversification across semiconductor and flat panel display photomask markets.