Photronics has announced three key executive officer appointments effective January 12, 2026. Eric Rivera, previously Chief Financial Officer since May 2024 and Chief Accounting Officer from 2020 to 2024, has been named President while retaining his role as CFO and principal financial officer. Rui (Elie) Zhang, who served as Controller since 2024 and Assistant Controller prior to that, has been promoted to Chief Accounting Officer and will remain Corporate Controller. Todd Alesio, a member of Photronics since November 2024 and Head of Global Human Resources, becomes Senior Vice President and Chief Administrative Officer. These moves, according to Chairman and CEO George Macricostas, are designed to reinforce accountability across finance, accounting and administrative functions under his continued leadership.

On January 7, 2026, director Lee Kang Jyh executed an open-market sale of 10,000 directly held shares, representing a 2.19% reduction in his position and reducing his post-transaction direct holdings to 445,850 shares. The transaction generated $348,300 in proceeds and aligns with the median size of his previous sell-only trades, indicating no deviation from his normal trading cadence. There were no derivative exercises, indirect trusts or administrative share movements involved. Investors should note that this modest trim comes as Photronics reports trailing-twelve-month revenue of $849.3 million and net income of $136.4 million, with shares up approximately 42.5% over the past year, underscoring continued market confidence in its photomask technology business.