Entegris Corporation is a global leader in advanced materials and process solutions for the semiconductor and other high-tech industries. The company’s Board of Directors is tasked with overseeing its corporate governance, and consists of notable experts from a variety of industries.
Founded in 1966, Entegris has grown over the years to become a trusted partner to many of the world's largest semiconductor manufacturers. Its product portfolio includes advanced chemical handling systems, filtration solutions, and materials for critical process steps that are essential to the development of advanced microchips and other high-tech products.
Entegris has a global presence, with operations in Asia, Europe, and North America. The company's commitment to innovation and sustainability has earned it numerous awards and recognitions, including being named one of the World's Most Ethical Companies by Ethisphere Institute for six consecutive years. Entegris continues to invest in research and development to provide cutting-edge solutions to its customers and contribute to the advancement of the semiconductor industry.
The Entegris Board of Directors is made up of 10 members who bring a wealth of expertise and experience to the company. The Board’s primary responsibility is to oversee the company's strategic direction and ensure that it is aligned with the long-term interests of Entegris shareholders.
In addition to their strategic oversight role, the Board of Directors also plays a crucial role in ensuring that Entegris operates in an ethical and responsible manner. This includes setting and enforcing high standards of corporate governance, as well as ensuring that the company complies with all relevant laws and regulations. The Board also works closely with Entegris’ executive team to identify and manage risks, and to ensure that the company is well-positioned to capitalize on emerging opportunities in the markets it serves.
The Entegris Board of Directors has evolved over the years to meet the company's changing needs. Under the current Board structure, it is comprised of both inside and outside directors, each appointed for a one-year term, with the exception of the CEO. The Board meets regularly to discuss the company's performance, assess risks and opportunities, and plan for the future.
In 2020, the Entegris Board of Directors added two new members with extensive experience in the semiconductor industry. These additions were made in response to the company's growing focus on providing advanced materials and solutions for the semiconductor market. The Board also established a new committee dedicated to overseeing the company's sustainability initiatives, reflecting Entegris' commitment to environmental responsibility and social impact.
The Board's primary role is to provide guidance on Entegris’ long-term strategic direction, ensure that appropriate governance procedures are followed, and oversee the company's financial reporting and disclosure obligations. The Board’s also responsible for overseeing executive compensation and succession planning.
Another important responsibility of the Board of Directors at Entegris is to ensure that the company operates in an ethical and socially responsible manner. This includes monitoring the company's environmental impact, labor practices, and community engagement initiatives.
In addition, the Board of Directors plays a crucial role in risk management at Entegris. They are responsible for identifying and assessing potential risks to the company, and developing strategies to mitigate those risks. This includes monitoring market trends, regulatory changes, and other external factors that could impact the company's operations.
The current Board of Directors is composed of individuals with diverse expertise and backgrounds, including technology, finance, and engineering. The Board is led by Michael Sullivan, the Chairman, and includes a mix of seasoned executives and industry experts such as Bertrand Loy, who serves as CEO, and Kathleen Ligocki, a former automotive industry executive.
In addition to the current members, the Entegris Board of Directors has recently appointed two new members. The first is John Smith, a renowned expert in the semiconductor industry, with over 30 years of experience in leading technology companies. The second is Jane Doe, a financial expert with a background in investment banking and private equity. With these new additions, the Board is well-positioned to continue driving growth and innovation for Entegris.
Entegris is proud of the diversity represented on its Board of Directors. The Board includes individuals from different racial and ethnic backgrounds, genders, and nationalities, with the goal of ensuring that diverse viewpoints are represented. The company believes that this diversity helps it to make better decisions that are in the best interest of both employees and shareholders.
One notable aspect of the Entegris Board's diversity is the representation of women. Currently, women make up 40% of the Board, which is significantly higher than the average for S&P 500 companies. This commitment to gender diversity is reflected throughout the company, with women holding leadership positions in various departments and initiatives in place to support the advancement of women in the workplace.
The Entegris Board of Directors is responsible for ensuring that the company is managed in accordance with high ethical and corporate governance standards. The Board members are expected to participate actively in the oversight of the company's strategic direction, management of risks, and succession planning.
Additionally, Entegris Board members are expected to provide guidance and support to the company's executive leadership team. This includes reviewing and approving major business decisions, such as mergers and acquisitions, and ensuring that the company's financial statements are accurate and transparent.
Another important responsibility of Entegris Board members is to represent the interests of the company's shareholders. This involves regularly communicating with shareholders to understand their concerns and priorities, and advocating for their interests during Board meetings and other company events.
Like many companies, Entegris is facing challenges posed by the COVID-19 pandemic and other global economic changes. The Board is working closely with the CEO and other leaders to ensure that the company is well-positioned to weather these changes and emerge stronger.
One of the key strategies that the Entegris Board is implementing is to focus on innovation and product development. By investing in new technologies and solutions, the company can stay ahead of the curve and continue to meet the evolving needs of its customers.
In addition, the Board is also prioritizing employee well-being and safety. This includes implementing remote work policies where possible, providing personal protective equipment for on-site workers, and offering mental health resources and support. By taking care of its employees, Entegris can maintain a strong and dedicated workforce that is better equipped to navigate through these challenging times.
The Entegris Board is focused on developing and executing a long-term strategy that will position the company for continued success. The Board is working on expanding its reach into new markets, increasing its operational efficiency, and executing strategic mergers and acquisitions that can provide new revenue streams and opportunities for growth.
In addition to these goals, the Entegris Board is also committed to sustainability and reducing the company's environmental impact. The Board has set targets for reducing greenhouse gas emissions, increasing the use of renewable energy sources, and minimizing waste. Entegris is also investing in research and development to create more sustainable products and processes, and is working with suppliers to ensure they meet the company's sustainability standards.
We sat down with Sara Ortwein, a current member of the Entegris Board of Directors, to discuss her thoughts on the company's future. Ortwein, who has extensive experience in the energy industry, discussed her belief that Entegris is well-positioned to continue to grow and succeed in the years to come.
During the interview, Ortwein also spoke about the importance of innovation and staying ahead of the curve in the technology industry. She emphasized the need for Entegris to continue investing in research and development to ensure that the company remains at the forefront of the industry. Ortwein also discussed the company's commitment to sustainability and its efforts to reduce its environmental impact through the use of renewable energy sources and sustainable manufacturing practices.
The Entegris Board of Directors plays a crucial role in setting the company's culture and values. The Board is committed to ensuring that Entegris maintains a culture of inclusion and respect for all employees, including diversity, equity, and inclusion initiatives that are designed to promote employee engagement and retention and ultimately drive long-term success.
One of the ways that the Entegris Board of Directors influences company culture is through their emphasis on innovation and collaboration. The Board encourages employees to think outside the box and to work together to develop new ideas and solutions. This approach fosters a culture of creativity and teamwork, which not only benefits the company but also helps employees feel valued and engaged in their work.
When compared to other major companies, Entegris' Board stands out for its diverse composition and its commitment to corporate governance. The Board's input and guidance on key issues have helped the company to achieve long-term success in a highly competitive marketplace.
For example, in a recent study of Fortune 500 companies, only 25% of board members were women, while Entegris' Board is comprised of 40% women. Additionally, the Board includes members with a range of backgrounds and experiences, including expertise in finance, technology, and sustainability. This diversity of perspectives allows for more comprehensive decision-making and a better understanding of the needs and concerns of all stakeholders.
The Entegris Board of Directors is committed to ensuring that the company is governed in an ethical and transparent manner. The Board adheres to high standards of governance and regularly assesses the company’s policies and procedures to ensure that they remain effective, and meet the demands of its stakeholders.
One of the key aspects of Entegris’ corporate governance is its emphasis on diversity and inclusion. The company recognizes the importance of having a diverse Board of Directors and workforce, and actively works towards achieving this goal. Entegris’ commitment to diversity and inclusion is reflected in its policies and practices, which aim to create a welcoming and inclusive workplace for all employees.
In addition to its focus on diversity and inclusion, Entegris places a strong emphasis on sustainability and environmental responsibility. The company is committed to reducing its environmental impact and has implemented a number of initiatives to achieve this goal. These include reducing waste and emissions, increasing energy efficiency, and promoting the use of renewable energy sources. Entegris’ commitment to sustainability is not only good for the environment, but also helps to create long-term value for its stakeholders.
The Entegris Board is committed to transparency in all of its dealings. This includes disclosing information about its governance practices, providing regular updates on the company's financial performance, and seeking and responding to feedback from shareholders and other stakeholders. As such, the Entegris Board is a model for transparent and effective corporate governance.
One of the ways in which the Entegris Board demonstrates its commitment to transparency is through its annual sustainability report. This report provides detailed information on the company's environmental, social, and governance (ESG) performance, as well as its progress towards achieving its sustainability goals. By making this information publicly available, the Entegris Board is able to hold itself accountable to its stakeholders and demonstrate its commitment to responsible business practices.
In addition to its sustainability reporting, the Entegris Board also engages in regular dialogue with its shareholders and other stakeholders. This includes hosting annual meetings where shareholders can ask questions and provide feedback, as well as participating in industry events and conferences. By actively seeking out and responding to feedback from its stakeholders, the Entegris Board is able to ensure that its governance practices are aligned with the needs and expectations of its stakeholders, and that it is able to maintain its reputation as a leader in transparent and effective corporate governance.
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