Eric Meurice Biography and Net Worth

Eric Meurice has served as a member of IPG’s Board since June 2014. Mr. Meurice was President and Chief Executive Officer of ASML Holding NV, a provider of semiconductor manufacturing equipment and technology, from October 2004 to June 2013, and Chairman until March 2014. From 2001 to 2004, he was Executive Vice President of the Thomson Television Division of Thomson, SA, an electronics manufacturer. From 1995 to 2001, he served as head of Dell Computer's Western, Eastern Europe and EMEA emerging market businesses. Before 1995, he gained significant technology experience at ITT Semiconductors and at Intel Corporation. Mr. Meurice served on the boards of UMICORE S.A. (a recycling and materials company) from April 2015 to April 2023, Verigy Ltd. (a manufacturer of semiconductor test equipment) until its acquisition by Advantest Corporation in 2011, ARM Holdings plc (a semiconductor intellectual property supplier) from July 2013 to March 2014, NXP Semiconductors N.V. (a semiconductor company) from April 2014 to June 2019 and Meyer Burger Technology AG (a solar equipment vendor) from May 2018 to May 2019. He serves on the boards of SOITEC S.A. (a semiconductor materials manufacturer) since July 2018, and where he was appointed Chairman since March 2019, and Global Blue Group Holding AG (a leader in currency and value added tax processing) since September 2020. Mr. Meurice earned a Master's degree in mechanics and energy generation at the Ecole Centrale de Paris, a Master's degree in Economics from la Sorbonne University, Paris, and an M.B.A. from the Stanford University Graduate School of Business.

What is Eric Meurice's net worth?: The estimated net worth of Eric Meurice is at least $1.46 million as of January 30th, 2024. Mr. Meurice owns 16,491 shares of IPG Photonics stock worth more than $1,457,804 as of April 26th. This net worth approximation does not reflect any other investments that Mr. Meurice may own. Learn More about Eric Meurice's net worth.
How do I contact Eric Meurice?: The corporate mailing address for Mr. Meurice and other IPG Photonics executives is 50 OLD WEBSTER ROAD, OXFORD MA, 01540. IPG Photonics can also be reached via phone at (508) 373-1100 and via email at [email protected]. Learn More on Eric Meurice's contact information.
Has Eric Meurice been buying or selling shares of IPG Photonics?: Eric Meurice has not been actively trading shares of IPG Photonics during the last ninety days. Most recently, Eric Meurice sold 629 shares of the business's stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $100.00, for a transaction totalling $62,900.00. Following the completion of the sale, the director now directly owns 16,491 shares of the company's stock, valued at $1,649,100. Learn More on Eric Meurice's trading history.
Who are IPG Photonics' active insiders?: IPG Photonics' insider roster includes Thomas Burgomaster (CAO), Jeanmarie Desmond (Director), Valentin Gapontsev (CEO), Angelo Lopresti (SVP), Timothy Mammen (CFO), Eric Meurice (Director), Trevor Ness (SVP), Alexander Ovtchinnikov (SVP), John Peeler (Director), Igor Samartsev (CTO), Thomas Seifert (Director), and Eugene Shcherbakov (CEO). Learn More on IPG Photonics' active insiders.
Are insiders buying or selling shares of IPG Photonics?: During the last twelve months, insiders at the semiconductor company sold shares 25 times. They sold a total of 147,740 shares worth more than $15,511,425.60. The most recent insider tranaction occured on April, 23rd when Major Shareholder Valentin Gapontsev Trust I sold 9,000 shares worth more than $772,740.00. Insiders at IPG Photonics own 37.1% of the company. Learn More about insider trades at IPG Photonics.
Information on this page was last updated on 4/23/2024.

Eric Meurice Insider Trading History at IPG Photonics

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
1/30/2024	Sell	629	$100.00	$62,900.00	16,491
11/3/2023	Sell	785	$90.00	$70,650.00	15,706
9/29/2023	Sell	785	$102.08	$80,132.80	15,706
7/31/2023	Sell	785	$131.66	$103,353.10	15,706
6/29/2023	Sell	785	$133.61	$104,883.85	16,491
6/14/2023	Sell	785	$121.89	$95,683.65	16,491

Eric Meurice Buying and Selling Activity at IPG Photonics

IPG Photonics Company Overview

IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. Its laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories. The company also offers integrated laser systems; LightWELD, a handheld laser welding system; 2D compact flat sheet cutter systems and multi-axis systems for fine welding, cutting, and drilling; welding seam stepper and picker, a fiber laser welding tool; high precision laser systems; specialized fiber laser systems for material processing applications; robotic and multi-axis workstations for welding, cutting and cladding, flatbed cutting systems, and diode markers; and laser and non-laser robotic welding and automation solutions. It serves materials processing, communications, medical procedures, and advanced applications and communications markets. The company markets its products to original equipment manufacturers, system integrators, and end users through direct sales force, as well as through agreements with independent sales representatives and distributors. IPG Photonics Corporation was founded in 1990 and is headquartered in Marlborough, Massachusetts.

Today's Range

Now: $88.40

$87.82

$89.83

50 Day Range

MA: $87.69

$84.27

$91.02

2 Week Range

Now: $88.40

$83.00

$141.85

Volume

251,258 shs

Average Volume

199,678 shs

Market Capitalization

$4.08 billion

P/E Ratio

19.13

Dividend Yield

N/A

Beta

1.19

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