Rogers Appoints Laura Russell as Chief Financial Officer

Rogers Corporation (NYSE: ROG) has appointed Laura Russell as its new Senior Vice President, Chief Financial Officer, and Treasurer, effective December 10. Russell, 49, has been serving as the interim CFO since August 2024, following her initial role as Vice President of Finance, which she assumed upon joining the company in September 2023.

Russell brings extensive experience in finance and operations to her new role at Rogers. Prior to joining the company, she held key positions at Wolfspeed and NXP Semiconductors, including Vice President of Finance, Operations at Wolfspeed (2021-2023) and Vice President of Finance for NXP Semiconductors' Radio Products business (2015-2021). She also worked at Motorola and Freescale Semiconductors from 1997 to 2015. Russell holds a BA in Business Economics from the University of the West of Scotland and is a member of the Chartered Institute of Management Accountants.

Russell's appointment signals a strategic move towards enhanced financial management at Rogers. With her extensive experience in finance, operations, and business strategy at companies like Wolfspeed and NXP Semiconductors, Russell brings a wealth of knowledge to the role. Her track record in driving organic growth and end-to-end M&A at Rogers, along with her expertise in cost management and capital allocation, is likely to have a positive impact on the company's financial strategy.

Colin Gouveia, Rogers' President and CEO, praised Russell's leadership and contributions, stating, "Since taking over as interim CFO in August, Laura has proven to be an invaluable addition to Rogers' senior executive team. She has demonstrated outstanding leadership of critical finance functions and has already made significant contributions. Laura brings extensive business and financial expertise from leading companies, which will be a tremendous asset to Rogers as we continue to execute our strategic objectives."

Russell's diverse experience in the semiconductor and automotive industries has equipped her with valuable skills for her new role at Rogers. Her tenure at NXP Semiconductors and Wolfspeed exposed her to the complexities of the semiconductor sector, while her time at Motorola and Freescale Semiconductors honed her financial acumen in a dynamic environment. Her experience in the automotive industry, particularly at Rogers, has given her insights into the EV/HEV market, a key focus for Rogers. This multifaceted background enables Russell to bring a well-rounded perspective to her new role, driving strategic decision-making and financial management at Rogers.

In conclusion, Laura Russell's appointment as CFO at Rogers Corporation is a strategic move that leverages her extensive experience in finance and operations. Her diverse background and proven track record make her an ideal candidate to navigate Rogers' financial landscape and contribute to its continued success. As Rogers continues to execute its strategic objectives, Russell's leadership and expertise will be invaluable in driving the company's financial strategy and supporting its growth.