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Quotes & Info
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| ZIGO > SEC Filings for ZIGO > Form 8-K on 3-Jun-2009 | All Recent SEC Filings |
3-Jun-2009
Change in Directors or Principal Officers
On June 1, 2009, Zygo Corporation ("ZYGO") announced that James Northup, President of ZYGO's Metrology Solutions Division, will cease to be employed by ZYGO effective as of June 30, 2009. The strategic decision away from a direct systems model within the Semiconductor business and overall slowdown in business levels led to this decision. Pursuant to Mr. Northrup's existing arrangement with ZYGO, he is entitled to receive his base salary at the current rate for a period of 12 months following June 30, 2009. Mr. Northrup was a named executive officer for ZYGO's most recently completed fiscal year.
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