Veeco (VECO) CEO Peelr Assumes Chairman Role

May 7, 2012 4:31 PM EDT
Veeco Instruments Inc. (Nasdaq: VECO) reports that Edward H. Braun, formerly Chairman of the Board, has transitioned his Chairman role to John R. Peeler, Chief Executive Officer. Mr. Peeler will now hold the title of Chairman and Chief Executive Officer. Mr. Braun will remain an active member of Veeco’s Board of Directors.

In addition, Veeco announced today that Joel A. Elftmann, whose term had expired, did not stand for reelection and has retired from its Board after 18 years of service. Veeco’s Board now consists of seven members, including Lead Director Roger D. McDaniel.


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