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Punching Out: Breaking Out of the Valuation BoxRogers Announces Changes to Board of Directors
January 18, 2024 | Rogers CorporationEstimated reading time: 1 minute
Rogers Corporation announced that it has appointed Donna M. Costello as an independent member of the Company’s Board of Directors and as a member of the Board’s Audit Committee, effective January 13, 2024. Ms. Costello replaces Ganesh Moorthy, who has stepped down from the Company’s Board following more than ten years of service. Following these changes, the Board continues to be composed of nine members, eight of whom are independent.
“We are excited to welcome Donna to the Rogers Board. She brings extensive executive-level financial expertise and nearly two decades of experience at global technology and specialty materials companies,” said Peter Wallace, Chair of the Board. “We look forward to Donna’s contributions and insights as we continue to execute our strategy to deliver long-term shareholder value.”
Mr. Wallace added: “On behalf of the entire Board, I’d like to thank Ganesh for his leadership and the impact he had on Rogers during his tenure. The Company has benefited greatly from his contributions over the years.”
About Donna Costello
Ms. Costello has extensive experience in corporate finance, technical financial management, risk management and audit. She most recently served as Chief Financial Officer of C&D Technologies, Inc., a global leader in energy storage solutions and services for the telecommunications, utility, uninterruptible power supply, cable, broadband, and renewable energy markets. Previously, she served as CFO and Vice President as well as Controller and Chief Accounting Officer at Sequa Corporation, which, through its subsidiary Chromalloy, is a global technology company and a leading solutions provider for aircraft engines and gas turbines. Earlier in her career, Ms. Costello held the role of Senior Manager with Arthur Andersen, LLP.
Ms. Costello currently serves on the Board of CTS Corporation. She previously served on the Board of Neenah, Inc., a global manufacturer of specialty materials, as Chair of the Audit Committee and as a member of the Compensation Committee. She also served on the Board of Horizon Global Corporation, a towing and trailering equipment producer, as a member of the Audit Committee.
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