Rogers appoints Senior Vice President for Global Operations and Supply Chain

Veteran Operations Executive Larry Schmid to Lead Rogers’ Global Operations and Supply Chain Management

CHANDLER (Ariz.), January 20, 2023–(BUSINESS WIRE)–Rogers Corporation (NYSE:ROG) (“Rogers”) today announced the appointment of Larry Schmid as Senior Vice President, Global Operations and Supply Chain. In this role, Mr. Schmid will direct the operational and supply chain organizations across Rogers’ global operations, including in the U.S, China, Belgium, Germany, England, South Korea and Hungary. He will also implement Rogers’ ongoing operational excellence initiatives to improve financial performance.

“We are happy to welcome Larry at Rogers and take advantage of his more than twenty years of experience in global supply chain management and manufacturing operations,” said Colin Gouveia. “Operational excellence forms a major pillar in our strategic plan. Larry will play a lead role in sharpening the organizational focus to reduce costs and improve profitability.

“It is an exciting time for Rogers and there are so many opportunities ahead,” stated Mr. Schmid. “I look forward to working with Colin and the rest of Rogers’ senior leadership team to optimize our manufacturing, drive operational performance and improve supply chain efficiency.”

Larry Schmid

More than 20 years experience in supply chain and global manufacturing operations has given Mr. Schmid a high level of executive leadership. He joins Rogers from Pilko & Associates, LP, a leading operations consultancy advising senior leaders in chemical, energy and related industries, where he most recently served as President. He previously held various international operations positions at Dow, including as part of the Senior Operations Leadership Team, and managed five Dow businesses with a combined revenue of $10 billion. Before joining Dow, Mr.Schmid was a senior operational position at Rohm and Haas. He holds a B.S. He is a graduate of the University of South Florida in Chemical Engineering.

Rogers Corporation

Rogers Corporation (NYSE.ROG), a world leader in engineered material to power, protect and link the world, is listed on NYSE.ROG Rogers provides innovative solutions that help customers overcome their most difficult material problems. Rogers’ advanced electronic and elastomeric materials are used in applications for EV/HEV, automotive safety and radar systems, mobile devices, renewable energy, wireless infrastructure, energy-efficient motor drives, industrial equipment and more. Rogers is headquartered in Chandler, Arizona. It has manufacturing facilities in the United States and Asia. There are also sales offices around the world.

Safe Harbor Statement

Forward-looking statements are those that do not reflect historical facts. Words or phrases such as “believe,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “seek,” “plan,” “expect,” “should,” “would” or similar expressions are intended to identify forward-looking statements, and are based on Rogers’ current beliefs and expectations. This release contains forward-looking information regarding our plans and objectives, outlooks, goals, strategies. It also includes information about future events or performance. It also includes information about capital expenditures, future restructuring plans and intentions. Forward-looking statements are made based on information currently available to us. Actual results could differ from the ones indicated. There are other risks and uncertainties that could affect such results. These include the duration and impact of the novel coronavirus pandemic, as well as efforts to control its spread and distribute vaccines. If these risks and uncertainties turn into actual events, it could have a material negative effect on the Company. Please see the most recent Annual Report on Form 10-K and all subsequent reports with the Securities and Exchange Commission. Also, the quarterly Form 10-Q reports. For more information on the risks, uncertainties, and other factors that could affect our business, please refer to the Form 10-Q. Rogers Corporation disclaims any responsibility for updating forward-looking statements in this report, except as required by law.

Businesswire.com – View the source version https://www.businesswire.com/news/home/20230120005341/en/

Contacts

Media Contacts:
Amy Kweder
Director Corporate Communications
Phone: 480.203.0058
Email: [email protected]

Jared Levy/Jim Barron/Leah Polito
FGS Global
Phone: 212.687.8080 / 310.201.2040
Email: [email protected]

Contact Rogers Investor:
Steve Haymore
Director of Investor Relations
Phone: 480.917.6026
Email: [email protected]

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