Versum Materials Names Edward Shober as Senior Vice President of Its Materials Segment

TEMPE, Ariz.--()--Versum Materials, Inc. (NYSE: VSM), a leading materials supplier to the semiconductor industry, announced today that Edward “Ed” Shober has been appointed to the position of senior vice president of its Materials segment. Mr. Shober will be responsible for the company’s Process Materials (PM) and Advanced Materials (AM) global businesses, which produce specialty chemicals and materials utilized in the next generation of semiconductors and displays for smart devices, as well as high-purity, specialty gases used in the semiconductor manufacturing process. Mr. Shober has led the AM business since 2011 and has more than 20 years’ experience serving Versum Materials’ customers in the semiconductor industry.

“Ed will continue to support our culture of operating as an agile organization that is relentlessly focused on building on our global technology leadership and establishing a reputation for quality, safety and reliability,” stated Guillermo Novo, President and CEO of Versum Materials. “Because of Ed’s customer relationships, leadership, experience and technical capabilities, we are confident that’s Ed’s transition will be seamless for our customers and his industry knowledge will continue to be an invaluable asset to our team.”

Mr. Shober joined Air Products in 1994, leading engineering activities in the electronics engineering and electronics package plants organizations. In 1999, he was named vice president of engineering and operations for TRiMEGA, a joint venture between Air Products and Kinetic Systems providing turnkey solutions to semiconductor fabs, and served as TRiMEGA’s chief operating officer from 2001-2004. Mr. Shober went on to lead DA NanoMaterials, Air Products’ joint venture with DuPont, as its chief operating officer from 2004-2007 and chief executive officer from 2007-2010. In October 2011, he served as the director of Advanced Materials Integration, Electronics Division, until assuming leadership of Air Products’ Advanced Materials business. He previously served as the vice president of Advanced Materials for the Materials Technologies business of Air Products since 2012. Mr. Shober holds a Bachelor of Science degree in civil/structural engineering from Brown University.

About Versum Materials

Versum Materials, Inc. (NYSE: VSM) is a best-in-class electronic materials company providing high-purity chemicals and gases, delivery systems, services and materials expertise to meet the evolving needs of the global semiconductor, display and LED industries. Derived from the Latin word for “toward,” the name “Versum” (pronounced ver-SOOM) communicates the company’s deep commitment to helping customers move toward the future by collaborating, innovating and creating cutting-edge solutions.

A global leader in technology, quality, safety and reliability, Versum is one of the world’s largest suppliers of next generation CMP slurries, ultra-thin dielectric and metal film precursors, formulated cleans and etching products, and delivery equipment that has revolutionized the semiconductor industry. Versum, which began trading October 3, 2016 on the NYSE as an independent company, has annual sales of about US$1 billion, 1,900 employees and 10 major facilities in Asia and the North America. It is headquartered in Tempe, Ariz. Versum had operated for more than three decades as a division of Air Products and Chemicals, Inc. (NYSE: APD).

For additional information, please visit https://versummaterials.com.

Versum Materials, Inc.
Investor Inquiries:
Nahla A. Azmy, 480-482-4344
Nahla.Azmy@versummaterials.com
or
Media Inquiries:
Tiffany Zinn, 480-282-6475
Tiffany.Zinn@versummmaterials.com

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may be identified by references to future periods, and include statements about our anticipated culture of operating as an agile organization, our future global technology leadership, our ongoing reputation for quality, safety and reliability, and the anticipated seamless leadership transition. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date the statements were made. Actual results and the outcomes of future events may differ materially from those expressed or implied in the forward-looking statements because of a number of risks and uncertainties, including, without limitation, weakening of global or regional general economic conditions and product supply versus demand imbalances in the semiconductor industry could decrease the demand for our goods and services; our concentrated customer base; our ability to continue technological innovation to meet the evolving needs of our customers; our inability to protect and enforce intellectual property rights; operational, political and legal risks of our international operations; hazards associated with specialty chemical manufacturing could disrupt our operations or the operations of our suppliers or customers; changes in government regulations in the countries we operate; raw material shortages and price increases; sole source and limited source suppliers; fluctuation of currency exchange rates; increased competition; our ability to successfully complete the transition to an independent public company; increased costs as a separate public company; and other risk factors described in our filings with the Securities and Exchange Commission, including in our Annual Report on Form 10-K for the fiscal year ended September 30, 2016, and in our periodic filings. Versum Materials assumes no obligation to update any forward-looking statements or information in this press release.

Contacts

Versum Materials, Inc.
Investor Inquiries:
Nahla A. Azmy, 480-482-4344
Nahla.Azmy@versummaterials.com
or
Media Inquiries:
Tiffany Zinn, 480-282-6475
Tiffany.Zinn@versummmaterials.com

Release Summary

Versum Materials Names Edward Shober as Senior Vice President of Its Materials Segment

Contacts

Versum Materials, Inc.
Investor Inquiries:
Nahla A. Azmy, 480-482-4344
Nahla.Azmy@versummaterials.com
or
Media Inquiries:
Tiffany Zinn, 480-282-6475
Tiffany.Zinn@versummmaterials.com