Rogers Corporation Announces CEO Transition
'Ali is an accomplished global leader with extensive experience in technical sectors and a strong track record of executing strategy in lean, high-performance environments,' said Peter Wallace, Chair of the Rogers Board of Directors. 'This transition also marks a shift to simplify our operating model to enable greater agility and focus. Rogers has a clear strategy, a talented management team and a proven legacy of innovation for customers. We are confident in the team's ability to safely deliver long-term value for our customers, employees and shareholders.'
'The Rogers Board of Directors will conduct a robust search to select a permanent leader— as the company enters its next phase of growth and innovation. The search will consider internal and external candidates,' added Mr. Wallace.
Mr. El-Haj is a seasoned CEO with over 30 years of international experience leading growth, turnarounds, and strategic expansion in the automotive and manufacturing industries. Most recently, he guided Techniplas, a Tier 1 supplier, through multiple acquisitions, complex COVID-19 supply chain challenges, and securing several contracts with European OEMs. Prior to that, Mr. El-Haj served as President and CEO of CAP-CON Automotive Technologies, where he expanded Casco Products into a global leader in sensor and connectivity systems, and simultaneously led ARC Automotive through a major turnaround. Mr. El-Haj holds a master's degree in physics/quantum mechanics from the University of Connecticut and a bachelor's degree in electrical and computer engineering from the University of Bridgeport.
'I am honored to lead the Rogers organization at such a pivotal time in its journey,' said Mr. El-Haj. 'I look forward to working closely with the executive leadership team, employees around the world and the Board of Directors to execute with excellence on our strategic plan. Together, we will drive innovation, enhance our operational discipline and execute where it matters for our customers, creating the engineered materials that move the world forward.'
'On behalf of the Board of Directors and the employees at Rogers, I would like to thank Colin for his leadership and contributions to the organization. We wish him well in his future endeavors,' said Mr. Wallace.
About Rogers Corporation
Rogers Corporation (NYSE: ROG) is a global leader in engineered materials to power, protect, and connect the world. With more than 185 years of materials science and process engineering expertise, Rogers delivers high-performance solutions for EV/HEV, advanced electronics, aerospace and defense, and industrial markets. Headquartered in Chandler, Arizona (USA), Rogers operates manufacturing facilities in the United States, China, Germany, Hungary, Belgium, and South Korea, with sales offices worldwide.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 minutes ago
- Yahoo
Ryder System Second Quarter 2025 Earnings: EPS Beats Expectations
Ryder System (NYSE:R) Second Quarter 2025 Results Key Financial Results Revenue: US$3.19b (flat on 2Q 2024). Net income: US$132.0m (up 5.6% from 2Q 2024). Profit margin: 4.1% (up from 3.9% in 2Q 2024). EPS: US$3.16 (up from US$2.87 in 2Q 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Ryder System EPS Beats Expectations Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.6%. Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Transportation industry in the US. Performance of the American Transportation industry. The company's shares are up 7.5% from a week ago. Risk Analysis Before we wrap up, we've discovered 2 warning signs for Ryder System (1 shouldn't be ignored!) that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12 minutes ago
- Yahoo
Better Nuclear Energy Stock: NuScale Power vs. Oklo
Key Points NuScale's small modular reactors are challenging traditional nuclear plants. Oklo's microreactors are well-suited for smaller remote deployments. But only one of these companies is generating meaningful revenue. 10 stocks we like better than NuScale Power › Over the past few years, the explosive growth of the artificial intelligence (AI) market drove many investors toward chipmakers like Nvidia and software giants like Microsoft. However, that secular trend is also stirring up strong tailwinds for nuclear power companies that are addressing the soaring energy needs of those big cloud and AI data centers. Two smaller nuclear energy companies often associated with the AI market are NuScale Power (NYSE: SMR) and Oklo (NYSE: OKLO). Let's see why these two companies could benefit from the AI boom -- and which stock is the better buy right now. The differences between NuScale and Oklo NuScale and Oklo both produce smaller and scalable nuclear reactors. NuScale develops small modular reactors (SMRs), which each generate up to 77 megawatts of electricity (MWe). It chains together those modules in flexible configurations that are easier to deploy than traditional nuclear reactors. Its VOYGR-6 configuration connects six of its 77 MWe modules to generate 462 MWe, while its top-tier VOYGR-12 configuration connects 12 modules to generate 924 MWe. NuScale is the only company that holds Standard Design Approvals from the U.S. Nuclear Regulatory Commission (NRC) for its SMRs. The NRC approved its 50 MWe design in January of 2023 and its 77 MWe design this May. Its 77 MWe design takes up 1% of the space of a traditional nuclear reactor but generates the same amount of power. Oklo's flagship product, the Aurora, is a much smaller microreactor that only generates 1.5 MWe of power. These tiny microreactors can be chained together in bigger deployments that generate 15 to 100 MWe, and that flexibility makes them well-suited for remote and off-grid deployments. Oklo's microreactors run on metallic uranium fuel pellets -- which are denser, more thermal resistant, and cheaper to make than the standard uranium dioxide fuel pellets used by NuScale and other reactor makers. Its fabricated metallic pellets are also easier to reprocess and recycle in a closed loop that can operate for about a decade without being refueled. NuScale's SMRs need to be refueled every two years, but their modular design allows them to be fueled in stages so the entire plant doesn't go offline. Which company is growing faster? The density, scalability, and power efficiency of SMRs and microreactors are attracting a lot of attention from energy companies and power-hungry data center operators. However, both of these companies could struggle with growing pains over the next few years. In 2023, NuScale suffered a major setback when its soaring expenses forced it to cancel its plan to build six nuclear reactors in Idaho. Today, it generates most of its revenue in Romania, where it serves as a subcontractor for Fluor's planned construction of a 462 MWe plant. That project is still in the front-end engineering and design phase, but it's expected to receive a final investment decision in 2026. The NRC's recent approval of its 77 MWe design also opens the door for NuScale's stateside comeback. It has already been holding active discussions with five hyperscale data center operators in the U.S. to support that return. In 2024, NuScale's revenue rose 62% to $37 million, but its net loss more than doubled to $137 million. In 2025, analysts expect its revenue to rise 34% to $50 million as it narrows its net loss to $69 million. That growth could be driven by the final investment decision in Romania, which would pave the way toward the construction of its first plants, and new domestic data center contracts. But with a market capitalization of $6.7 billion, NuScale already looks richly valued at 135 times this year's sales. Oklo isn't expected to generate any revenue until it deploys its first reactors in Idaho in late 2027 or early 2028. Analysts expect it to rack up net losses of $66 million in 2025 and $78 million in 2026. Yet its market value sits at $10.2 billion -- which is more than 762 times the $13 million in revenue it's expected to generate in 2027. The shares probably trades at that frothy valuation because Sam Altman, the CEO of OpenAI, previously served as its CEO and chairman. Altman remains one of the company's top investors. The better buy: NuScale The SMRs from NuScale might not be as forward-thinking as Oklo's microreactors, but they're well-suited for building big nuclear plants that could replace older fossil fuel plants. They can also be used to directly power data centers and factories. Microreactors are ideal for small deployments in remote areas, but they're not economical for larger-scale power plants. NuScale is still a speculative investment, but it's on firmer ground than Oklo -- which still looks grossly overvalued and hasn't generated a dollar of meaningful revenue yet. That's why I expect NuScale's stock to remain a better play on nuclear power than Oklo for the foreseeable future. Should you invest $1,000 in NuScale Power right now? Before you buy stock in NuScale Power, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and NuScale Power wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $634,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,799!* Now, it's worth noting Stock Advisor's total average return is 1,037% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Microsoft and Nvidia. The Motley Fool recommends NuScale Power and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Better Nuclear Energy Stock: NuScale Power vs. Oklo was originally published by The Motley Fool
Yahoo
22 minutes ago
- Yahoo
Visa (V) Fell Amid Broad Sell-Off in Card Network Stocks
Sands Capital, an investment management company, released its 'Sands Capital Technology Innovators Fund' Q2 2025 investor letter. A copy of the letter can be downloaded here. Technology Innovators focus on pioneering businesses worldwide that serve as key drivers or beneficiaries of significant long-term changes driven by technology. The fund returned 26.0% (net) in the second quarter compared to a 21.9% return for the benchmark, MSCI ACWI Info Tech and Communication Services Index. Easing geopolitical concerns, renewed AI optimism, resilient macroeconomic data, strong corporate earnings, and technical tailwinds boosted the markets for a quick recovery in the quarter. You can check the fund's top 5 holdings to know more about its best picks for 2025. In its second quarter 2025 investor letter, Sands Capital Technology Innovators Fund highlighted stocks such as Visa Inc. (NYSE:V). Headquartered in San Francisco, California, Visa Inc. (NYSE:V) is a payment technology company. Visa Inc. (NYSE:V) shares returned 1.54% over the past month and appreciated by 36.43% over the last 12 months. On July 24, 2025, Visa Inc. (NYSE:V) stock closed at $353.97 per share, with a market capitalization of $691.48 billion. Sands Capital Technology Innovators Fund stated the following regarding Visa Inc. (NYSE:V) in its second quarter 2025 investor letter: "Visa Inc. (NYSE:V) operates the world's largest retail electronic payment network. Shares declined in June amid a broader selloff in card network stocks following stablecoin-related headlines. Unlike the market, we do not view stablecoin proliferation as a threat to card volumes; in fact, we believe it could expand the addressable market for card networks. While stablecoins may have utility in cross-border business-to business transactions, we think they are unlikely to disrupt consumer-to-merchant payments, where cards offer a compelling value proposition—rewards, liquidity, ubiquity, buyer protections, and trust. Moreover, card networks could enhance stablecoin adoption by providing the rules, protections, and services needed for broader, mainstream use." A close-up of a credit card being swiped on a payment terminal, reflecting the company's payments technology. Visa Inc. (NYSE:V) is in 6th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 165 hedge fund portfolios held Visa Inc. (NYSE:V) at the end of the first quarter, which was 181 in the previous quarter. In Q1 2025, Visa Inc. (NYSE:V) reported $9.5 billion in net revenue, up 10% year-over-year. While we acknowledge the potential of Visa Inc. (NYSE:V) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Visa Inc. (NYSE:V) and shared the list of stocks Jim Cramer recently discussed. In its Q2 2025 investor letter, Aristotle Atlantic Focus Growth Strategy cited the same reason for Visa Inc.'s (NYSE:V) decline in the quarter. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
