Mark Popovich Joins Intevac as Vice President of Business Development

Intevac, Inc. (Nasdaq:IVAC, “Intevac” or “the Company”), a leading supplier of thin-film processing systems, today announced that Mark Popovich has joined the Company as vice president of business development, effective October 10^th, 2022. Concurrent with his joining the Company full-time, he has resigned from his position as a member of the Board of Directors, effective November 11, 2022.

“Mark brings over 25 years of business development, process and business management, and director experience at some of the world’s leading semiconductor and electronics manufacturing companies,” said Nigel Hunton, president and chief executive officer of Intevac. “We have made significant progress in our growth initiatives, since Mark began working more closely with the team as a consultant this year, and we are excited that he has decided to join the Company full-time to lead our business development efforts. We will seek to fill Mark’s position on the Board in the coming months.”

Mr. Popovich has served as a director of Intevac since February 2018, including serving on the Nominating and Governance Committee of the Board from February 2018 to October 2022 as well as serving on the Audit Committee of the Board from March 2019 to May 2022. Beginning this year, Mr. Popovich has served as an independent industry consultant to semiconductor and display-related companies, and since May 2022 has provided professional services to Intevac related to business development activities in its equipment growth initiatives. From November 2017 until February 2022, Mr. Popovich served as CEO and director on the board of directors of 3D Glass Solutions, a privately-held company producing glass-based system-on-chip and system-in-package devices. Prior to 3D Glass, in 2017, Mr. Popovich was chief strategy officer of Semblant, Inc., a start-up specializing in waterproof nano-coatings for consumer electronics products. From 2013 until 2017, Mr. Popovich held corporate vice president positions including global head of new business at Henkel Corporation, a multi-national chemical and consumer goods company. From 2002 until 2013, Mr. Popovich held various leadership positions at Amkor Technology, an outsourced provider in the semiconductor assembly and packaging industry, including corporate vice president and general manager of Asia and vice president, business development. From 2015 to 2017, Mr. Popovich served on the boards of two private companies: Vitriflex Inc. and Dropwise Technology Corporation. Mr. Popovich holds a Bachelor of Science degree in Ceramic Science & Engineering from The Pennsylvania State University.