On December 7, 2022, the Board of Directors of Rogers Corporation appointed Colin Gouveia, Senior Vice President and General Manager of the Company’s Elastomeric Material Solutions (EMS) business unit, as President and Chief Executive Officer of the Company effective as of January 1, 2023. Mr. Gouveia was also appointed as a director of the Company, effective as of January 1, 2023, and the size of the Board will be increased to ten directors effective as of that date. As previously disclosed, Bruce Hoechner, President and Chief Executive Officer of the Company since 2011, has decided to retire effective December 31, 2022 and will remain as a member of the Board and act in an advisory capacity at the Company until March 31, 2023.

Mr. Gouveia, 59, has served as Senior Vice President and General Manager of EMS since 2019. Mr. Gouveia brings more than three decades of cross-functional experience in the specialty chemical and materials manufacturing industries. Prior to joining the Company in June 2019, Mr. Gouveia served as Vice President and General Manager of Eastman Chemical’s global Chemical Intermediates business unit from December 2014.

Mr. Gouveia has also held global leadership positions with Dow Chemical Company, The Rohm and Haas Company and Imperial Chemical Industries (ICI). Mr. Gouveia received an M.B.A. from Villanova University, a B.S. in Biology from Norwich University and he served as an officer in the U.S. Army for five years. Mr. Gouveia previously served on the boards of directors of NL Industries Inc. and Kronos Worldwide Inc. from May 2022 to December 2022.