Technology

Whirlpool Announces Pricing of Cash Tender Offer

Published

3 months ago

June 15, 2026

BENTON HARBOR, Mich., June 15, 2026 /PRNewswire/ — Whirlpool Corporation (NYSE: WHR) (“Whirlpool” or the “Company”) announced today the pricing of its previously announced (i) tender offer (the “Tender Offer”) to purchase for cash any and all of the outstanding 1.250% Notes due 2026 (the “2026 Notes”) and 1.100% Notes due 2027 (the “2027 Notes” and together with the 2026 Notes, the “Notes”) of Whirlpool Finance Luxembourg S.à r.l., a private limited liability company (société à responsabilité limitée) organized under the laws of the Grand Duchy of Luxembourg (the “Issuer”) and wholly owned subsidiary of the Company, and (ii) solicitation of consents from holders of the 2027 Notes (the “Consent Solicitation”) to a proposed amendment (the “Proposed Amendment”) to the indenture governing the 2027 Notes, dated as of November 2, 2016 (the “Indenture”).

The following table details the Reference Yield, Fixed Spread, Tender Offer Consideration, Early Tender Premium and Total Consideration (each as defined in the Offer to Purchase and Consent Solicitation Statement (as defined below)) for each series of Notes.

Title of Notes

ISIN/Common
Code(1)

Reference
Yield

Fixed
Spread

Tender Offer
Consideration(2)(3)

Early Tender
Premium(2)

Total
Consideration
(2) (3)(4)(5)

1.250% Notes
due 2026

XS1514149159 /

151414915

2.345 %

50 bps

€944.09

€50.00

€994.09

1.100% Notes
due 2027

XS1716616179 /
171661617

2.534 %

50 bps

€923.94

€50.00

€973.94

(1)

No representation is made as to the correctness or accuracy of the ISINs or Common Codes listed in this release and the Offer to Purchase and Consent Solicitation Statement or printed on the Notes. They are provided solely for the convenience of holders of the Notes.

(2)

Per €1,000 principal amount of Notes tendered and accepted for purchase.

(3)

Excludes accrued and unpaid interest from the last date on which interest has been paid to, but excluding, the Early Settlement Date or the Final Settlement Date (each as defined below), as applicable, that will be paid on the Notes accepted for purchase.

(4)

Includes the Early Tender Premium.

(5)

The Total Consideration in respect of each series of Notes was calculated at or around 4:00 p.m., Central European time (10:00 a.m., New York City time), today in accordance with standard market practice, as described in the Offer to Purchase and Consent Solicitation Statement.

The Company has elected to exercise its right to make payment for Notes that were validly tendered at or prior to 5:00 p.m., Central European time (11:00 a.m., New York City time), on June 12, 2026 (the “Early Tender Expiration”) and that are accepted for purchase on or about June 18, 2026 (the “Early Settlement Date”). Each holder of the Notes (each, a “Holder” and collectively, the “Holders”) who validly tendered and did not validly withdraw its Notes at or prior to the Early Tender Expiration and whose Notes are accepted for purchase will be entitled to receive the Total Consideration (as set forth in the table above), which includes the Early Tender Premium (as set forth in the table above), together with accrued and unpaid interest, if any, from and including the last date on which interest has been paid to, but excluding, the Early Settlement Date on the Notes accepted for purchase.

In connection with the Tender Offer and Consent Solicitation, the Company is expected to consummate an offering of $2.0 billion aggregate principal amount of senior secured notes (the “Financing Transaction”), consisting of $1.0 billion in aggregate principal amount of 7.500% Senior Secured Second Lien Notes due 2031 and $1.0 billion in aggregate principal amount of 7.875% Senior Secured Second Lien Notes due 2034 on or about June 16, 2026. The Company expects to use a portion of the net proceeds from the Financing Transaction to pay the applicable consideration for all tendered Notes, plus accrued interest and all related fees and expenses.

The Company will continue to accept Notes tendered after the Early Tender Expiration. The Tender Offer and the Consent Solicitation will expire at 5:00 p.m., Central European time (11:00 a.m., New York City time), on June 30, 2026, unless extended by the Company in its sole discretion (such time and date, as the same may be extended, the “Expiration Time”). Holders of Notes who validly tender their Notes following the Early Tender Expiration and at or prior to the Expiration Time will be entitled to receive the Tender Offer Consideration. No tenders submitted after the Expiration Time will be valid. Payment for the Notes that are validly tendered at or prior to the Expiration Time and that are accepted for purchase will be made on a date promptly following the Expiration Time, which is currently anticipated to be July 6, 2026, the third business day following the Expiration Time (the “Final Settlement Date”).

The terms and conditions of the Tender Offer and the Consent Solicitation are described in an Offer to Purchase and Consent Solicitation Statement, dated June 1, 2026 (the “Offer to Purchase and Consent Solicitation Statement”). The Tender Offer and Consent Solicitation are subject to the satisfaction or waiver of certain conditions set forth in the Offer to Purchase and Consent Solicitation Statement.

The Company reserves the right to terminate or extend the Tender Offer or the Consent Solicitation if any condition to the Tender Offer or the Consent Solicitation is not satisfied (or otherwise in its sole discretion), and to amend the Tender Offer or the Consent Solicitation in any respect.

Citigroup Global Markets Inc. is the dealer manager and solicitation agent (the “Dealer Manager”) in the Tender Offer and the Consent Solicitation. Global Bondholder Services Corporation has been retained to serve as the tender and information agent (the “Tender and Information Agent”) for the Tender Offer and the Consent Solicitation. Questions regarding the Tender Offer and the Consent Solicitation should be directed to Citigroup Global Markets Inc. by telephone at +1 (212) 723-6106 (call collect) or +1 (800) 558-3745 (toll-free). Requests for copies of the Offer to Purchase and Consent Solicitation Statement and other related materials should be directed to Global Bondholder Services Corporation by telephone at (212) 430-3774 (bankers and brokers, call collect) or (855) 654-2014 (all other, toll-free); or by email at contact@gbsc-usa.com.

None of the Company, its board of directors, the Dealer Manager, the Tender and Information Agent, the trustee under the Indenture, or any of their respective affiliates, makes any recommendation as to whether any Holder should tender or deliver, or refrain from tendering or delivering, any or all of such Holder’s Notes, and none of the Company nor any of its affiliates has authorized any person to make any such recommendation. Holders must make their own decision as to whether to tender any of their Notes and, if so, the principal amounts of Notes to tender. If any Holder is in any doubt as to the contents of this release, or the Offer to Purchase and Consent Solicitation Statement, or the action it should take, the Holder should seek its own financial and legal advice, including in respect of any tax consequences, immediately from its stockbroker, bank manager, solicitor, accountant, or other independent financial, tax, or legal adviser. The Tender Offer and the Consent Solicitation are made only by the Offer to Purchase and Consent Solicitation Statement. Holders are urged to read the Offer to Purchase and Consent Solicitation Statement carefully before making any decision with respect to the Tender Offer or the Consent Solicitation. The Offer to Purchase and Consent Solicitation Statement contains important information that should be read carefully before any decision is made with respect to the Tender Offer or the Consent Solicitation. This release does not describe all the material terms of the Tender Offer or the Consent Solicitation, and no decision should be made by any Holder on the basis of this release. The terms and conditions of the Tender Offer are described in the Offer to Purchase and Consent Solicitation Statement, and this release must be read in conjunction with the Offer to Purchase and Consent Solicitation Statement. The Tender Offer and the Consent Solicitation are not being made to Holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction where the securities, blue sky or other laws require the Tender Offer and the Consent Solicitation to be made by a licensed broker or dealer, the Tender Offer and the Consent Solicitation will be deemed to be made on behalf of the Company by the Dealer Manager or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction. Any individual or entity whose Notes are held on its behalf by a broker, dealer, bank, custodian, trust company, or other nominee must contact such entity if it wishes to tender such Notes pursuant to the Tender Offer.

This release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor does it constitute an offer, solicitation or sale of these securities, in any jurisdiction in which such offer, solicitation or sale is unlawful.

ABOUT WHIRLPOOL CORPORATION

Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales—close to 90% of which were in the Americas—41,000 employees and 35 manufacturing and technology research centers.

WEBSITE DISCLOSURE

We routinely post important information for investors on our website, WhirlpoolCorp.com, in the “Investors” section. We also intend to update the “Hot Topics Q&A” portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the “Investors” section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.

WHIRLPOOL ADDITIONAL INFORMATION

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by us or on our behalf. Certain statements contained in this document do not relate strictly to historical or current facts and may contain forward-looking statements that reflect our current views with respect to future events and financial performance. As such, they are considered “forward-looking statements” which provide current expectations or forecasts of future events. Such statements can be identified by the use of terminology such as “may,” “could,” “will,” “should,” “possible,” “plan,” “predict,” “forecast,” “potential,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “believe,” “may impact,” “on track,” “guarantee,” “seek,” and the negative of these words and words and terms of similar substance. Examples of forward-looking statements include, but are not limited to, statements relating to the expected timing and terms of the Tender Offer, our ability to complete the Tender Offer and, with respect to the 2027 Notes, the Consent Solicitation on the anticipated timeline or at all, as well as any other statement that does not directly relate to any historical or current fact. These forward-looking statements should be considered with the understanding that such statements involve a variety of risks and uncertainties, known and unknown, and may be affected by inaccurate assumptions. Consequently, no forward-looking statement can be guaranteed and actual results may vary materially.

Many risks, contingencies and uncertainties could cause actual results to differ materially from Whirlpool’s forward-looking statements. Among these factors are: (1) intense competition in the home appliance industry, and the impact of the changing retail environment, including direct-to-consumer sales; (2) Whirlpool’s ability to maintain or increase sales to significant trade customers and builders; (3) Whirlpool’s ability to maintain its reputation and brand image; (4) Whirlpool’s ability to achieve its business objectives and successfully manage its strategic portfolio transformation and outsourced business unit service model; (5) Whirlpool’s ability to understand consumer preferences and successfully develop new products; (6) Whirlpool’s ability to obtain and protect intellectual property rights; (7) acquisition, divestiture, and investment-related risks, including risks associated with our past transactions; (8) the ability of suppliers of critical parts, components and manufacturing equipment to deliver sufficient quantities to Whirlpool in a timely and cost-effective manner; (9) risks related to Whirlpool’s international operations; (10) Whirlpool’s ability to respond to unanticipated social, political and/or economic events, including epidemics/pandemics; (11) information technology system and cloud failures, data security breaches, data privacy compliance, network disruptions, and cybersecurity attacks; (12) product liability and product recall costs; (13) Whirlpool’s ability to attract, develop and retain executives and other qualified employees; (14) the impact of labor relations; (15) fluctuations in the cost of key materials (including steel, resins, and base metals) and components and the ability of Whirlpool to offset cost increases; (16) Whirlpool’s ability to manage foreign currency fluctuations; (17) impacts from goodwill, intangible asset and/or inventory impairment charges; (18) health care cost trends, regulatory changes and variations between results and estimates that could increase future funding obligations for pension and postretirement benefit plans; (19) impacts from credit rating agency downgrades; (20) litigation, tax, and legal compliance risk and costs; (21) the effects and costs of governmental investigations or related actions by third parties; (22) changes in the legal and regulatory environment including environmental, health and safety regulations, data privacy, taxes and AI; (23) the impacts of changes in foreign trade policies, including tariffs; (24) Whirlpool’s ability to respond to the impact of climate change and climate change or other environmental regulation; (25) the uncertain global economy and changes in economic conditions; (26) financing and liquidity uncertainty including payment of dividends on our 8.50% Mandatory Convertible Preferred Stock; (27) the dilutive effect of conversion and potential dividend payments in common stock for our 8.50% Mandatory Convertible Preferred Stock; (28) the liquidation preference of our 8.50% Mandatory Convertible Preferred Stock above our common stock; and (29) reduced operational flexibility and liquidity under our ABL Credit Facility. Except as required by law, we undertake no obligation to update any forward-looking statement, and investors are advised to review disclosures in our filings with the SEC. It is not possible to foresee or identify all factors that could cause actual results to differ from expected or historic results. Therefore, investors should not consider the foregoing factors to be an exhaustive statement of all risks, uncertainties, or factors that could potentially cause actual results to differ from forward-looking statements. Additional information concerning these factors can be found in our periodic filings with the SEC, including our most recent Annual Report on Form 10-K, as updated by our quarterly reports on Form 10-Q, current reports on Form 8-K and other filings we make with the SEC.

European Economic Area

Neither this Tender Offer, the Consent Solicitation, nor any other transaction set forth in the Offer to Purchase and Consent Solicitation Statement constitutes a non-exempt offer of securities to the public within the meaning of the EU Prospectus Regulation and the Tender Offer and Consent Solicitation are not subject to the obligation to publish a prospectus under the EU Prospectus Regulation. The Offer to Purchase and Consent Solicitation Statement is not a prospectus for the purposes of the EU Prospectus Regulation.

General

None of the Offer to Purchase and Consent Solicitation Statement, this announcement or the electronic transmission thereof constitutes an offer to buy or the solicitation of an offer to sell Notes (and tenders of Notes for purchase pursuant to the Tender Offer will not be accepted from Holders) in any circumstances in which such offer or solicitation is unlawful. In those jurisdictions where the securities, blue sky or other laws require the Tender Offer or Consent Solicitation to be made by a licensed broker or dealer and a dealer manager or any of its respective affiliates is such a licensed broker or dealer in any such jurisdiction, the Tender Offer or Consent Solicitation shall be deemed to be made by the respective dealer manager or such affiliates, as the case may be, on behalf of the Company in such jurisdiction. Neither the Tender Offer, the Consent Solicitation nor our website may be used for, or in connection with, any invitation to anyone in any jurisdiction or under any circumstances in which such invitation is not authorized or is unlawful.

View original content to download multimedia:https://www.prnewswire.com/news-releases/whirlpool-announces-pricing-of-cash-tender-offer-302800692.html

SOURCE Whirlpool Corporation

Technology

Russo Challenges Donalds and Jolly to Debate Florida’s Insurance Crisis – Calls for Return of Elected Insurance Commissioner

Published

27 minutes ago

September 10, 2026

40-year insurance industry veteran says Florida homeowners deserve a direct voice in who oversees the industry – and proposes putting the state’s $17 billion Catastrophe Fund to work for Floridians first

TALLAHASSEE, Fla., Sept. 10, 2026 /PRNewswire/ — Non-Party Affiliated candidate for Governor Frank Russo, joined by running mate Rachel Rodriguez, is challenging Republican candidate Byron Donalds and Congressman Jolly to a public debate over one of the biggest issues facing Florida families: who should be accountable for the state’s insurance system?

Russo, who spent 40 years in the insurance industry – including as an Allstate executive when Hurricane Andrew struck Florida in 1992 – is calling for Florida to restore an elected Insurance Commissioner who answers directly to voters.

“Let’s talk facts, Byron. Let’s debate facts,” Russo said. “I’ve spent 40 years in this business. You cannot insure against Mother Nature. You prepare for it. And when families are paying thousands more to insure the same home, somebody should have to look those homeowners in the eye and answer for it.”

How Florida Homeowners Lost Their Voice
Hurricane Andrew devastated South Florida in 1992 and fundamentally changed the state’s insurance market. Major carriers pulled back and non-renewed homeowners as the market struggled to absorb catastrophic risk.

Then, in 1998, Florida voters approved a constitutional restructuring that eliminated the elected offices of Insurance Commissioner and Treasurer. Those responsibilities ultimately moved into a system in which Florida’s Insurance Commissioner is appointed rather than directly elected by voters.

Russo believes Florida should reverse course.

“When the person overseeing insurance has to earn your vote, homeowners have a voice,” Russo said. “When that person is appointed, the accountability changes. After what Florida families have been through with premiums, non-renewals and carriers leaving the state, I think it’s time to give that power back to the people.”

Put Florida’s Safety Net to Work for Floridians
Russo is also calling for a fundamental rethinking of how Florida uses Citizens Property Insurance Corporation and the Florida Hurricane Catastrophe Fund.

The Catastrophe Fund has approximately $17 billion in statutory claims-paying capacity and serves as a reinsurance backstop for Florida insurers.

Russo’s question is simple: if Floridians ultimately stand behind the system, why shouldn’t Florida homeowners come first?

His plan includes:

Homeowners first – Explore a catastrophic homeowner coverage option of up to $500,000 that would give Florida residents first access to the protection provided by the state’s catastrophe infrastructure before private insurers rely on it as their backstop.Put the fund to work – Evaluate using a portion of the Catastrophe Fund to stabilize Florida’s insurance market, strengthen the underlying coverage available to homeowners and create conditions that encourage major national carriers to expand their presence in Florida again.Elect the Insurance Commissioner – Pursue a constitutional amendment restoring an independently elected Florida Insurance Commissioner within the first 100 days of a Russo-Rodriguez administration.

Russo emphasized that his proposal is not an attack on established insurers that have served Florida for decades.

“I know this industry. I know these companies. This isn’t about attacking Allstate, State Farm, Chubb or Hartford,” Russo said. “It’s about asking whether the system we built is actually working for the homeowner paying the bill. If it isn’t, we fix it. That’s Business 101.”

People Before Profits
Russo said Florida’s insurance crisis is one of the reasons he believes the state needs leadership independent of the two-party system.

“I left the Republican Party because somewhere along the way we forgot something very basic – people come before profits,” Russo said. “We are not going to tax Floridians out of their homes, and we are not going to insure them out of their homes either.”

Russo is also calling on Florida’s insurance professionals to join the conversation.

After decades in the industry, he said agents across Florida understand better than most what homeowners are experiencing – and can help Floridians understand how the system actually works.

“To my fellow insurance agents – our clients trust us to tell them the truth,” Russo said. “They deserve to understand where their money goes, who carries the risk and who is accountable when the system stops working for them. This is bigger than politics. This is about the people we spent our careers serving.”

Russo said Donalds and Jolly should be prepared to answer the same fundamental question in any gubernatorial debate:

Should Florida’s Insurance Commissioner answer directly to the people of Florida?

“If Byron and Jolly disagree with me, great – come debate me,” Russo said. “Tell Florida homeowners why the current system is better. But don’t hide behind talking points. Bring the facts, bring your plan and let the people decide.”

“Floridians ultimately stand behind Citizens and the Catastrophe Fund. It’s their money, their homes and their risk. It’s time we started treating them like the owners.”
– Frank Russo

Russo • Rodriguez 2026
The People’s Choice. The Caring Capitalists. Humanity Over the Dollar.

About Frank J. Russo:
Frank J. Russo is a lifelong Floridian, entrepreneur, insurance executive, real estate developer, and humanitarian with more than 40 years of business leadership, including over 30 years in the insurance industry. Based in New Smyrna Beach, Russo is running for Governor to restore affordability, strengthen Florida’s economy, and build a government focused on practical solutions that put Floridians first. For more information, or to volunteer or donate, visit Russo2026.com.

Media Contact
Mary Elkordy
Press@russo2026.org

View original content to download multimedia:https://www.prnewswire.com/news-releases/russo-challenges-donalds-and-jolly-to-debate-floridas-insurance-crisis–calls-for-return-of-elected-insurance-commissioner-302875673.html

SOURCE Frank J. Russo for Governor

Technology

Cuprum Metals wins Scale-Up Grand Prix at 2026 World Materials Forum

Published

27 minutes ago

September 10, 2026

ORLANDO, Fla., Sept. 10, 2026 /PRNewswire/ — Cuprum Metals (“Cuprum”), an industry leading copper extraction technology company, has been awarded the Grand Prix Scale-Up Award at the World Materials Forum (WMF) in Paris, France. The award, presented on September 4th, recognizes Cuprum’s technology for its potential to transform copper recovery from primary and secondary sulfides and other copper-bearing sources, addressing the growing global need for more efficient, sustainable, and reliable copper production.

The World Materials Forum Grand Prix is an international competition recognizing innovative companies developing breakthrough technologies that can transform how materials are produced, processed, used, recycled, or conserved. Companies selected as nominees gain valuable exposure to senior executives, investors, industry leaders, and technical experts from across the global materials ecosystem, while also having the opportunity to present their technology directly to the WMF jury and broader forum audience.

The award recognizes the Cuprum’s progress in unlocking copper from traditionally difficult to process ores, such as chalcopyrite, which has proven to be a technical constraint that has limited global supply.

Accepting the award, founder and CEO Roger Pettman said, “I am delighted to accept this award and deeply appreciate the recognition and support from the World Materials Forum. This is an extremely special accomplishment for Cuprum Metals and our technology, particularly given the highly accomplished and visionary entrepreneurs who were part of this competition. The Grand Prix is an incredible recognition of the work our team is doing to address one of the most important challenges facing the global economy: securing a more sustainable and reliable supply of copper. We’re incredibly proud to have our technology recognized alongside some of the most innovative companies in the materials sector, and we’re excited to use this opportunity to accelerate our mission and scale our solution in the market.”

With the continued support of its existing investors, including Lundin Family Office, BHP Ventures, and Woodline Partners, Cuprum Metals is advancing its technology toward full-scale commercial deployment. The company is focused on implementing the technology across two high-impact applications: improving copper recovery through heap leaching of copper ores and converting copper slag, a significant mining and metallurgical waste stream, into valuable copper metal. Together, these applications have the potential to unlock additional copper resources, improve recovery from existing operations, reduce waste, and contribute to a more sustainable and resilient global copper supply chain. Cuprum is now focused on scaling its technology, progressing commercial applications, and working with industry partners to move from successful technology development toward broad market adoption.

About Cuprum Metals

Cuprum Metals is a technology company focused on transforming the way copper is recovered and produced, with the goal of enabling a more sustainable, efficient, and resilient global copper supply chain. The company has developed innovative technology designed to improve copper recovery from ores through heap leaching while also creating a pathway to convert copper slag and other metallurgical waste streams into valuable copper metal.

Cuprum’s technology has the potential to unlock traditionally difficult copper resources, improve the economics and efficiency of existing operations, and recover value from materials that are traditionally treated as waste. By addressing both primary copper recovery and the conversion of secondary waste into copper, Cuprum is developing solutions aimed at increasing the availability of this critical metal while reducing the environmental footprint associated with its production.

Backed by leading investors, including Lundin Family Office, BHP Ventures, and Woodline Partners, Cuprum is advancing its technology toward full commercialization and working with industry partners to implement its technology at scale. The company’s mission is to help meet growing global demand for copper by developing practical technologies that enable more copper to be recovered from existing resources and waste, using materials more efficiently and sustainably.

Media Contact

Roger Pettman, Chairman and CEO, E-Mail: roger.pettman@cuprummetals.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/cuprum-metals-wins-scale-up-grand-prix-at-2026-world-materials-forum-302875675.html

SOURCE Cuprum Metals

Technology

ZEISS Industrial Quality Solutions USA Announces New Leadership to Support Growing Customer Demand

Published

27 minutes ago

September 10, 2026

Following a period of rapid growth, ZEISS Industrial Quality Solutions USA invests in leadership and service transformation to scale alongside its customers.

WIXOM, Mich., Sept. 10, 2026 /PRNewswire/ — ZEISS Industrial Quality Solutions USA today announced a series of leadership and capability investments designed to support continued business growth and increased customer demand nationwide. The announcement reflects ZEISS’ continued investment in the people, infrastructure and regional support needed to increase capacity, strengthen responsiveness and provide customers with greater access to ZEISS expertise.

ZEISS Industrial Quality Solutions USA invests in leadership and service transformation to support customer success.

The announcement includes the appointment of Daniel Tagscherer as Vice President, Head of Finance & Business Operations. With more than 20 years at ZEISS, he has held leadership roles spanning finance, operations and business transformation, most recently serving as Global Head of Finance & Controlling for ZEISS Industrial Quality Solutions. In his new role, Tagscherer will lead key business functions and strategic initiatives that support operational performance, organizational scalability and long-term growth.

“Our continued growth reflects the trust customers place in ZEISS and the value we deliver every day,” said Hendrie Viktor, President of ZEISS Industrial Quality Solutions North America. “Daniel’s combination of financial, operational and transformational leadership will be instrumental in helping us build for the future. His experience and perspective will help ensure we continue to do so with the same focus on quality, innovation and customer commitment that defines ZEISS.”

The company has also appointed Al Chiasson as Vice President, Head of Services. An industry veteran with more than two decades of experience, including more than a decade at ZEISS, Chiasson will lead the company’s service organization, strengthening alignment between technical expertise and service delivery. His deep understanding of customer requirements, applications and operational execution will help further enhance customer experience as ZEISS continues to expand its service capabilities.

“Al has played an important role in building the technical expertise that differentiates ZEISS in the market. He understands our customers’ applications, challenges and long-term goals and has a proven track record leading customer-focused teams. We have tremendous confidence in his ability to scale our service organization while maintaining the high standards of expertise, responsiveness and partnership our customers expect from ZEISS,” Tagscherer said.

Building on these leadership appointments, ZEISS Industrial Quality Solutions USA is implementing an optimized organizational service structure designed to support long-term expansion and customer success. The model creates focused, highly specialized teams with dedicated regional ownership, helping the company stay closely connected to customer needs.

These investments follow a period of double-digit growth over the past three years, as the company continues to scale its capabilities to support customers nationwide. Recent investments include expanding its field service technician network by more than 30 percent, increasing service management resources and investing in regional support capabilities. The company also opened two new ZEISS Quality Excellence Centers in less than a year (Bloomfield, Connecticut, and Huntersville, North Carolina). Together, these steps strengthen access to ZEISS expertise, applications support and service in response to growing demand.

“Our focus is on delivering the world-class service and support our customers deserve. As quality requirements become increasingly complex, access to expertise and trusted partnership is more important than ever. We are committed to helping our customers solve challenges faster and achieve their goals with confidence,” said Chiasson.

To learn more about ZEISS, visit www.zeiss.com/metrology

About ZEISS

ZEISS is an internationally leading technology enterprise operating in the fields of optics and optoelectronics. In the previous fiscal year, the ZEISS Group generated annual revenue totaling almost 12 billion euros in its four segments Semiconductor Manufacturing Technology, Industrial Quality & Research, Medical Technology, and Consumer Markets (September 30, 2025).

For its customers, ZEISS develops, produces, and distributes highly innovative solutions for industrial metrology and quality assurance, microscopy solutions for the life sciences and materials research, and medical technology solutions for diagnostics and treatment in ophthalmology and microsurgery. The name ZEISS is also synonymous with the world’s leading lithography optics, which are used by the chip industry to manufacture semiconductor components. There is global demand for trendsetting ZEISS brand products such as eyeglass lenses, camera lenses, and binoculars.

With a portfolio aligned with future growth areas like digitalization, healthcare, and Smart Production and a strong brand, ZEISS is shaping the future of technology and constantly advancing the world of optics and related fields with its solutions. The company’s significant, sustainable investments in research and development lay the foundation for the success and continued expansion of ZEISS’ technology and market leadership. ZEISS invests 15 percent of its revenue in research and development – this high level of expenditure has a long tradition at ZEISS and is also an investment in the future.

With over 46,600 employees, ZEISS is active globally in around 50 countries with more than 60 sales and service locations, around 40 research and development facilities, and 30 production facilities worldwide (September 30, 2025). Founded in 1846 in Jena, the company is headquartered in Oberkochen, Germany. The Carl Zeiss Foundation, one of the largest foundations in Germany committed to the promotion of science, is the sole owner of the holding company, Carl Zeiss AG.

Further information at www.zeiss.com

ZEISS Industrial Quality Solutions

ZEISS Industrial Quality Solutions is a leading manufacturer of multidimensional metrology solutions. These include coordinate measuring machines, optical and multisensor systems, microscopy systems for industrial quality assurance as well as metrology software for the automotive, aircraft, mechanical engineering, plastics and medical technology industries. Innovative technologies such as 3D X-ray metrology for quality inspection round off the portfolio. In addition, ZEISS Industrial Quality Solutions offers a broad global spectrum of customer services with ZEISS Quality Excellence Centers close to its customers. The company is headquartered in Oberkochen. Production and development sites outside Germany are located in Minneapolis in the USA, Shanghai (China) and Bangalore (India). ZEISS Industrial Quality Solutions is part of the Industrial Quality & Research segment.

View original content to download multimedia:https://www.prnewswire.com/news-releases/zeiss-industrial-quality-solutions-usa-announces-new-leadership-to-support-growing-customer-demand-302875677.html

SOURCE Carl Zeiss Industrial Quality Solutions, LLC