CHANDLER, AZ -- Isola Group announced Jeff Waters has been named president and CEO, effective immediately. Waters succeeds interim CEO Jeffery McCreary, who led the materials giant following Ray Sharpe’s retirement last August.

McCreary will continue to serve on Isola’s board of directors, a position he has held since 2006.

Waters brings 25 years of experience in the semiconductor industry, having held senior leadership positions at Altera, Texas Instruments and National Semiconductor. As senior vice president and general manager of Altera’s business units, Waters was responsible for $1.7B in revenue across the company’s product lines, including development of high growth data center and automotive markets. He held several executive positions at TI and NI, including division vice president, vice president of sales and marketing for Japan, vice president of worldwide marketing, and a variety of engineering management and manufacturing roles. He has a bachelor's in electrical engineering from the University of Notre Dame, a master's in EE from Santa Clara University, and an MBA from Northwestern. 

In a statement, McCreary said, “The board was extremely impressed by the outstanding candidates we evaluated. More importantly, the board unanimously agreed that Waters stood out among them. It is clear that Waters’ experience and attributes align perfectly with Isola’s refined strategic direction.”

"With its strong history of technology leadership and its worldwide manufacturing and R&D presence, Isola has differentiated assets that have enabled customers in their push for higher speed, higher density and higher temperature products," Waters said. "I feel privileged to lead the talented group of professionals at Isola as we take the company to greater levels of new product execution, customer engagement and financial performance."

Prior to his retirement, Sharpe had been president and CEO of Isola since its acquisition by TPG in 2004.

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