ROGERS Business Summary

Rogers Corporation (NYSE: ROG) generates revenue through the design and manufacture of high-performance engineered materials, primarily serving the electric vehicle (EV), aerospace, defense, and telecommunications markets. Its business model is centered on high-margin product sales and long-term supply agreements driven by technical design wins with global OEMs and Tier 1 suppliers. The company operates through two core segments: Advanced Electronics Solutions (AES), which provides high-frequency circuit materials and ceramic substrates for power electronics, and Elastomeric Material Solutions (EMS), which produces specialized foams and silicones for sealing and vibration management. Rogers competes directly with DuPont de Nemours, Entegris, Saint-Gobain, and Kyocera AVX, distinguishing itself as a specialized niche leader that maintains superior market share in high-reliability thermal management and signal integrity applications compared to its more diversified chemical peers. Founded in 1832 by Peter Rogers, the company has transitioned from a regional paper mill into a global materials science leader. The executive team is currently led by Interim President and CEO Ali El-Haj, who brought over 30 years of international experience in automotive and manufacturing turnarounds to the role in mid-2025. The financial strategy is managed by SVP and CFO Laura Russell, a veteran of the semiconductor industry with previous leadership roles at Wolfspeed and NXP Semiconductors, while the Advanced Electronics Solutions segment is led by President Jeff Tsao. Governance is directed by Board Chair Armand Lauzon, an industrial veteran appointed in late 2025 to streamline operations and enhance strategic execution. Rogers is a publicly traded entity with significant institutional backing from major shareholders including BlackRock, The Vanguard Group, and activist investor Starboard Value LP, reflecting its critical role in the global electrification and connectivity supply chains.