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Posted 07 June, 2022

TERADYNE, INC appointed new CEO

CEO Change detected for ticker Nasdaq:TER in a 8-K filed on 07 June, 2022.


  On June 3, 2022, Teradyne, Inc. ("Teradyne" or the "Company") appointed Greg Smith President of the Company effective July 1, 2022. Mark Jagiela will continue as Teradyne's Chief Executive Officer.  

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Overview of TERADYNE, INC
Industrial Goods • Precision Products
Teradyne, Inc. engages in the development and sale of automatic test systems. It operates through the following business segments: Semiconductor Test, System Test, Robotics, Wireless Test, and Corporate. The Semiconductor Test segment designs, manufactures, and markets semiconductor test products and services. The System Test segment markets products and services for the Defense/Aerospace, Storage Test, and Production Board Test business units. The Robotics segment includes operations related to the design, manufacturing, and marketing of collaborative robotic arms, autonomous mobile robots, and advanced robotic control software. The Wireless Test segment is involved in wireless test products and services. The Corporate relates to other automatic test systems and robotics products. The company was founded by Alexander V. d'Arbeloff and Nicholas DeWolf in 1960 and is headquartered in North Reading, MA.
Market Cap
$17.8B
View Company Details
TERADYNE, INC by TradingView
Relevant filing section
Item 5.02. 
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 


On June 3, 2022, Teradyne, Inc. ("Teradyne" or the "Company") appointed Greg Smith President of the Company effective July 1, 2022. Mark Jagiela will continue as Teradyne's Chief Executive Officer. Mr. Smith, 59, joined Teradyne in 2006 and has served as President of the Company's Industrial Automation Group since 2020. Mr. Smith served as President of the Company's Semiconductor Test Division from 2016 to 2020. 

In connection with his appointment as President of the Company, effective July 1, 2022, Mr. Smith's annual base salary will be increased from $540,000 to $750,000, his performance-based variable cash compensation target will be increased from 85% to 100% of his annual base salary, and he will be eligible for the Company's Cash Profit Sharing Plan.