Data I/O terminates CTO Rajeev Gulati and VP Marketing Michael Tidwell without cause, effective Dec 1, 2024

DATA I/O CORP

Rajeev Gulati, VP and CTO, terminated without cause effective Dec 1, 2024; eligible for $127,500 severance (6 months salary).
Michael Tidwell, VP Marketing and Corporate Business Development, terminated without cause effective same date; eligible for $125,000 severance.
Severance conditional on signing waiver and release of claims acceptable to the company.
No successors or replacements announced for either position.

item 5.02

Executive movements

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Departed

Rajeev Gulati

Vice President and Chief Technology Officer

DAIO · DATA I/O CORP

Effective: 2024-12-01
Filed: November 26, 2024, 6:59 PM ET

Rajeev Gulati, Vice President and Chief Technology Officer of Data I/O Corporation (the “Company”), was terminated without cause effective December 1, 2024.

Departed

Michael Tidwell

Vice President of Marketing and Corporate Business Development

DAIO · DATA I/O CORP

Effective: 2024-12-01
Filed: November 26, 2024, 6:59 PM ET

Michael Tidwell, Vice President of Marketing and Corporate Business Development of the Company, was terminated without cause effective December 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Rajeev Gulati was terminated as Vice President and Chief Technology Officer at DATA I/O CORP.

Action: terminated
Role: Vice President and Chief Technology Officer

Exact text from the filing

Rajeev Gulati, Vice President and Chief Technology Officer of Data I/O Corporation (the “Company”), was terminated without cause effective December 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Tidwell was terminated as Vice President of Marketing and Corporate Business Development at DATA I/O CORP.

Action: terminated
Role: Vice President of Marketing and Corporate Business Development

Exact text from the filing

Michael Tidwell, Vice President of Marketing and Corporate Business Development of the Company, was terminated without cause effective December 1, 2024.

View on SEC.gov

DATA I/O CORP filing history →

Source: SEC EDGAR

accession 0000351998-24-000026

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