secwatch.observer — SEC 8-K summary
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Issuer:     TERADYNE, INC (TER)
CIK:        0000097210
Form:       8-K
Filed at:   2022-06-07T23:59:59+00:00
Accession:  0001193125-22-169287
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Teradyne appoints Greg Smith as President effective July 1, 2022
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- Greg Smith, previously President of Industrial Automation Group since 2020, named President of Teradyne; Mark Jagiela remains CEO.
- Annual base salary increased from $540,000 to $750,000 effective July 1, 2022.
- Performance-based variable cash compensation target raised from 85% to 100% of base salary.
- Smith also becomes eligible for the Company’s Cash Profit Sharing Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/97210/000119312522169287/0001193125-22-169287-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/97210/000119312522169287/d314927d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-169287

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