Teradyne CEO Mark Jagiela to retire; President Gregory Smith named successor effective Feb 1, 2023

TERADYNE, INC

Mark Jagiela to retire as CEO and board member effective Feb 1, 2023, after 40+ years at Teradyne.
Gregory Smith, current President and 16-year veteran, appointed CEO and to board effective same date.
Smith previously led Semiconductor Test Division (2016-2020) and Industrial Automation Group (2020-2022).
Jagiela served as CEO since 2014; chairman cites solid footing for future growth.
Smith's compensation to be reviewed by board in January 2023 as part of annual review.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Mark E. Jagiela

Chief Executive Officer

TER · TERADYNE, INC

Effective: 2023-02-01
Successor: Gregory S. Smith
Filed: November 16, 2022, 6:59 PM ET

On November 15, 2022, Teradyne, Inc. (the “Company” or “Teradyne”) was notified of the decision by Mark E. Jagiela to retire as Chief Executive Officer of the Company and as a member of the Company’s Board of Directors effective February 1, 2023.

Appointed

Gregory S. Smith

Chief Executive Officer

TER · TERADYNE, INC

Effective: 2023-02-01
Filed: November 16, 2022, 6:59 PM ET

On November 15, 2022, the Company appointed Gregory S. Smith the Chief Executive Officer of the Company effective February 1, 2023, replacing Mark E. Jagiela.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Mark E. Jagiela departed as Chief Executive Officer at TERADYNE, INC.

Action: retire
Role: Chief Executive Officer

Exact text from the filing

On November 15, 2022, Teradyne, Inc. (the “Company” or “Teradyne”) was notified of the decision by Mark E. Jagiela to retire as Chief Executive Officer of the Company and as a member of the Company’s Board of Directors effective February 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Gregory S. Smith was appointed as Chief Executive Officer at TERADYNE, INC.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On November 15, 2022, the Company appointed Gregory S. Smith the Chief Executive Officer of the Company effective February 1, 2023, replacing Mark E. Jagiela.

View on SEC.gov

TERADYNE, INC filing history →

Source: SEC EDGAR

accession 0001193125-22-286746

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