Cognex CFO Paul Todgham to resign effective March 15, 2024; receives $300k retention bonus

COGNEX CORP

Paul Todgham, SVP Finance and CFO, mutually agreed to resign effective March 15, 2024.
Resignation not due to any disagreement with Cognex over operations, policies, or practices.
Todgham will receive $300,000 retention bonus if he stays through March 15 and 18 months of health insurance.
Company is searching for a new CFO; Todgham remains subject to non-competition and non-solicitation covenants.

item 5.02

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Departed

Paul Todgham

Senior Vice President of Finance and Chief Financial Officer

CGNX · COGNEX CORP

Effective: 2024-03-15
Filed: January 3, 2024, 6:59 PM ET

On January 3, 2024, Cognex Corporation (the “Company”) and Paul Todgham, Senior Vice President of Finance and Chief Financial Officer of the Company (principal financial officer and principal accounting officer), mutually agreed that Mr. Todgham will resign from the Company, effective March 15, 2024.

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Executive change SEC 8-K Item 5.02 confidence 1.0

Paul Todgham resigned as Senior Vice President of Finance and Chief Financial Officer at COGNEX CORP.

Action: resigned
Role: Senior Vice President of Finance and Chief Financial Officer

Exact text from the filing

On January 3, 2024, Cognex Corporation (the “Company”) and Paul Todgham, Senior Vice President of Finance and Chief Financial Officer of the Company (principal financial officer and principal accounting officer), mutually agreed that Mr. Todgham will resign from the Company, effective March 15, 2024.

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COGNEX CORP filing history →

Source: SEC EDGAR

accession 0001193125-24-001477

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