leadership
confidence high
sentiment neutral
materiality 0.60
Data I/O CFO Gerald Ng retires; Todd Henne appointed interim CFO effective May 20
DATA I/O CORP
- CFO Gerald Y. Ng retired effective May 19, 2025; will provide transition support through Q2 2025 at current base compensation.
- Todd Henne appointed Interim CFO, Secretary and Treasurer effective May 20, 2025; Henne is fractional CFO from TAG CXO.
- TAG CXO to receive $25,000/month for 3 days/week of Henne's services; initial 4-month term, extendable up to 2 months, plus incentive payments up to $9,000/month.
- Annual meeting results: all five director nominees elected; ratification of Grant Thornton as auditor (94.15% for); say-on-pay approved (92.61% for).
- No family relationships or transactions disclosed with Henne.