Ernest E. Maddock Elected to Teradyne’s Board of Directors
Teradyne, Inc. (NASDAQ:TER) announced the election of Ernest E. Maddock to its Board of Directors, effective November 14, 2022.
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Rhea-AI Summary
Teradyne, Inc. (NASDAQ:TER) announced the election of Ernest E. Maddock to its Board of Directors, effective November 14, 2022. Maddock, who was also appointed to the Audit Committee, brings over 35 years of experience in the technology sector, including a role as CFO at Micron Technology. His extensive background in semiconductors and advanced sensor technologies aligns with Teradyne's growth strategy, enhancing the company's leadership in industrial automation and innovative testing solutions.
Positive
- Ernest E. Maddock brings extensive experience in the semiconductor industry.
- Maddock's leadership aligns with Teradyne's long-term growth strategy.
Negative
- None.
Details
News Market Reaction – TER
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NORTH READING, Mass., Nov. 02, 2022 (GLOBE NEWSWIRE) -- Teradyne, Inc. (NASDAQ:TER) announced the election of Ernest E. Maddock to its Board of Directors effective November 14, 2022. Mr. Maddock was also appointed to the Board’s Audit Committee.
“We are pleased to have Ernie join the Teradyne Board of Directors,” said Paul Tufano, Teradyne Chairman. “His broad and diverse background in the semiconductor industry, coupled with an understanding of advanced sensor technologies used in automation applications aligns well with Teradyne’s long term growth strategy.”
Mr. Maddock has over 35 years of experience in the technology industry serving in operations, technology and finance roles including 10 years as a public company CFO, most recently at Micron Technology from 2015 to 2018. Prior to Micron, Mr. Maddock was the CFO at Riverbed Technologies and prior to that, spent 16 years at LAM Research in a variety of leadership positions culminating in the CFO role from 2009 to 2013.
Mr. Maddock earned his Bachelor of Science degree in Industrial Management from the Georgia Institute of Technology and a Master of Business Administration degree in Finance from Georgia State University.
About Teradyne
Teradyne (Nasdaq:TER) brings high-quality innovations such as smart devices, life-saving medical equipment and data storage systems to market, faster. Its advanced test solutions for semiconductors, electronic systems, wireless devices and more ensure that products perform as they were designed. Its Industrial Automation offerings include collaborative and mobile robots that help manufacturers of all sizes improve productivity and lower costs. In 2021, Teradyne had revenue of
| For more information, contact: | |
| Andy Blanchard | |
| Investor Relations | |
| Tel 978.370.2425 | |
| investorrelations@teradyne.com | |
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