Cohu (COHU) just unveiled an announcement.
Cohu, Inc. is undergoing a corporate shift as Thomas D. Kampfer transitions to a part-time role starting July 15, 2024, reducing his work commitment to 60% and focusing on Senior Vice President Corporate Development under the CEO. With this change, he’ll cease to be an executive officer, and his annual salary will drop to $243,000. Emily R. Lough, who joined last October, will take over his legal and corporate secretary responsibilities. Kampfer’s change in position aligns with the company’s succession strategy and does not affect his equity award vesting terms.
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