Summary by Futu AI
On January 12, 2024, Teradyne, Inc., a leading provider of automated test equipment, announced the appointment of Bridget A. van Kralingen to its Board of Directors. Van Kralingen, a Partner at Motive Partners and former senior leader at IBM, brings over 35 years of experience in global software technology businesses to the role. She will also serve on Teradyne's Compensation Committee and Nominating and Corporate Governance Committee. The Board has confirmed her independence according to SEC and Nasdaq rules. Van Kralingen's compensation includes an annual rate of $90,000 and a grant of restricted stock units valued at $74,290, which will vest at the 2024 Annual Meeting of Shareholders. Teradyne, which had revenues of $3.2 billion in 2022, specializes in test technology for semiconductors, electronic systems, wireless devices, and robotics, employing over 6,600 people globally.