Business Context and Reporting Period
This Form 8-K Current Report was filed by Cohu, Inc. on December 8, 2011. The filing reports a corporate governance event regarding the Board of Directors.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
- Board Election: On December 8, 2011, the Board of Directors elected William E. Bendush as a Class 1 Director.
- Committee Assignments: Mr. Bendush was appointed to the Audit and Compensation Committees.
- Independence: The Board determined Mr. Bendush satisfies independence requirements under Corporate Governance Guidelines and NASDAQ listing standards.
- Compensation: As a non-employee director, Mr. Bendush will be compensated per the program described in the Proxy Statement filed on April 5, 2011.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on operations, or discussion of risks and contingencies. It confirms there were no undisclosed arrangements or related transactions requiring disclosure under Item 404(a) of Regulation S-K.
Investor Verification Checklist
- Verify the full text of the press release attached as Exhibit 99.1 for additional biographical details on William E. Bendush.
- Review the Proxy Statement filed on April 5, 2011, to confirm the specific director compensation program applicable to Mr. Bendush.
- Confirm the date of the 2014 annual meeting of stockholders where Mr. Bendush will stand for election.