Business Context and Reporting Period
This Form 8-K Current Report was filed by Cohu, Inc. on May 30, 2017. The filing reports significant changes in the company's executive leadership structure, specifically the departure of a senior officer and the appointment of a new executive to multiple key roles.
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 corporate governance and personnel changes rather than financial performance data.
Material Changes
- Departure: John H. Allen, Vice President Administration, notified the company on May 30, 2017, of his intention to retire on July 28, 2017. Mr. Allen joined Cohu in 1995 and previously served as Vice President of Finance and CFO until November 2007.
- Appointment: Thomas D. Kampfer was appointed on May 30, 2017, to the positions of Vice President Corporate Development, General Counsel, and Secretary.
Management Commentary and Background
Mr. Kampfer brings extensive experience to his new roles. His recent background includes serving as Executive Vice President and CFO of Multi-Fineline Electronix, Inc. (June 2015–May 2017) and President of CohuHD (February 2012–June 2015). He also holds prior executive experience with Iomega Corporation, Proxima Corporation, and IBM Corporation. He holds a B.S. in Industrial Engineering from Purdue University and a J.D. from Georgetown University Law Center.
Investor Verification Checklist
- Verify the effective date of John H. Allen's retirement (July 28, 2017) and any interim arrangements for the Vice President Administration role.
- Confirm the scope of responsibilities for Thomas D. Kampfer in his new triple-hatted role (Corporate Development, General Counsel, Secretary).
- Review subsequent filings to determine if a new CFO or Vice President of Finance has been appointed, as the current CFO (Jeffrey D. Jones) signed this report but no new CFO was named in this specific filing.