The Teradyne Board of Directors on November 15, 2022 named Gregory Smith to succeed Mark E. Jagiela as CEO effective February 1, 2023. Mr. Smith will join the Board of Directors on the same date. Mr. Smith is currently the Company's President and a sixteen year veteran of Teradyne.

Prior to his promotion to Company President earlier in 2022, he held a variety of management roles until his appointment in 2016 as President of the Semiconductor Test Division, the company's large operating unit. In 2020, Greg became President of Teradyne's newly created Industrial Automation Group to further the company's leadership in the emerging markets for collaborative robots and autonomous mobile robots.