Cohu, Inc. (NASDAQ:COHU) has announced the appointment of James Donahue as it’s new chairman of the board. Mr. Donahue succeeds Charles Schwan, who has resigned from the board. Mr. Donahue previously served as the company’s president and chief executive officer since 2000. He has also served as a director since 1999, although he has worked with the company for over 38 years.
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The company has also announced the naming of Robert Ciardella to the position of Lead Independent Director. Mr. Ciardella is the cofounder and former president of Asymtek. He first joined the company’s board of directors in 2003. Asymtek is engaged in the design, development, manufacture, and sale of semiconductor and circuit board assembly equipment.
Cohu, Inc. develops, manufactures and sells pick-and-place semiconductor test handlers, burn-in related equipment and thermal sub-systems to semiconductor manufacturers and semiconductor test subcontractors worldwide. The Company has three segments: semiconductor equipment, television cameras and microwave communications. The semiconductor equipment segment develops, manufactures and sells semiconductor test handling, burn-in related equipment and thermal sub-systems. The television camera segment (Electronics Division) designs, manufactures and sells closed circuit television cameras and systems to original equipment manufacturers, contractors, and government agencies. The Company’s microwave communications segment, through Broadcast Microwave Services, Inc. (BMS), designs, manufactures, and sells microwave communications equipment to television broadcasters, equipment manufacturers, and government agencies. On December 9, 2008, the Company acquired Rasco GmbH.
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