Data I/O Corporation announced changes to its Board of Directors aimed at strengthening leadership as the company focuses on market expansion.
Edward Smith appointed Chair of the Board, Steven Waszak appointed as Independent Director.
Sally Washlow remains on the Board and assumes the role of independent director and Chair of the Compensation Committee.
Edward Smith Appointed Chair of the Board
Edward Smith, with extensive experience in the electronic manufacturing services industry, has been appointed as the new Chair of Data I/O's Board of Directors.
Steven Waszak Appointed Independent Director
Steven Waszak, a seasoned technology executive and Chief Financial Officer of SMTC Corporation, joins Data I/O's Board to enhance financial expertise and drive growth.
Board Expansion and Independence
The recent appointments increase the size of Data I/O's Board to six members, with five independent directors, reflecting a commitment to diverse leadership and governance.
- The addition of Edward Smith and Steven Waszak to Data I/O's Board brings diverse expertise in electronic manufacturing, finance, and strategic development, positioning the company for strategic growth and enhanced governance.
- This move underscores Data I/O's commitment to strengthening its leadership team and governance structure to drive innovation and further its expansion initiatives.
The appointment of Edward Smith as Chair of the Board and Steven Waszak as Independent Director marks a significant step in fortifying Data I/O's leadership team. The company is poised to benefit from their substantial industry experience and strategic insights as it continues to pursue growth opportunities.