Cognex Corporation announced the appointment of Dr. Sami Atiya and Mr. Chris Donato as directors effective March 2, 2026, with Dr. Atiya joining the Nominating, Governance and Sustainability Committee and Mr. Donato joining the Compensation Committee. Concurrently, Robert Willett and Dr. Dianne Parrotte will retire from the Board effective the same date.
Key takeaways
Board appointed Dr. Sami Atiya (age 62) and Mr. Chris Donato (age 60) effective March 2, 2026
Dr. Atiya term expires at 2028 annual meeting; Mr. Donato term expires at 2026 annual meeting
Each receives $50,000 annual cash retainer; Dr. Atiya additional $5,000 for committee; Mr. Donato additional $8,000
Initial equity award of RSUs valued at approximately $275,000, vesting after one year under 2023 Stock Option and Incentive Plan
Robert Willett (former CEO) and Dr. Dianne Parrotte retire from Board effective March 2, 2026
No related-person transactions or arrangements disclosed