– USA, MA – Cognex Corporation (NASDAQ: CGNX) today announced the appointment of Angelos Papadimitriou to its Board of Directors, effective on February 17, 2023.
“We are excited for Angelos to join our board. His executive leadership experience, expertise in packaging machinery and industrial automation industries and European and international markets, and experience as an institutional investor will be valuable assets to Cognex. We look forward to his insight and guidance,” said Board Chairman, Anthony Sun.
Angelos Papadimitriou will also join the Audit Committee.
The company also announced the retirements of Theodor Krantz and Patrick Alias from its Board of Directors, effective May 3, 2023.
About Angelos Papadimitriou
Angelos Papadimitriou, 56, currently serves as Chairman of the Board of Directors of Athena Ventures, an early-stage venture fund. From August 2020 to February 2021, Mr. Papadimitriou was the Co-CEO of Pirelli & C. S.p.A., a public company listed on the Milan Stock Exchange. Mr. Papadimitriou previously led Coesia S.p.A., a group of global industrial and packaging solutions companies as CEO for ten years. Before that, Mr. Papadimitriou spent over fifteen years in the pharmaceutical industry, including as SVP for Italy and Southeast Europe at GlaxoSmithKline.
Mr. Papadimitriou currently serves as a director of Humanitas, a privately-held network of teaching and research hospitals, and Dompé Farmaceutici S.p.A., a privately-held biopharmaceutical company.
Mr. Papadimitriou holds an MBA from Harvard Business School and a Bachelor of Arts in Computer Science and Business Economics from Brown University.
About Cognex
Cognex Corporation invents and commercializes technologies that address some of the most critical manufacturing and distribution challenges. We are a leading global provider of machine vision products and solutions that improve efficiency and quality in high-growth potential businesses across attractive industrial end markets. Our solutions blend physical products and software to capture and analyze visual information, allowing for the automation of manufacturing and distribution tasks for customers worldwide. Machine vision products are used to automate the manufacturing, distribution, and tracking of discrete items, such as mobile phones, electric vehicle batteries, and e-commerce packages, by locating, identifying, inspecting, and measuring them. Machine vision is vital for applications in which human vision is inadequate to meet requirements for size, accuracy, or speed, or in instances where substantial cost savings or quality improvements are maintained.
Cognex is the world’s leader in the machine vision industry, having shipped over 4 million image-based products, representing over $10 billion in cumulative revenue, since the company’s founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has offices and distributors located throughout the Americas, Europe, and Asia.
For more information: https://www.cognex.com/
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