POWAY, Calif.--(BUSINESS WIRE)--Oct. 7, 2014--
Cohu, Inc. (NASDAQ: COHU) today announced that its Board of Directors
appointed Luis A. Mϋller as President and Chief Executive Officer (CEO)
effective December 28, 2014, succeeding James A. Donahue who will retire
as the Company’s President and CEO and become Executive Chairman of the
Board of Directors on that date. Mr. Donahue is a 36-year veteran of
Cohu and has been President and CEO since 2000. Mr. Müller was also
elected to the Board of Directors, effective December 28, 2014.
Mr. Mϋller has eighteen years experience in the semiconductor equipment
industry, including as President of Cohu’s Semiconductor Equipment Group
(SEG) since January, 2011. Previously, he was Managing Director of SEG’s
Rasco GmbH business unit in Germany from 2009 to 2010 and Vice President
of SEG’s high speed pick and place handler products. Prior to joining
Cohu in 2005, Mr. Mϋller spent nine years at Teradyne, where he held
management positions in engineering and business development. He earned
his PhD in Mechanical Engineering at the Massachusetts Institute of
Technology (MIT).
“Luis has done an outstanding job in every position he has held at
Cohu,” said James Donahue. “He has been instrumental in the effective
integration of our acquisitions and in growing Cohu to be the market
leader in semiconductor test handling. We are fortunate to have an
executive of his caliber ready to lead Cohu as our next CEO.”
“Cohu’s history of innovation and customer focus has made us the leader
in the IC test handler industry,” said Luis Müller. “I’m excited to
build on that history and lead the incredibly talented team of Cohu
employees to grow our business.”
“Under Jim’s leadership, Cohu’s semiconductor equipment business has
grown from $4 million to over $300 million and we’ve become the market
leader in the semiconductor test handler industry,” said Cohu’s Lead
Independent Director, Robert L. Ciardella. “On behalf of the Cohu board,
I want to thank Jim for his many accomplishments as CEO and we are
fortunate that he will continue to contribute as Executive Chairman.”
About Cohu:
Cohu is a leading supplier of semiconductor test and inspection
handlers, micro-electro mechanical system (MEMS) test modules, test
contactors and thermal sub-systems used by global semiconductor
manufacturers and test subcontractors as well as a supplier of mobile
microwave communications equipment.
For press releases and other information of interest to investors,
please visit Cohu’s website at www.cohu.com.
Source: Cohu, Inc.
Cohu, Inc.
Jeffrey D. Jones – Investor Relations
(858) 848-8106