On Wednesday, Teradyne (TER) announced that it had tapped its current president Mark E. Jagiela as its new CEO.
Jagiela, who has worked at the producer of electronics and semiconductor testing equipment for 31 years, will succeed outgoing CEO Michael A. Bradley, who is retiring. The new CEO will take Teradyne’s reins on January 31, 2014.
Bradley will remain with Teradyne as a director after his steps down as CEO.
Shares of Teradyne fell modestly in Thursday morning trading.
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