Cohu Appoints Yon Jorden to its Board of Directors

Rhea-AI Summary

Cohu, Inc. (NASDAQ: COHU) has appointed Yon Yoon Jorden to its Board of Directors, effective immediately. Ms. Jorden is set to serve on the Audit Committee, bringing significant experience as a CFO in public companies across technology, manufacturing, and healthcare. Her notable previous roles include CFO positions at AdvancePCS and Informix Corp. Cohu's Chairperson, James A. Donahue, expressed confidence in Ms. Jorden's financial expertise and leadership, emphasizing her extensive experience in public company governance.

Positive

• Yon Yoon Jorden's appointment is expected to enhance Cohu's Board with her extensive financial expertise.
• Her leadership experience in public companies could provide valuable insights for Cohu's strategic direction.

Negative

• Concerns may arise regarding continuity and experience gaps as new board members are integrated.

Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today announced that Yon Yoon Jorden has been appointed to the Cohu Board of Directors, effective today. Ms. Jorden will also serve on the Audit Committee.

Ms. Jorden brings to Cohu’s Board of Directors extensive experience as a Chief Financial Officer and board member of public corporations in technology, manufacturing and healthcare industries. Ms. Jorden is also a board leadership fellow of the National Association of Corporate Directors. During her impressive business career, Ms. Jorden held CFO positions in four publicly traded companies, most recently with AdvancePCS, and previously with Informix Corp., Oxford Health Plans, Inc., and WellPoint, Inc.

Ms. Jorden serves as a director for Capstone Turbine Corp. (NASDAQ: CPST) and the Methodist Health System. Previously, she served as a director for Maxwell Technologies, Magnetek, Inc., U.S. Oncology, and BioScrip, Inc.

“We are pleased to add Yon to Cohu’s Board of Directors. She brings a wealth of financial expertise, leadership, and broad perspective across several industries. We look forward to drawing upon her extensive public company board and audit committee experience,” said James A. Donahue, Chairperson of the Board.

About Cohu:

Cohu (NASDAQ: COHU) is a global leader in back-end semiconductor equipment and services, delivering leading-edge solutions for the manufacturing of semiconductors and printed circuit boards. Additional information can be found at www.cohu.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210510005117/en/

FAQ

Who has been appointed to the Cohu Board of Directors?

Yon Yoon Jorden has been appointed to the Cohu Board of Directors, effective immediately.

What position will Yon Yoon Jorden hold on the board?

Yon Yoon Jorden will serve on the Audit Committee of Cohu.

What is Yon Yoon Jorden's background?

Ms. Jorden has extensive experience as a CFO in public corporations within the technology, manufacturing, and healthcare sectors.

How is Cohu's leadership responding to the new appointment?

James A. Donahue, Cohu's Chairperson, expressed pleasure in adding Ms. Jorden, citing her wealth of financial expertise.

What potential impact could Ms. Jorden's appointment have on Cohu?

Her extensive public company board experience may enhance Cohu's strategic governance and financial oversight.