Data I/O Announces Appointment of Garrett Larson to the Board of Directors
Data I/O (NASDAQ: DAIO) has announced the appointment of Garrett Larson to its Board of Directors, effective January 23, 2025. Larson, currently a Senior Equity Analyst at Kanen Wealth Management, , brings extensive experience in capital markets and value creation. He has led sector verticals across consumer and technology groups for multi-billion dollar hedge funds, including Kynikos Associates and SPX Capital over the past eight years.
Larson's appointment is expected to contribute to Data I/O's initiatives in operational efficiency, M&A evaluation, and long-term growth strategies. He holds a Bachelor of Science in Finance from Florida State University. The company's President and CEO, William Wentworth, emphasized Larson's investor-focused experience as a valuable addition to the board.
Data I/O (NASDAQ: DAIO) ha annunciato la nomina di Garrett Larson nel suo Consiglio di Amministrazione, a partire dal 23 gennaio 2025. Larson, attualmente Senior Equity Analyst presso Kanen Wealth Management, porta una vasta esperienza nei mercati finanziari e nella creazione di valore. Negli ultimi otto anni, ha guidato settori verticali nei gruppi consumer e tecnologia per hedge funds multi-miliardari, tra cui Kynikos Associates e SPX Capital.
Si prevede che la nomina di Larson contribuirà alle iniziative di Data I/O in materia di efficienza operativa, valutazione di fusioni e acquisizioni e strategie di crescita a lungo termine. Ha conseguito un Bachelor of Science in Finanza presso la Florida State University. Il Presidente e CEO dell’azienda, William Wentworth, ha sottolineato l'esperienza orientata agli investitori di Larson come un'aggiunta preziosa al consiglio.
Data I/O (NASDAQ: DAIO) ha anunciado el nombramiento de Garrett Larson en su Junta Directiva, con efecto a partir del 23 de enero de 2025. Larson, actualmente Analista Senior de Equities en Kanen Wealth Management, aporta una amplia experiencia en los mercados de capitales y en la creación de valor. Ha dirigido verticales sectoriales en grupos de consumo y tecnología para fondos de cobertura multimillonarios, incluyendo Kynikos Associates y SPX Capital durante los últimos ocho años.
Se espera que el nombramiento de Larson contribuya a las iniciativas de Data I/O en eficiencia operativa, evaluación de fusiones y adquisiciones, y estrategias de crecimiento a largo plazo. Tiene una licenciatura en Finanzas de la Universidad Estatal de Florida. El Presidente y CEO de la compañía, William Wentworth, enfatizó la experiencia orientada al inversor de Larson como una valiosa adición a la junta.
Data I/O (NASDAQ: DAIO)는 Garrett Larson을 이사회의 임원으로 임명했다고 발표했습니다. 임명일은 2025년 1월 23일입니다. Larson은 현재 Kanen Wealth Management의 수석 주식 분석가로서 자본 시장과 가치 창출에 대한 광범위한 경험을 가지고 있습니다. 그는 지난 8년 동안 Kynikos Associates 및 SPX Capital과 같은 여러 억 달러 규모의 헤지 펀드에서 소비자 및 기술 그룹의 부문 수직을 이끌었습니다.
Larson의 임명은 Data I/O의 운영 효율성, 인수 합병 평가 및 장기 성장 전략에 기여할 것으로 예상됩니다. 그는 플로리다 주립대학교에서 금융학 학사 학위를 받았습니다. 회사의 회장 겸 CEO인 William Wentworth는 Larson의 투자자 중심의 경험이 이사회에 귀중한 자산이 될 것이라고 강조했습니다.
Data I/O (NASDAQ: DAIO) a annoncé la nomination de Garrett Larson au sein de son conseil d'administration, à compter du 23 janvier 2025. Larson, actuellement analyste senior en actions chez Kanen Wealth Management, apporte une vaste expérience dans les marchés de capitaux et la création de valeur. Au cours des huit dernières années, il a dirigé des secteurs verticaux au sein des groupes de consommation et de technologie pour des fonds spéculatifs de plusieurs milliards de dollars, dont Kynikos Associates et SPX Capital.
La nomination de Larson devrait contribuer aux initiatives de Data I/O en matière d'efficacité opérationnelle, d'évaluation des fusions et acquisitions, et de stratégies de croissance à long terme. Il est titulaire d'un Bachelor of Science en finance de la Florida State University. Le président et PDG de l'entreprise, William Wentworth, a souligné l'expérience orientée vers les investisseurs de Larson comme un ajout précieux au conseil.
Data I/O (NASDAQ: DAIO) hat die Ernennung von Garrett Larson in seinen Vorstand bekannt gegeben, mit Wirkung zum 23. Januar 2025. Larson, der derzeit als Senior Equity Analyst bei Kanen Wealth Management arbeitet, bringt umfangreiche Erfahrung in den Kapitalmärkten und der Wertschöpfung mit. In den letzten acht Jahren leitete er Sektorvertikalen in den Bereichen Konsumgüter und Technologie für milliardenschwere Hedgefonds, darunter Kynikos Associates und SPX Capital.
Larsons Ernennung wird voraussichtlich zu den Initiativen von Data I/O in Bezug auf operative Effizienz, M&A-Bewertung und langfristige Wachstumsstrategien beitragen. Er hat einen Bachelor of Science in Finanzen von der Florida State University erworben. Der Präsident und CEO des Unternehmens, William Wentworth, betonte Larsons investorenorientierte Erfahrung als wertvolle Bereicherung für den Vorstand.
- Addition of board member with extensive capital markets experience
- Strategic expertise in M&A evaluation and operational efficiency
- Brings institutional investor perspective to board decisions
- None.
Mr. Larson has extensive experience in capital markets and value creation, with a proven track record in equity analysis and strategic decision-making. Over the past eight years, Mr. Larson has successfully led sector verticals across consumer and technology groups for various multi-billion dollar hedge funds, including Kynikos Associates and SPX Capital. Currently serving as a Senior Equity Analyst at Kanen Wealth Management, LLC, Mr. Larson has an extensive track record of creating value and providing valuable insights to its portfolio companies. His deep understanding of financial markets and strategic acumen will be invaluable in guiding Data I/O’s initiatives to enhance operational efficiency, evaluate potential M&A, and drive long-term growth. Mr. Larson has a Bachelor of Science in Finance from Florida State University.
“We are thrilled to have Garrett Larson join the Data I/O Board of Directors,” said William Wentworth, President and CEO of Data I/O Corporation. “Garrett will bring a significant amount of experience to the board with an investor focus.”
About Data I/O Corporation
Since 1972, Data I/O has developed innovative solutions to enable the design and manufacture of electronic products for automotive, Internet-of-Things, medical, wireless, consumer electronics, industrial controls and other electronics devices. Today, our customers use Data I/O’s data provisioning solutions to manage device intellectual property from point of inception to deployment in the field. OEMs of any size can program and securely provision devices from early samples all the way to high volume production prior to shipping semiconductor devices to a manufacturing line. Data I/O enables customers to reliably, securely, and cost-effectively bring innovative new products to life. These solutions are backed by a portfolio of patents and a global network of Data I/O support and service professionals, ensuring success for our customers. Learn more at dataio.com/Company/Patents.
Learn more at dataio.com
Forward Looking Statement and Non-GAAP financial measures
Statements in this news release concerning economic outlook, expected revenue, expected margins, expected savings, expected results, expected expenses, orders, deliveries, backlog and financial positions, semiconductor chip shortages, supply chain expectations, as well as any other statement that may be construed as a prediction of future performance or events are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause actual results to differ materially from those expressed or implied by such statements.
Forward-looking statement disclaimers also apply to the demand for the Company’s products and the impact from geopolitical conditions including any related international trade restrictions. These factors include uncertainties as to the ability to record revenues based upon the timing of product deliveries, shipping availability, installations and acceptance, accrual of expenses, coronavirus related business interruptions, changes in economic conditions, part shortages and other risks including those described in the Company’s filings on Forms 10-K and 10-Q with the Securities and Exchange Commission (SEC), press releases and other communications.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250127607512/en/
Gerald Y. Ng
Vice President & Chief Financial Officer
Data I/O Corporation
6645 185th Ave. NE, Suite 100
Darrow Associates, Inc.
Jordan Darrow
(512) 551-9296
jdarrow@darrowir.com
Source: Data I/O Corporation
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