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An announcement from Cognex ( (CGNX) ) is now available.
On February 20, 2025, Cognex Corporation appointed Matthew Moschner as the new President and Chief Operating Officer, succeeding Robert Willett in the presidential role. This leadership change involves Mr. Moschner overseeing global engineering, products, sales, and operations, after successfully managing key roles and integrations, including the significant acquisition of Moritex in 2023. Alongside this appointment, the Cognex Board amended its by-laws to allow the roles of CEO and President to be held by separate individuals, marking a strategic shift in its executive structure.
More about Cognex
Cognex Corporation operates in the industrial technology sector, focusing on producing machine vision systems, sensors, and barcode readers to improve manufacturing efficiency. The company’s market focus is primarily on automation and enhancing production lines.
YTD Price Performance: -5.77%
Average Trading Volume: 1,259,883
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.61B
Learn more about CGNX stock on TipRanks’ Stock Analysis page.