tiprankstipranks
Advertisement
Advertisement

inTEST appoints Rich Rogoff as new CEO

Story Highlights
  • InTest CEO Nick Grant stepped down March 31, 2026, after a five-year tenure, receiving contractually defined severance and leaving a larger, more diversified company.
  • The board promoted insider Rich Rogoff to CEO and director, aligning leadership with a strategy to scale InTest, drive operating efficiency and boost growth and profitability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
inTEST appoints Rich Rogoff as new CEO

Claim 30% Off TipRanks

inTEST ( (INTT) ) has provided an announcement.

InTest Corporation announced a leadership transition effective March 31, 2026, as Richard N. (Nick) Grant Jr. stepped down as president, chief executive officer and board director, with the company stressing his departure was in line with his 2020 offer letter and not the result of any dispute over operations or policies. Grant became eligible for 12 months of base-salary severance under customary conditions tied to a confidential separation agreement, closing a five-year tenure during which the board credited him with significantly enlarging and diversifying the business.

On March 31, 2026, the board appointed 59‑year‑old Richard (Rich) Rogoff as president, CEO and director, and the company publicly announced the move on April 1, 2026, highlighting a search that weighed internal and external candidates to drive its scale and operating leverage agenda. Rogoff, previously vice president of corporate development and later division president of Environmental Technologies, has led key acquisitions, integration efforts and the Penang Center of Excellence and will receive performance‑based pay including a $375,000 base salary, a 2026 bonus target of 65% of salary and stock options tied to the company’s share‑price performance over a three‑year period.

Chairman Joe Dews framed the transition as part of a broader strategy to boost growth and profitability, citing the Operating Efficiency Committee formed in April 2025 and overseen by vice chairman Jeff Beck as an important mechanism to improve margins. The promotion of an insider with deep knowledge of InTest’s portfolio and M&A execution signals continuity for customers and investors while emphasizing a push to scale operations, realize operating leverage and enhance shareholder value across the company’s diversified end markets.

The most recent analyst rating on (INTT) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on inTEST stock, see the INTT Stock Forecast page.

Spark’s Take on INTT Stock

According to Spark, TipRanks’ AI Analyst, INTT is a Neutral.

The score is driven primarily by mixed financial performance (losses and weaker TTM trends offset by a strong balance sheet and still-positive cash flow). Technicals are supportive but overbought, while the latest earnings call improves the outlook with constructive 2026 guidance and stronger backlog. Valuation is a drag due to the negative P/E and no dividend support.

To see Spark’s full report on INTT stock, click here.

More about inTEST

InTest Corporation is a global supplier of test and process technology solutions used in manufacturing and testing across the semiconductor front-end and back-end, Automotive/EV, Defense/Aerospace, Industrial, Life Sciences and Safety/Security markets. The company applies its thermal, mechanical and electronic engineering expertise to solve complex challenges for customers worldwide while pursuing growth organically and through acquisitions and geographic expansion.

InTest’s portfolio spans innovative thermal and process systems that support critical production and quality assurance workflows for marquee customers in diversified end markets. Backed by a culture of operational excellence and strong cash generation, the company seeks to deepen customer penetration, broaden its technology stack and extend its international footprint, including initiatives such as its Center of Excellence in Penang, Malaysia.

Average Trading Volume: 101,293

Technical Sentiment Signal: Buy

Current Market Cap: $179.2M

Learn more about INTT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1