TER · Nasdaq

Teradyne

Semiconductor Materials & Equipment · North Reading, Massachusetts · founded 1960

Board members
9
CEO
Gregory Stephen Smith
Insider buys, 12 mo
$0
Insider sales, 12 mo
$15.9M

Board of directors (9)

Directors with a Section 16 filing in the last 13 months. “Since” is the first filing as a director; SEC data sets start in 2016.

Gregory Stephen Smith
President and CEOsince Jan 2024
Mercedes Johnson
Directorsince May 2016+2 S&P boards
Paul J. Tufano
Directorsince May 2016
Marilyn Matz
Directorsince Jul 2017
Peter Herweck
Directorsince Nov 2020
Ernest E. Maddock
Directorsince Nov 2022
Bridget A. Van Kralingen
Directorsince Jan 2024+1 S&P board
Necip Sayiner
Directorsince Jul 2025+1 S&P board
Andrew Chisholm Henry
Directorsince Jul 2025

Executive officers (5)

Gregory Stephen Smith
President and CEOsince 2016 or earlier
Ryan Driscoll
VP, General Counsel, Secretarysince Feb 2024
Regan Mills
President, Product Testsince May 2025
Shannon John Poulin
President, Semiconductor Testsince May 2025
Jean Pierre Hathout
President, Teradyne Roboticssince Sep 2025

Company facts

Chair
—
In S&P 500 since
Sep 2020
Incorporated in
MA
Fiscal year ends
December
SEC industry
Instruments For Meas & Testing of Electricity & Elec Signals
SEC filings
EDGAR

Connections to other S&P 500 companies

Current directors and officers who also hold a role at another S&P 500 company.

Major holders (5% or more)

Latest Schedule 13D/13G filing per holder. Holders that reported falling below 5% are not shown. Index funds usually report once a year.

No 5% holder filings parsed yet for this company.

Insider trades

Open-market purchases and sales reported on Form 4. Grants, option exercises and tax withholding are excluded.

Buys, 12 mo
$0
0 trades · 0 insiders
Sales, 12 mo
$15.9M
34 trades · 6 insiders
Net, 12 mo
-$15.9M
Data through
Nov 2, 2026
latest trade shown
DateInsiderTypeSharesPriceValue
Nov 2, 2026Mercedes Johnson
Director
Sale166$275.44$46K
Oct 21, 2026Marilyn Matz
Director
Sale400$350.00$140K
Oct 15, 2026Gregory Stephen Smith
President and CEO
Sale4,000$341.28$1.4M
Oct 15, 2026Marilyn Matz
Director
Sale800$341.28$273K
Oct 1, 2026Mercedes Johnson
Director
Sale167$402.90$67K
Sep 17, 2026Marilyn Matz
Director
Sale400$351.11$140K
Sep 15, 2026Gregory Stephen Smith
President and CEO
Sale4,000$337.83$1.4M
Sep 15, 2026Marilyn Matz
Director
Sale800$337.83$270K
Sep 1, 2026Mercedes Johnson
Director
Sale167$341.30$57K
Aug 17, 2026Gregory Stephen Smith
President and CEO
Sale4,000$425.00$1.7M
Aug 17, 2026Marilyn Matz
Director
Sale1,200$425.00$510K
Aug 3, 2026Mercedes Johnson
Director
Sale166$358.15$59K
Jul 15, 2026Gregory Stephen Smith
President and CEO
Sale4,000$356.31$1.4M
Jul 15, 2026Marilyn Matz
Director
Sale1,200$356.31$428K
Jul 1, 2026Mercedes Johnson
Director
Sale167$460.00$77K
Jun 15, 2026Marilyn Matz
Director
Sale1,200$423.03$508K
Jun 15, 2026Gregory Stephen Smith
President and CEO
Sale4,000$423.03$1.7M
Jun 2, 2026Mercedes Johnson
Director
Sale167$369.74$62K
May 22, 2026Shannon John Poulin
President, Semiconductor Test
Sale656$355.00$233K
May 21, 2026Shannon John Poulin
President, Semiconductor Test
Sale1,008$345.37$348K
May 21, 2026Marilyn Matz
Director
Sale400$350.00$140K
May 15, 2026Gregory Stephen Smith
President and CEO
Sale8,597$338.98$2.9M
May 15, 2026Marilyn Matz
Director
Sale800$338.98$271K
May 7, 2026Ryan Driscoll
VP, General Counsel, Secretary
Sale680$377.60$257K
Apr 8, 2026Regan Mills
President, Product Test
Sale16$342.17$5K

Board and executive changes

Every 8-K with Item 5.02 (departure, election or appointment of directors and officers). The text is the first paragraph of the item.

  1. Oct 28, 2025

    On October 28, 2025, Teradyne, Inc. (the “Company” or “Teradyne”) announced that Michelle Turner will succeed Sanjay Mehta as its Vice President, Chief Financial Officer, and Treasurer, effective November 3, 2025 (the “Effective Date”). Ms. Turner will also serve as principal financial officer and principal accounting officer of Teradyne upon the Effective Date. Mr. Mehta will remain with the Company as an executive advisor and his compensation will remain unchanged. In connection with her hiring, the Company and Ms. Turner entered into an offer letter and the Company’s standard Employment Agreement. Ms.

    Read the 8-K filing
  2. Sep 2, 2025

    On August 29, 2025, Ujjwal Kumar’s tenure as Teradyne, Inc.’s (the “Company”) President of Teradyne Robotics ended. Mr. Kumar will remain employed with the Company through September 30, 2025 to transition his responsibilities. In order to obtain a release of claims from Mr. Kumar and to receive the benefit of certain restrictive covenants, the Company and Mr.

    Read the 8-K filing
  3. Jun 26, 2025

    On June 26, 2025, the Board of Directors (the “Board”) of Teradyne, Inc. (“Teradyne”) appointed Necip Sayiner and Drew Henry as directors of Teradyne effective July 1, 2025. The Board also appointed Mr. Sayiner to the Board’s Audit Committee and Mr. Henry to the Board’s Compensation Committee and Nominating and Corporate Governance Committee effective July 1, 2025. The Board has determined that Mr. Sayiner and Mr. Henry are both independent. To be considered independent by the Board, a director must satisfy the definitions pursuant to the Securities Exchange Commission and Nasdaq rules and, in the Board’s judgment, not have a material relationship with Teradyne. Teradyne’s Corporate Governance Guidelines, which include director qualification standards, are available on Teradyne’s web site at www.teradyne.com under the “Governance” section of the “Investor Relations” link. Mr.

    Read the 8-K filing
  4. May 12, 2025

    On May 9, 2025, Teradyne, Inc. (the “Company”) held its 2025 annual meeting of shareholders (the “Annual Meeting”). At the Annual Meeting, the Company’s shareholders approved the Company’s Equity and Cash Compensation Incentive Plan (the “Amended Plan”), which is an amendment and restatement of the Company’s 2006 Equity and Cash Compensation Incentive Plan (the “2006 Plan”). The 2006 Plan was amended and restated to eliminate the term of the 2006 Plan, to provide for a number of compensation governance best practices and to make other clarifying and conforming changes. The Company’s board of directors previously approved the Amended Plan, subject to shareholder approval, on March 24, 2025. The Amended Plan became effective immediately upon shareholder approval at the Annual Meeting.

    Read the 8-K filing
  5. May 12, 2025

    On May 9, 2025, Teradyne, Inc. (the “Company”) held its 2025 annual meeting of shareholders (the “Annual Meeting”). At the Annual Meeting, the Company’s shareholders approved the Company’s Equity and Cash Compensation Incentive Plan (the “Amended Plan”), which is an amendment and restatement of the Company’s 2006 Equity and Cash Compensation Incentive Plan (the “2006 Plan”). The 2006 Plan was amended and restated to eliminate the term of the 2006 Plan, to provide for a number of compensation governance best practices and to make other clarifying and conforming changes. The Company’s board of directors previously approved the Amended Plan, subject to shareholder approval, on March 24, 2025. The Amended Plan became effective immediately upon shareholder approval at the Annual Meeting.

    Read the 8-K filing
  6. Mar 6, 2025

    On March 5, 2025, Richard J. Burns notified Teradyne, Inc. (the “Company”) of his decision to retire as President, Semiconductor Test of the Company effective June 1, 2025.

    Read the 8-K filing
  7. Jan 8, 2025

    On January 2, 2025, Ford Tamer notified the Board of Directors (the “Board”) of Teradyne, Inc. (“Teradyne”) of his decision not to stand for re-election at Teradyne’s next annual meeting of shareholders, expected to be held in May 2025 (the “2025 Annual Meeting”), as a result of recently being appointed as the CEO of Lattice Semiconductor Corporation. The decision by Mr. Tamer was not a result of any disagreement with the Board or management of Teradyne. Mr. Tamer will serve the remainder of his term, which will expire at the 2025 Annual Meeting.

    Read the 8-K filing
  8. Jan 29, 2024

    ” of the Original 8-K to include additional disclosure regarding Charles J. Gray’s compensation arrangements that were not determined or available at the time of the Original 8-K. No other changes are being made to the Original 8-K.

    Read the 8-K filing
  9. Jan 12, 2024

    On January 12, 2024, the Board of Directors (the “Board”) of Teradyne, Inc. (“Teradyne”) elected Bridget A. van Kralingen as a director of Teradyne and appointed her to the Board’s Compensation Committee and Nominating and Corporate Governance Committee. The Board has determined that Ms. van Kralingen is independent. To be considered independent by the Board, a director must satisfy the definitions pursuant to the Securities Exchange Commission and Nasdaq rules and, in the Board’s judgment, not have a material relationship with Teradyne. Teradyne’s Corporate Governance Guidelines, which include director qualification standards, are available on Teradyne’s web site at www.teradyne.com under the “Governance” section of the “Investor Relations” link. Ms. van Kralingen will receive compensation at the rate of $90,000 per year. On January 12, 2024, Ms.

    Read the 8-K filing
  10. Nov 15, 2023

    On November 14, 2023, Teradyne, Inc. (the “Company”) was notified of the decision by Charles J. Gray to retire as Vice President and General Counsel of the Company effective February 1, 2024.

    Read the 8-K filing
  11. Feb 3, 2023

    Retirement of Mark E. Jagiela as Chief Executive Officer As previously disclosed on the Current Report on Form 8-K filed November 16, 2022, Mark E. Jagiela is retiring as Chief Executive Officer of Teradyne, Inc. (“Teradyne” or the “Company”) effective February 1, 2023 (the “Retirement Date”). Mr. Jagiela is also retiring as a member of the Company’s Board of Directors effective February 1, 2023. In connection with the retirement of Mr. Jagiela, Teradyne entered into an agreement on January 31, 2023 with Mark E. Jagiela (the “Retirement Agreement”). The Retirement Agreement supersedes the terms of the Agreement Regarding Termination Benefits dated January 22, 2014 between Mr. Jagiela and the Company under which Mr. Jagiela was entitled to severance compensation, continued benefits and continued vesting of equity for twenty-four months from the date of severance.

    Read the 8-K filing
  12. Nov 16, 2022

    On November 15, 2022, Teradyne, Inc. (the “Company” or “Teradyne”) was notified of the decision by Mark E. Jagiela to retire as Chief Executive Officer of the Company and as a member of the Company’s Board of Directors effective February 1, 2023. On November 15, 2022, the Company appointed Gregory S. Smith the Chief Executive Officer of the Company effective February 1, 2023, replacing Mark E. Jagiela. Mr. Smith also has been appointed to the Company’s Board of Directors effective February 1, 2023. Mr. Smith, 59, joined Teradyne in 2006 and has served as President of the Company since July 2022 and President of the Company’s Industrial Automation Group since 2020. Mr. Smith served as President of the Company’s Semiconductor Test Division from 2016 to 2020. In January 2023, as part of its annual review of executive compensation, the Company’s Board of Directors will review Mr.

    Read the 8-K filing
  13. Nov 4, 2022

    On November 2, 2022, the Board of Directors (the “Board”) of Teradyne, Inc. (“Teradyne”) elected Ernest E. Maddock as a director of Teradyne effective November 14, 2022 and appointed him to the Board’s Audit Committee. The Board has determined that Mr. Maddock is independent. To be considered independent by the Board, a director must satisfy the definitions pursuant to the Securities Exchange Commission and Nasdaq rules and, in the Board’s judgment, not have a material relationship with Teradyne. Teradyne’s Corporate Governance Guidelines, which include director qualification standards, are available on Teradyne’s web site at www.teradyne.com under the “Governance” section of the “Investor Relations” link. Mr. Maddock will receive compensation at the rate of $90,000 per year. On November 14, 2022, Mr.

    Read the 8-K filing
  14. Jun 7, 2022

    On June 3, 2022, Teradyne, Inc. (“Teradyne” or the “Company”) appointed Greg Smith President of the Company effective July 1, 2022. Mark Jagiela will continue as Teradyne’s Chief Executive Officer. Mr. Smith, 59, joined Teradyne in 2006 and has served as President of the Company’s Industrial Automation Group since 2020. Mr. Smith served as President of the Company’s Semiconductor Test Division from 2016 to 2020. In connection with his appointment as President of the Company, effective July 1, 2022, Mr. Smith’s annual base salary will be increased from $540,000 to $750,000, his performance-based variable cash compensation target will be increased from 85% to 100% of his annual base salary, and he will be eligible for the Company’s Cash Profit Sharing Plan.

    Read the 8-K filing
  15. Sep 29, 2021

    On September 27, 2021, the Board of Directors (the “Board”) of Teradyne, Inc. (“Teradyne”) elected Ford Tamer as a director of Teradyne effective November 8, 2021 and appointed him to the Board’s Audit Committee. The Board has determined that Mr. Tamer is independent. To be considered independent by the Board, a director must satisfy the definitions pursuant to the Securities Exchange Commission and Nasdaq rules and, in the Board’s judgment, not have a material relationship with Teradyne. Teradyne’s Corporate Governance Guidelines, which include director qualification standards, are available on Teradyne’s web site at www.teradyne.com under the “Governance” section of the “Investor Relations” link. Mr. Tamer will receive compensation at the rate of $80,000 per year. On November 8, 2021, Mr.

    Read the 8-K filing
Show 8 older changes
  1. May 13, 2021

    Teradyne, Inc. (the “Company”) held its 2021 Annual Meeting of Stockholders on May 7, 2021 (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders approved (i) an amendment to the 1996 Employee Stock Purchase Plan (the “ESPP”) to increase the aggregate number of shares of common stock that may be issued pursuant to the ESPP by 3,000,000 and (ii) the 2006 Equity and Cash Compensation Incentive Plan, as amended (the “Plan”), to modify certain Plan terms as set forth in the Company’s proxy statement filed with the U.S. Securities and Exchange Commission (the “Commission”) on March 26, 2021. The foregoing description of the amendment to the ESPP and Plan is qualified in its entirety by reference to the full text of the ESPP and the Plan, each as amended, which are attached as Exhibits 10.1 and 10.2 hereto, respectively, and are incorporated herein by reference.

    Read the 8-K filing
  2. Nov 12, 2020

    On November 10, 2020, Teradyne, Inc. (‘Teradyne”) announced the retirement of Roy Vallee from Teradyne’s Board of Directors (the “Board”) effective at the 2021 Annual Meeting of Shareholders that is expected to be held in May 2021. Mr. Vallee will continue on the Board and as Board Chair until the 2021 Annual Meeting of Shareholders.

    Read the 8-K filing
  3. Oct 27, 2020

    On October 26, 2020, the Board of Directors (the “Board”) of Teradyne, Inc. (“Teradyne”) elected Peter Herweck as a director of Teradyne effective November 9, 2020 and appointed him to the Board’s Compensation and Nominating and Corporate Governance Committees. The Board has determined that Mr. Herweck is independent. To be considered independent by the Board, a director must satisfy the definitions pursuant to the Securities Exchange Commission and Nasdaq rules and, in the Board’s judgment, not have a material relationship with Teradyne. Teradyne’s Corporate Governance Guidelines, which include director qualification standards, are available on Teradyne’s web site at www.teradyne.com under the “Governance” section of the “Investor Relations” link. Mr. Herweck will receive compensation at the rate of $80,000 per year. On November 9, 2020, Mr.

    Read the 8-K filing
  4. Sep 16, 2020

    On September 15, 2020, Teradyne, Inc. (the “Company” or “Teradyne”) announced the appointment of Gregory Smith as President of Teradyne’s Industrial Automation Group effective October 1, 2020.

    Read the 8-K filing
  5. Jul 18, 2019

    Gregory R. Beecher is retiring as Vice President and Senior Advisor of Teradyne, Inc. (“Teradyne” or the “Company”) effective July 17, 2019 (the “Retirement Date”). As previously announced, Sanjay Mehta succeeded Mr. Beecher as the Company’s Chief Financial Officer effective April 25, 2019. In connection with his retirement, Teradyne entered into an agreement on July 17, 2019 with Gregory R. Beecher (the “Retirement Agreement”). Under the Retirement Agreement, Mr.

    Read the 8-K filing
  6. Apr 4, 2019

    On April 4, 2019, Teradyne, Inc. (the “Company” or “Teradyne”) announced the hiring and appointment of Sanjay Mehta (age 50) as its Vice President and Chief Financial Officer effective April 25, 2019 (the “Start Date”). In connection with his hiring, the Company and Mr. Mehta entered into an offer letter and the Company’s standard Employment Agreement. Mr. Mehta’s offer letter provides for an initial base salary of $500,000 per year and eligibility to receive an annual bonus with a target payout of 75% of his base salary, consistent with the variable compensation program for Teradyne executive officers and subject to the terms and conditions of the Company’s 2006 Equity and Cash Compensation Incentive Plan (base salary and target bonus, collectively, “Model Compensation”). On May 1, 2019, the Company will grant Mr.

    Read the 8-K filing
  7. Jan 24, 2019

    (b) On January 24, 2019, Teradyne, Inc. (the “Company” or “Teradyne”) announced that Gregory R. Beecher plans to retire from the Company. No retirement date has been set. Mr. Beecher will continue in his role as Chief Financial Officer until his successor is appointed, and then remain with the Company during a transition period until his retirement date.

    Read the 8-K filing
  8. Jun 19, 2017

    On June 19, 2017, the Board of Directors (the “Board”) of Teradyne, Inc. (“Teradyne”) elected Marilyn Matz as a director of Teradyne effective July 3, 2017 and appointed her to the Board’s Compensation and Nominating and Corporate Governance Committees. The Board has determined that Ms. Matz is independent. To be considered independent by the Board, a director must satisfy the definitions pursuant to the Securities Exchange Commission and New York Stock Exchange rules, meet the standards regarding director independence adopted by Teradyne, and, in the Board’s judgment, not have a material relationship with Teradyne. Teradyne’s standards for determining independence are available on Teradyne’s web site at www.teradyne.com under the “Corporate Governance” section of the “Investors” link. Ms. Matz will receive compensation at the rate of $70,000 per year. On July 3, 2017, Ms.

    Read the 8-K filing

Proxy statements (DEF 14A): 2026 · 2025 · 2024 · 2023 · 2022 · 2021

Share price

$218.22+1042% since 2016 board/officer change filed
40.1523342720172019202120232025

Annual financials

From the company's 10-K XBRL data (SEC companyfacts).

Fiscal yearRevenueNet incomeMarginDiluted EPSTotal assets
FY2025$3.2B$554.0M17.4%$3.47$4.2B
FY2024$2.8B$542.4M19.2%$3.32$3.7B
FY2023$2.7B$448.8M16.8%$2.73$3.5B
FY2022$3.2B$715.5M22.7%$4.22$3.5B
FY2021$3.7B$1.0B27.4%$5.53$3.8B
FY2020$3.1B$784.1M25.1%$4.28$3.7B
FY2019$2.3B$467.5M20.4%$2.60$2.8B
FY2018$2.1B$451.8M21.5%$2.35$2.7B

Former directors and officers (17)

People who stopped filing as an insider of this company. “Last filing” is the last Form 3/4/5, an upper bound on when they left.

Show the list
Michelle L. Turner
Chief Financial OfficerNov 2025 – Nov 2026
Ujjwal Kumar
President, Teradyne RoboticsAug 2023 – Aug 2025
Sanjay Mehta
VP and Chief Financial OfficerMay 2019 – Feb 2025
Richard John Burns
President, Semiconductor TestOct 2020 – Feb 2025
John Francis Wood
President, System Test GroupNov 2023 – Feb 2025
John Lukez
President, LitePoint Corp.Sep 2024 – Feb 2025
Ford Tamer
DirectorNov 2021 – May 2024
Timothy E. Guertin
DirectorMay 2016 – Mar 2024
Charles Jeffrey Gray
VP, General Counsel, Secretary2016 or earlier – Jan 2024
Brad Robbins
President, LitePoint Corp.2016 or earlier – Jan 2024
Edwin J. Gillis
DirectorMay 2016 – Mar 2023
Mark E. Jagiela
CEO2016 or earlier – Jan 2023
Walter G. Vahey
Exec. VP, Corp. Development2016 or earlier – Feb 2022
Michael A. Bradley
Director2016 or earlier – Dec 2021
Roy Vallee
DirectorMay 2016 – Nov 2020
Gregory R. Beecher
VP and CFO2016 or earlier – Apr 2019
Daniel W. Christman
DirectorMay 2016 – May 2017
Teradyne (TER) board, executives and insiders | USBoard