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Cognex Corporation Unveils New Executive Team for Strategic Innovation and Growth

Cognex Corporation, a global leader in industrial machine vision, has announced the formation of a new executive leadership team aimed at steering the company toward its ambitious growth and innovation objectives. This strategic change comes under the direction of the new Chief Executive Officer (CEO), Matt Moschner, who has outlined a robust long-term growth strategy during the company's recent Investor Day.

In his vision for the future of Cognex, Moschner has clearly defined three key priorities that will guide the organization's direction:
1. AI Leadership: To emerge as the premier provider of AI technology for industrial machine vision applications.
2. Customer Centricity: To deliver an unparalleled customer experience across the industry.
3. Market Expansion: To double its served customer base over the next five years.

To realize these goals, Moschner has assembled a dynamic and experienced leadership team sourced from Cognex's existing talent pool, marking a significant step in leveraging the company’s internal capabilities. New roles have also been introduced, all reporting directly to the CEO, which is designed to sharpen focus and accelerate execution on the strategic priorities set forth by the company.

Key Leadership Appointments

• - Carl Gerst has been appointed Executive Vice President for Global Sales and Products, where he will lead sales initiatives and product strategies.
• - Dennis Fehr continues as Chief Financial Officer, expanding his responsibilities to include corporate strategy and mergers and acquisition activities.
• - Sheila DiPalma takes on the role of Executive Vice President of Employee Services and Chief Culture Officer, focusing on employee engagement and organizational culture.
• - Reto Wyss, in the position of Vice President for Vision Engineering, will oversee the engineering of vision tools and work towards seamlessly integrating advanced AI into the product line.
• - Shirin Saleem, as the Vice President of Software Engineering, will lead the software development teams to enhance Cognex's software offerings and create a cohesive product ecosystem.
• - Richard Reuter, serving as Senior Director of Hardware Engineering, will manage all hardware engineering, particularly in developing next-generation AI-capable vision systems.
• - Mike Bowdoin, Vice President of Operations, will ensure the quality of global operations and the supply chain, aiming to achieve market-leading delivery speed.
• - Darren Long, as Vice President of Customer Success, will be accountable for technical support and services, ensuring customers receive consistent and reliable service.
• - Mark Fennell, the Chief Legal Officer, will manage legal matters, including corporate governance and intellectual property management.

"With this exceptional team in place, we can execute quickly, precisely, and in an innovative manner," stated Moschner. "Together, we are set to drive Cognex's profitable growth agenda, enhance value for our customers, and invest boldly to maintain our leadership in industrial machine vision technology."

Cognex has been at the forefront of machine vision technology for over 40 years, assisting manufacturing and distribution companies in advancing automation efforts to enhance efficiency and productivity. Their innovative solutions in vision sensors and systems have resolved significant challenges across various sectors, from automotive to consumer electronics and packaged goods. By leveraging AI, Cognex aims to make operational excellence more achievable, allowing factories and warehouses to boost quality and efficiency without requiring extensive technical skills.

Cognex is headquartered near Boston and operates in over 30 countries, serving a customer base exceeding 30,000 businesses worldwide. To learn more about Cognex and its revolutionary vision technology, visit cognex.com.