Teradyne Inc. Announces CFO Transition Amidst Growth Opportunities

Teradyne, Inc. (NASDAQ: TER), a renowned leader in automated test equipment and advanced robotics, has officially announced a significant change in its executive leadership. Effective November 3, 2025, Michelle Turner will take over as Chief Financial Officer (CFO), succeeding Sanjay Mehta, who has held the position since 2019. This transition comes at a pivotal moment for the company as it prepares to expand its capacity in response to skyrocketing demand in the semiconductor testing sector.

Sanjay Mehta, who will remain with the company as an executive advisor to support ongoing capacity expansion initiatives, is set to retire in 2026. His leadership over the past six years has been integral in steering Teradyne through various market challenges and opportunities. “I want to thank Sanjay for his excellent leadership and contributions over the past six years,” said Greg Smith, President and CEO of Teradyne. “I’m glad that we will have the benefit of his guidance as we expand capacity in 2026.”

Michelle Turner steps into the CFO role with an impressive background, boasting over three decades of financial and strategic leadership experience across diverse industries, including technology and manufacturing. She is recognized for her proven track record in driving growth, disciplined capital allocation, and enhancing operational efficiency. Prior to joining Teradyne, Turner served as CFO for L3Harris Technologies, a defense technology powerhouse, and has held senior financial management roles at companies such as Johnson & Johnson, BHP Billiton, Raytheon, and Honeywell.

“I am thrilled to join the company during such an exciting time of growth and strategic opportunity,” Ms. Turner stated. Her enthusiasm about leading the finance organization reflects her commitment to building upon Teradyne's existing successes and driving long-term shareholder returns.

The leadership changes come against a backdrop of accelerating demand in the sectors that Teradyne serves, particularly driven by advancements in artificial intelligence (AI), semiconductors, and industrial automation. The company’s ability to align its leadership structure with these emerging opportunities is seen as vital for executing its strategic objectives with agility and focus.

As Teradyne prepares for a new chapter under Michelle Turner’s financial stewardship, the company is well-positioned to navigate the evolving landscape of technology and automation. With a strong leadership team and an eye toward future growth, Teradyne is set to capitalize on the burgeoning demand within the semiconductor testing market, promising exciting times ahead for both the company and its shareholders.

For more information about Teradyne and its innovative solutions, visit teradyne.com.