Data I/O Corporation (NASDAQ: DAIO), the leading global provider of data programming and security provisioning solutions for flash, flash-memory based intelligent devices and microcontrollers, announced changes to its Board of Directors intended to strengthen its leadership as the Company focuses on market expansion.
Edward Smith, who has served on the Data I/O Board of Directors since 2022, has been appointed Chair of the Board. Steven Waszak has joined the Board of Directors of Data I/O effective December 3.
Sally Washlow will remain on the Board and assumes the position of independent director and Chair of the Compensation Committee. The appointments announced today increase the size of the Board from five to six members, and increase the number of independent directors on the Board from four to five.
Smith was appointed a director of Data I/O effective February 23, 2022. Currently he is serving as the Executive Chairman of the Board of SMTC Corporation. Previously he served as the President and Chief Executive Officer of SMTC Corporation from 2017 until May 2024.
He served as President of Avnet Inc. for seven years and held various other senior positions since 1994. Smith served as President and Chief Executive Officer of SMTEK International Inc. from 2002 to 2004, a tier II manufacturer in the EMS industry.
DAIO shares closed Wednesday at $2.80.
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