Cognex Names Paul Todgham as CFO

2/13/20

Paul Todgham

NATICK, Mass.--(BUSINESS WIRE)--Cognex Corporation (NASDAQ: CGNX), a leader in industrial machine vision, today announced the appointment of Paul Todgham as Senior Vice President of Finance and Chief Financial Officer, effective March 9, 2020. In this role, Mr. Todgham will lead Cognex’s global finance and administration organization. He will be based in the company’s Natick headquarters and will report to Cognex’s President and CEO, Robert J. Willett.

“Paul has extensive experience leading financial, strategic and operational planning for a range of large-scale businesses,” said Robert J. Willett, President and CEO of Cognex. “He will be a great partner as we prepare Cognex for its next phase of growth and long-term value creation.”

Most recently, Mr. Todgham spent six years at Levi Strauss & Company (NYSE: LEVI), where he served in a range of senior leadership positions, including leading finance for the company’s Global Supply Chain, Distribution, Merchandising, Planning, Design and Marketing teams. Prior to his time at LS&Co., Mr. Todgham was Vice President of Finance for Ross Stores, Inc. (NASDAQ: ROST) where he led FP&A, Treasury and merchandise finance. Earlier in his career, he worked at Boston Consulting Group, advising clients in the technology and consumer sectors on issues of strategy, operations and organization. Mr. Todgham holds an MBA from Stanford University, an MPhil in Economics from the University of Cambridge, and a BA from Harvard University.

About Cognex Corporation

Cognex Corporation designs, develops, manufactures and markets a wide range of image-based products, all of which use artificial intelligence (AI) techniques that give them the human-like ability to make decisions on what they see. Cognex products include machine vision systems, machine vision sensors and barcode readers that are used in factories and distribution centers around the world where they eliminate production and shipping errors.

Cognex is the world's leader in the machine vision industry, having shipped more than 2 million image-based products, representing over $7 billion in cumulative revenue, since the company's founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has offices and distributors located throughout the Americas, Europe and Asia. For details visit Cognex online at www.cognex.com.