Teradyne Inc. Announces Separation Agreement with Former Robotics President Ujjwal Kumar, Including $1.13 Million Severance Package
Teradyne Inc. has announced a new compensation agreement as part of the departure of Ujjwal Kumar, the President of Teradyne Robotics. Effective August 29, 2025, Mr. Kumar will transition out of his role, remaining with the company through September 30, 2025. Under the terms of the separation agreement, he will receive a cash severance package totaling $1,130,000, which equates to 12 months of his base salary and bonus paid at target levels. The severance will be distributed in two installments: 50% upon executing the agreement and the remaining 50% on the 12-month anniversary of his last day of employment. Additionally, Mr. Kumar will receive a pro-rated annual cash bonus for 2025, contingent on actual performance, expected to be paid in early 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Teradyne Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-194047), on September 02, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.