MINNEAPOLIS -- CyberOptics announced that Kathleen Iverson will retire as president and CEO effective Jan. 31, as part of a planned transition. Executive chairman Subodh Kulkarni will assume Iverson’s duties after that time until a permanent CEO is appointed.
SON, THE NETHERLANDS – Neways Electronics has reached agreement with a German labor board to lay off 120 workers at its defunct subsidiary in Kassel, Germany.
TORONTO -- SMTC has named Sushil Dhiman president and chief executive, effective Jan. 6. He supersedes interim president and CEO Larry Silber, who was named to the post in May following the departure of co-CEOs Alex Walker and Claude Germain.