Data I/O Announces Appointment of Charles DiBona as Chief Financial Officer

Core Insights - Data I/O Corporation has appointed Charles DiBona as Vice President and Chief Financial Officer effective August 11, 2025, with Todd Henne remaining temporarily for a smooth transition [1][3] Group 1: Leadership and Experience - Charles DiBona brings nearly two decades of experience in financial reporting, resource optimization, IT system management, capital markets, and M&A functions [2] - His previous role at Microsoft involved strategy management in the Server and Tools Business, and he has held CFO positions in various technology companies, contributing to market expansion and product enhancement [2] - DiBona holds an MBA from Harvard Business School and an A.B. in Economics from Harvard University, graduating Magna Cum Laude [2] Group 2: Company Vision and Strategy - The President and CEO of Data I/O expressed confidence in DiBona's ability to drive financial strategy and enhance organizational performance to meet financial goals and expand market presence [3] - DiBona expressed enthusiasm about joining Data I/O and aims to build on the company's financial tradition while driving growth [3] Group 3: Compensation and Incentives - DiBona's initial equity compensation includes a grant of 100,000 Restricted Stock Units, vesting annually over three years, as part of his Executive Employment Agreement [4]