COGNEX CORP 10-K

ITEM 3: LEGAL PROCEEDINGS Various claims and legal proceedings generally incidental to the normal course of business are pending or threatened on behalf of or against the Company. While we cannot predict the outcome of these matters, we believe that any liability arising from them will not have a material adverse effect on our financial position, liquidity, or results of operations. ITEM 4: MINE SAFETY DISCLOSURES Not applicable. ITEM 4A: INFORMATION ABOUT OUR EXECUTIVE OFFICERS The following table sets forth the names, ages, and titles of Cognex’s executive officers as of December 31, 2020: Name Age Title Robert J. Shillman 74 Chairman of the Board of Directors and Chief Culture Officer Robert J. Willett 53 President and Chief Executive Officer Sheila M. DiPalma 54 Executive Vice President of Employee Services Carl Gerst 53 Executive Vice President of Products and Platforms Paul Todgham 44 Senior Vice President of Finance and Chief Financial Officer Executive officers are elected annually by the Board of Directors. There are no family relationships among the directors and executive officers of the Company. Dr. Shillman and Mr. Willett, who are both members of the Company's Board of Directors, have been employed by Cognex in their current positions for no less than the past five years. Ms. DiPalma joined Cognex in 1992. She has served for more than 25 years in a series of increasingly responsible roles in the finance function, including six years as Cognex Treasurer, before transitioning to Employee Services in 2016. Prior to joining Cognex, Ms. DiPalma was a member of the audit firm PricewaterhouseCoopers. She holds a Bachelor of Science degree in Accounting from Boston College, a Master of Science degree in Taxation from Bentley College, and is a Certified Public Accountant. Mr. Gerst joined Cognex in 1999. He worked in a number of product-focused roles before being promoted to Senior Vice President of the ID Products Business Unit in 2014. In 2020, Mr. Gerst was promoted to Executive Vice President of Vision and ID Products and his leadership role was expanded to include Vision Products and Global Marketing Communications. Prior to joining Cognex, Mr. Gerst held roles in engineering, sales, and product marketing for Hand Held Products (now Honeywell Imaging and Mobility), a leading supplier of Automatic Identification and Data Collection equipment. Mr. Gerst holds a Bachelor of Science degree in Electrical Engineering from Clarkson University and a Master in Business Administration from the Simon School of Business at the University of Rochester. 14 Table of Content Mr. Todgham joined Cognex in March 2020. Prior to joining Cognex, Mr. Todgham spent six years at Levi Strauss & Company, where he held a range of senior leadership positions, including leading finance for the company’s Global Supply Chain, Distribution, Merchandising, Planning, Design, and Marketing teams. He previously served as Vice President of Finance for Ross Stores, Inc., where he oversaw financial planning & analysis and treasury functions. Earlier in his career, Mr. Todgham worked at The Boston Consulting Group, advising clients in the technology and consumer sectors on issues of strategy, operations, and organization. Mr. Todgham holds a Master in Business Administration from Stanford University, a Master in Economics from the University of Cambridge, and a Bachelor of Arts degree in Applied Mathematics from Harvard University. 15 Table of Content PART II