Data I/O Corporation, a global leader in security and data deployment solutions for microcontrollers, security ICs, and memory devices, has announced a series of strategic organizational changes effective December 1, 2024. These changes reflect the company’s renewed focus under the leadership of William Wentworth, appointed as CEO on October 1, 2024. The restructuring aligns the company’s leadership team with its growth strategy, emphasizing market share expansion and customer success.

Key Changes in Leadership and Operations

1. Strategic Leadership Appointments

• Monty Reagan Appointed as Vice President, Sales & Marketing:
  • This position has been reinstated after more than a decade.
  • Monty Reagan, an industry veteran with extensive experience at companies like Avnet and BPM Microsystems, will lead sales and marketing efforts to expand the company’s reach in the global electronics supply chain.
  • His appointment reinforces Data I/O’s commitment to market expansion and customer engagement.

2. New Focus on Quality Assurance

• Matt Hunter Promoted to Director of Quality:
  • This newly created role underscores the company’s commitment to manufacturing excellence and operational efficiency.
  • Hunter will oversee global ISO 9001:2015 quality certifications and manufacturing quality standards, ensuring that Data I/O’s products meet the highest standards as it expands its global solutions portfolio.

3. Departures of Key Executives

• Rajeev Gulati, Vice President and CTO, and Michael Tidwell, Vice President of Marketing and Corporate Business Development, Depart:
  • Details regarding their departures have been disclosed in a Form 8-K filed with the SEC.
  • These transitions mark a streamlining of leadership roles to focus on customer-centric growth strategies.

CEO’s Vision for Growth and Market Expansion

William Wentworth, President and CEO of Data I/O, emphasized the significance of the organizational changes:

“These changes reflect a deliberate strategy to scale and grow the company. By streamlining our leadership and focusing on customer success, we aim to become a higher-value partner with a broader reach into the global electronics supply chain.”

The new leadership structure is expected to foster innovation, improve operational efficiency, and enhance the company's ability to serve its customers worldwide.

About Data I/O Corporation

Founded in 1972, Data I/O Corporation has been a pioneer in designing and manufacturing solutions for the electronics industry. Its data provisioning technology supports industries such as:

• Automotive
• Internet of Things (IoT)
• Medical Devices
• Wireless Communication
• Consumer Electronics
• Industrial Controls

With a portfolio of patented technologies, Data I/O provides secure, reliable, and cost-effective solutions to program and provision devices from early samples to high-volume production.

Data I/O Corporation’s latest organizational restructuring is a pivotal step toward achieving its growth objectives under new leadership. By appointing proven industry experts, creating roles dedicated to quality assurance, and streamlining operations, the company is poised to strengthen its position as a global leader in the electronics supply chain.