Data I/O Appoints Interim CFO After Gerald Ng Retires

Dow Jones

May 20

By Katherine Hamilton

Data I/O named Todd Henne as interim chief financial officer to stand in after Gerald Ng retired Monday.

The provider of programming for electronic devices had previously said Ng planned to retire from his role as CFO in the second quarter of 2025, and said Monday the retirement had become effective.

Before being appointed interim CFO, Henne provided consulting services to Data I/O while working as a fractional executive CFO with Theisen Advisory Group, which does business as TAG CXO.

Data I/O plans to pay Henne through an independent contractor agreement with TAG CXO. For the first four months of the agreement, Data I/O pays TAG CXO $25,000 per month for Henne to work three days a week. The contract can be extended for up to two additional months at the same rate.

Ng made a base salary of $275,000 in 2024, with a total compensation of $367,418, according to a separate filing with the Securities and Exchange Commission.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

May 19, 2025 17:19 ET (21:19 GMT)

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For the first four months of the agreement, Data I/O pays TAG CXO $25,000 per month for Henne to work three days a week. The contract can be extended for up to two additional months at the same rate. \n\n\n  Ng made a base salary of $275,000 in 2024, with a total compensation of $367,418, according to a separate filing with the Securities and Exchange Commission. \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 19, 2025 17:19 ET (21:19 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}