Teradyne names Hathout as president of robotics group

NORTH READING, Mass. - Teradyne, Inc. (NASDAQ:TER), a $19.2 billion technology company with strong financial health according to InvestingPro analysis, has appointed Jean-Pierre "JP" Hathout as President of the Teradyne Robotics Group, according to a company press release issued Tuesday.

Hathout succeeds Ujjwal Kumar in the role while continuing his current position as President of Universal Robots, which he assumed in May. Prior to this expanded responsibility, Hathout served as President of Mobile Industrial Robots (MiR) for two years. The appointment comes as Teradyne maintains robust operational efficiency with a 59% gross margin and healthy liquidity, demonstrated by a current ratio of 2.35.

The new robotics group president brings more than 20 years of international management experience to the position, including 17 years at Bosch. During his tenure at MiR, Hathout worked to strengthen the company’s product portfolio and global market position.

"I’m excited to be able to step into this role where I can combine my experience of and passion for both cobot and AMR automation," Hathout said in the statement.

Greg Smith, President and CEO of Teradyne, expressed confidence in Hathout’s leadership capabilities, noting the fast-changing nature of the robotics industry.

Teradyne Robotics operates as a division of Teradyne and encompasses both Universal Robots and Mobile Industrial Robots. The division focuses on providing robotic solutions that integrate with human workers to improve operational efficiency.

In other recent news, Teradyne reported robust earnings for the second quarter of 2025, exceeding analysts’ expectations. The company posted an earnings per share of $0.57, surpassing the forecasted $0.54, and achieved a revenue of $652 million, which was higher than the anticipated $649.52 million. These positive financial results contributed to a significant surge in investor optimism. In addition to its financial performance, Teradyne announced a quarterly cash dividend of $0.12 per share, payable on September 29, 2025, to shareholders recorded by September 5, 2025. The company’s stock rating was reiterated at Overweight by Cantor Fitzgerald, with a price target set at $130.00. This rating suggests confidence in Teradyne’s potential for continued growth. These developments reflect the company’s strong position in the market.

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