Tuesday, Cognex Corp. (CGNX) announced the promotion of Robert Willett to President and Chief Operating Officer. Willett will assume these responsibilities in addition to his current role as President of the Modular Vision Systems Division or MVSD. Willett will continue reporting to Robert Shillman, who remains the company's Chairman and Chief Executive.
As President of Cognex Corp., Willett will oversee both the Modular Vision Systems Division or MVSD and the Surface Inspection Systems Division or SISD. Thomas Nash will continue in his current role as President of the Surface Inspection Systems Division, but he will now report to Willett rather than to Shillman, the company stated. Finance and Administration, under the direction of Cognex Executive Vice President and Chief Financial Officer Richard Morin, will continue to report to Shillman.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.