InTest Corporation (NYSE American: INTT) has announced the appointment of Richard Rogoff as its new President and Chief Executive Officer, effective immediately. This leadership change follows the departure of Richard N. Grant, Jr., who stepped down from his role as President, CEO, and Board member on March 31, 2026. The transition was executed in accordance with the terms of Mr. Grant's offer letter and was not due to any disagreements regarding the company's operations or policies.

Richard Rogoff, who has been with InTest since October 2021, previously served as Vice President of Corporate Development and has played a pivotal role in the company's acquisitions and operational strategies. His extensive experience in the semiconductor industry, including significant roles at Onto Innovation and ASML Inc., positions him well to lead InTest into its next phase of growth.

The Board of Directors expressed confidence in Rogoff's ability to drive corporate strategies and contribute to the company's success. As part of his new role, Rogoff will receive an annual base salary of $375,000, with a target bonus opportunity of 65% of his base salary for 2026. Additionally, he will be granted performance-vesting stock options to acquire up to 300,000 shares of InTest's common stock, contingent upon achieving specific performance goals over a three-year period.

The company also issued a press release on April 1, 2026, highlighting Rogoff's appointment and the strategic vision for InTest moving forward. The Board aims to enhance operational efficiency and leverage growth opportunities across various markets, including semiconductor manufacturing, automotive, defense, and life sciences. This leadership change is expected to positively impact the company's operational execution and strategic outlook, fostering shareholder value and growth in the coming years.

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