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Advantest Corporation (ADTTF)

Other OTC - Other OTC Delayed Price. Currency in USD
46.10-1.99 (-4.14%)
At close: 11:33AM EST
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  • Bloomberg

    Japan’s Advantest Taps American Lefever to Become Next CEO

    (Bloomberg) -- Advantest Corp. said it will promote Douglas Lefever to chief executive officer as of April 1, a rare example of a foreign citizen taking the helm of a major Japanese corporation. Most Read from BloombergTrump Warns of Big Losses From Asset Sales During Property SlumpFed’s Preferred Inflation Metric Increases by Most in a YearStocks End Month at New Highs After Inflation Data: Markets WrapBiden Amasses Cash Lead as Trump Bleeds Money in 2024 FightLefever, a 53-year-old American, w

  • GlobeNewswire

    Notice of Changes of Representative Directors

    TOKYO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Advantest Corporation hereby announces that the Board of Directors at its meeting held on February 28, 2024, resolved to change the Company’s Representative Directors as follows. 1. Reason for the changesAs the Company’s next mid-term management plan starts in FY2024, the Chief Executive Officer of the Advantest Group and the President of Advantest Corporation are to be changed in order to realize even greater progress for the Advantest Group in the rapid

  • Reuters

    Japan's Advantest says US executive Lefever to become CEO

    TOKYO (Reuters) -Japan chip test equipment company Advantest Corp said on Wednesday its Chief Operating Officer Douglas Lefever, a U.S. citizen, will become CEO from April, with current Chief Executive Yoshiaki Yoshida becoming chairman. Lefever, who became COO in January 2023 and previously served as CEO of Advantest America, joins a select group of foreign leaders of companies in Japan, which is known for its hierarchical and codified corporate culture. He takes the helm at Advantest at a time of growing investor anticipation about the boost chip equipment makers may receive from investment in artificial intelligence, with the company's shares up 44% year-to-date.