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Aehr Test Systems Appoints Narsing Vijayrao to Board of Directors

Aehr Test Systems announced the appointment of Narsing Vijayrao to its Board of Directors, effective October 28, 2026, expanding the board from six to seven members. Vijayrao, a senior technology executive with approximately 30 years of experience in infrastructure, artificial intelligence, and semiconductor technologies, most recently served as Vice President of Infrastructure at Meta Platforms. He was appointed to the Compensation Committee and will serve until the company's next annual meeting of shareholders.

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Key takeaways

  • Board expansion: Aehr Test Systems increased its authorized number of directors from six to seven and appointed Narsing Vijayrao effective October 28, 2026.

  • New director background: Vijayrao brings approximately 30 years of experience in infrastructure, AI, and semiconductor technologies, having held senior leadership roles at Meta Platforms and AMD.

  • Compensation: The new director will receive a $65,000 annual cash retainer plus an initial RSU grant of $140,000 vesting over four years, with annual RSU grants of $140,000 thereafter.

  • Independence: The Board determined that Vijayrao qualifies as an independent director under Nasdaq listing standards.

  • Committee assignment: Vijayrao was appointed to serve on the Compensation Committee.

  • Tenure: Vijayrao will serve until the company's next annual meeting of shareholders.

Disclosure changes

  • Board of Directors Composition

    The Board increased the authorized number of directors from six to seven and appointed Narsing Vijayrao as an independent director effective October 28, 2026.

    The addition of an experienced technology and semiconductor executive to the board may provide additional expertise in strategic and operational matters.
  • Director Compensation

    Non-employee director Vijayrao will receive a $65,000 annual cash retainer and initial RSU grant of $140,000 vesting over four years, with eligibility for annual RSU grants of $140,000 thereafter.

    Director compensation details inform shareholders about the company's equity-based compensation practices for board members.

Primary source

TickerStar generated this brief from an official company, investor-relations, earnings-call, or regulatory source. Review the primary material before making an investment decision.

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