On August 9, 2019, the Board of Directors of Perceptron, Inc. appointed David L. Watza as the company’s principal accounting officer, effective August 16, 2019. This appointment was made in connection with the previously announced resignation of Michelle Wright, who currently serves as the Company’s principal accounting officer. Mr. Watza has served as a member of the Company’s Board of Directors since June 2018 and as the Company’s President, Chief Executive Officer and Chief Financial Officer since November 2016. He previously served as the Company’s Senior Vice President, Finance and Chief Financial Officer from October 2015 to November 2016. Prior to joining the Company, Mr. Watza served as Vice President of Corporate Development of TriMas Corporation, with responsibility for acquisitions, divestures, and Treasury operations.