CyberOptics Corporation announced that it has increased the size of its Board and appointed Dr. Cordell Hardy to its Board of Directors. The Company also announced that Michael M. Selzer Jr. has informed the Board of Directors of his decision not to stand for re-election as a director. As a result, Mr. Selzer will retire from the Board of Directors effective upon the expiration of his current term at the 2022 Annual Meeting.
Craig D. Gates, Chairman of the Board of Directors of the Company commented: “Dr. Hardy brings CyberOptics a deep resume and expertise in research and innovation, commercialization of new technologies and portfolio strategy. We are excited to have him join our Board.” Mr. Gates added: “The Company and the Board of Directors extend their appreciation to Mr. Selzer for his many contributions to the Company and his service on the Board.”
Dr. Hardy has been employed by 3M Company since 2003, most recently as Senior Vice President, Corporate R&D Operations. 3M Company is a large publicly traded industrial that develops, manufactures, and markets various products on a worldwide basis through four business segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. Dr. Hardy also serves as Treasurer and on the Board of Directors of Minnesota Community Care, a federally-qualified health clinic operator. Dr. Hardy received a PhD in Chemical Engineering from the University of Minnesota, as well as a Bachelor’s of Science degree in Chemical Engineering from Florida A&M University.