Perceptron, Inc. announced that the Board of Directors of the company appointed David Watza to serve as President and Chief Executive Officer of the company, effective immediately. Mr. Watza will succeed W. Richard Marz, who was appointed as interim President and Chief Executive Officer of the company in January 2016. Mr. Marz will continue in his role as Chairman of the Board of the company.

Mr. Watza has been Senior Vice President and Chief Financial Officer of Perceptron since October 2015, a position he will continue to hold. Prior to joining Perceptron, Mr. Watza served as Vice President of Corporate Development of TriMas Corporation.