Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 7, 2020, Perceptron, Inc. (the "Company") issued a press release announcing that the Board of Directors of the Company appointed Bill Roeschlein as the Interim Vice President, Finance and Chief Financial Officer of the Company, effective January 7, 2020. Mr. Roeschlein will also serve as the principal financial officer and principal accounting officer of the Company.

Mr. Roeschlein succeeds Laura Pecoraro who previously served as the Company's Vice President, Finance and as the Company's principal financial officer and principal accounting officer. As previously disclosed, on November 22, 2019, Ms. Pecoraro notified the Company of her decision to resign from the Company. Ms. Pecoraro will remain with the Company during a transition period that is expected to last until mid to late January 2020.

Mr. Roeschlein, age 50, served as the Chief Financial Officer and Principal Financial and Accounting Officer of Intermolecular, Inc. from April 2017 until December 2019. From August 2015 to April 2017, Mr. Roeschlein served as Vice President of Finance of Intermolecular, Inc. where he was responsible for corporate accounting and financial planning. From January 2015 to July 2015 and from May 2010 to December 2012, Mr. Roeschlein was an advisor for high technology companies, including Trident Microsystems, Inc. From January 2013 to December 2014, Mr. Roeschlein served as Chief Financial Officer of Aurora Algae, Inc., a producer of algae-derived products for the nutrition and biofuel markets. From 2008 to 2010, Mr. Roeschlein served as Chief Financial Officer for Power Integrations, Inc., a supplier of high-voltage analog semiconductors for power conversion. From 2006 to 2008, Mr. Roeschlein served as Chief Financial Officer for Selectica, Inc., a provider of cloud-based software solutions. Prior to 2006, Mr. Roeschlein served in various corporate controller and financial management roles at Ultra Clean Technology, Asyst Technologies, Hewlett-Packard and Coopers & Lybrand.

Mr. Roeschlein's weekly base salary will be $7,200. He will not participate in the Company's Fiscal 2020 Executive Short Term Incentive Plan or Long Term Incentive Plan, nor employee benefit programs, except to the extent required by law. He will be reimbursed for reasonable travel, housing and rental car expenses incurred in the performance of his duties.

Attached hereto and incorporated by reference as Exhibit 99.1 is the press release relating to such announcement. Such information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.



D. Exhibits.

Exhibit No.        Description
  Exhibit 99.1       Press Release, dated January 7, 2020.

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