Hypertherm Inc. announced the transition of board chair from founder Dick Couch (left) to Richard Lettieri. Lettieri has served as a board member for 34 years, including seven years as the board’s lead director. Executive leadership of the company remains unchanged under Evan Smith, president and CEO. Couch, now chair emeritus, remains trustee of the employee stock ownership plan. Dick and Barbara Couch will also continue to have an active presence at Hypertherm with the Couch Family Foundation office to be located in Hypertherm’s main Hanover, N.H., facility.