Ultra Clean Holdings, Inc. — Form 8-K
Filed July 8, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 42/100
What the filing says
Michael Keogh appointed CFO reporting to CEO James Xiao, replacing Sheri Savage. Compensation: $595,000 base salary, 85% bonus target, $2M RSU equity grant vesting over 3 years (calculated at 60-day average stock price), plus annual discretionary equity awards (50% RSUs/50% PSUs). Keogh brings 25+ years in finance across semiconductor, automotive, and technology; most recently CFO of Ford Model e.
Why this rating
Leadership change is routine; $2.6M total year-one comp (0.26% of $1B market cap) is standard for CFO hire. Keogh's strong background is positive, but announcement lacks strategic specificity or operational impact guidance.
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