
ENTG Appoints Sukhi Nagesh as Senior VP & CFO
Entegris, Inc. announced the appointment of Sukhi Nagesh as its Senior Vice President and Chief Financial Officer, effective May 18, 2026. Mr. Nagesh brings nearly 30 years of experience in finance and strategy from the semiconductor and technology industries, having previously served at The Nielsen Company and GlobalFoundries Inc. Michael Sauer, who served as Interim CFO, will continue in his role as Vice President, Chief Accounting Officer. Mr. Nagesh's compensation package includes a base salary of $590,000, a target annual bonus of 70% of his base salary, a $200,000 sign-on bonus, and an initial equity grant valued at $2.1 million.
Key Highlights
- Sukhi Nagesh appointed Senior Vice President and Chief Financial Officer, effective May 18, 2026.
- Michael Sauer will cease serving as Interim CFO and continue as Vice President, Chief Accounting Officer.
- Mr. Nagesh's annual base salary set at $590,000.
- Eligible for an annual target bonus of 70% of base salary under the Entegris Incentive Plan.
- Will receive a sign-on bonus of $200,000, subject to repayment if he resigns within 12 months.
- Awarded an initial equity grant with a target value of $2,100,000.
- Eligible for severance equal to annual base salary and 12 months of subsidized medical coverage if terminated without cause.
Price Impact
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ENTG Q1 Net Sales +5% to $811.9M; EPS $0.60; Net Income +46.3%