Management ChangeJul 8, 2026, 04:14 PM
Ultra Clean Appoints Michael Keogh as New CFO
AI Summary
Ultra Clean Holdings, Inc. announced the appointment of Michael Keogh as its new Chief Financial Officer, effective August 5, 2026. Mr. Keogh brings extensive experience from leadership roles at Ford, Bright Machines, Apple, Stanley Black & Decker, and Intel. His compensation package includes an annual base salary of $595,000, an 85% target annual bonus, and an initial equity grant of RSUs valued at $2,000,000, along with eligibility for future equity awards and severance benefits.
Key Highlights
- Michael Keogh appointed Chief Financial Officer, effective August 5, 2026.
- Mr. Keogh brings over 25 years of global financial and operational leadership experience.
- Annual base salary set at $595,000, with an 85% target annual bonus.
- Initial equity grant includes restricted stock units (RSUs) valued at $2,000,000.
- Eligible for annual equity grants consisting of 50% RSUs and 50% performance stock units (PSUs).
- Severance policy provides 100% base salary and annual bonus if terminated without cause.
- Change in Control severance increases benefits to 150% of base salary and annual bonus.
Price Impact
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