ENTEGRIS INC

Entegris, Inc. announced that Daniel Woodland, Senior Vice President and President, Materials Solutions, will retire from the company on June 1, 2026. Olivier Blachier, currently Senior Vice President, Chief Strategy and Innovation Officer, will succeed Mr. Woodland in the role, effective the same date, while also retaining his Chief Innovation Officer title. Mr. Woodland's transition agreement includes continued base salary until retirement, a prorated 2026 short-term incentive, and continued vesting of equity awards granted from 2022-2025, with 2026 awards being forfeited.

Entegris, Inc. held its 2026 Annual Meeting of Stockholders, where shareholders approved the adoption of the Second Amended and Restated Certificate of Incorporation. This amendment eliminates all supermajority voting requirements, replacing them with a majority vote standard for matters like director elections. Concurrently, the Board approved conforming Amended and Restated By-Laws. Stockholders also elected eight directors, approved executive compensation on an advisory basis, ratified KPMG LLP as the independent auditor, and approved an advisory proposal for stockholders to call special meetings.

Entegris Inc. reported strong first-quarter 2026 results with net sales increasing 5.0% to $811.9 million and net income surging 46.3% to $92.0 million. Diluted EPS rose to $0.60. The company also repaid $50.0 million in long-term debt and amended its revolving credit facility, increasing commitments to $750.0 million and extending its maturity.

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.

Entegris, Inc. reported solid first-quarter 2026 results, with net sales increasing 5.0% year-over-year to $811.9 million. GAAP diluted EPS rose 46.3% to $0.60, and non-GAAP diluted EPS increased 28.4% to $0.86, both exceeding guidance. The company generated strong cash flow, reducing leverage, and anticipates continued improvement in the semiconductor market driven by AI demand. For Q2 2026, Entegris expects sales between $815 million and $845 million, with non-GAAP diluted EPS ranging from $0.76 to $0.84.

Entegris, Inc. (ENTG) executed Amendment No. 4 to its Credit and Guaranty Agreement, dated April 29, 2026. This amendment refinances and replaces the existing revolving credit commitments with new commitments totaling US$750,000,000. Morgan Stanley Senior Funding, Inc. will serve as the Administrative Agent, Collateral Agent, and Swingline Lender, with several other banks acting as joint lead arrangers and bookrunners.

Entegris, Inc. announced that its board of directors has declared a quarterly cash dividend of $0.10 per share. This dividend is scheduled to be paid on May 20, 2026, to shareholders who are on record at the close of business on April 29, 2026. This regular dividend payout demonstrates the company's consistent approach to shareholder returns.