Ultra Clean Holdings Appoints Michael Keogh as New CFO
UCTT has more than doubled off its 52-week low of $21.28.
Summary
Ultra Clean Holdings appointed Michael Keogh, a seasoned finance executive from Ford and Apple, as its new Chief Financial Officer, completing a planned leadership transition.
Key Events · Executive and Board Changes · UCTT
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New CFO Appointed
Michael Keogh will become Chief Financial Officer, effective August 5, 2026.
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Strong Executive Background
Mr. Keogh brings over 25 years of global financial and operational leadership experience, including CFO roles at Ford Model e and Bright Machines, and senior finance positions at Apple and Intel.
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Compensation Package Detailed
He will receive an annual base salary of $595,000, an 85% target bonus, and an initial equity grant of restricted stock units valued at $2,000,000.
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Planned Leadership Transition
This appointment follows the previously announced retirement of former CFO Sheri Savage, ensuring a smooth succession.
Analysis · UCTT · Manufacturing
Ultra Clean Holdings has appointed Michael Keogh, a finance executive with extensive experience at companies like Ford, Apple, and Intel, as its new Chief Financial Officer. This appointment fills the vacancy created by the previously announced retirement of Sheri Savage and is a positive step in strengthening the company's financial leadership. His background in global manufacturing and capital markets aligns with the company's UCT 3.0 strategy.
At the time of this filing, UCTT was trading at $101.76 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $4.5B. The 52-week trading range was $21.28 to $144.22. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.