Ultra Clean Holdings, Inc. (UCTT) announced the appointment of Michael Keogh as its next Chief Financial Officer, effective August 5, 2026. Mr. Keogh, a veteran finance executive with experience at Ford, Apple, and Intel, will succeed Sheri Savage.
Key Details
- Appointment: Michael Keogh will become Chief Financial Officer, effective August 5, 2026.
- Compensation Package: The agreement includes a $595,000 annual base salary, a target annual bonus of 85% of base salary, and an initial equity grant of restricted stock units (RSUs) valued at $2,000,000.
- Equity Terms: The initial $2 million RSU grant will vest in equal installments over a three-year period. Mr. Keogh is also eligible for future annual equity awards composed of 50% RSUs and 50% performance stock units (PSUs).