secwatch.observer — SEC 8-K summary
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Issuer:     FORMFACTOR INC (FORM)
CIK:        0001039399
Form:       8-K
Filed at:   2024-03-21T23:59:59+00:00
Accession:  0001039399-24-000011
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

FormFactor board expands to nine; appoints Kevin Brewer as director; Maier not standing for re-election
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- Lothar Maier will not stand for re-election at the May 17, 2024 annual meeting; transition not due to disagreement.
- Board size increased from 8 to 9; Kevin Brewer appointed, former Axcelis CFO and EVP of Global Operations.
- Brewer serves on Audit and Governance & Nominating Committees; annual retainer $68,500 and $190k RSU grant.
- Brewer brings over 40 years of semiconductor and high-tech industry experience to the board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039399/000103939924000011/0001039399-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039399/000103939924000011/form-20240317.htm
  HTML page:      https://secwatch.observer/filing/0001039399-24-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer