leadership
confidence high
sentiment neutral
materiality 0.60
TTM Technologies appoints Edwin Roks as President and CEO, effective Sept 2, 2025
TTM TECHNOLOGIES INC
- Edwin Roks, Ph.D., former CEO of Teledyne, succeeds Thomas Edman as CEO, effective Sept 2, 2025.
- Thomas Edman retires after 11 years as CEO; will serve as advisor to Chairman until Jan 1, 2026, and remain on Board.
- Roks also appointed to Board as Class II director, term expiring at 2026 annual meeting.
- Roks receives $1M base salary, 125% target bonus, $1.275M RSU grant vesting over 3 years, and $2.975M PSU grant.
- Board amended Edman's performance-based RSUs (367,559 total) to permit vesting upon retirement, performance targets unchanged.