secwatch.observer — SEC 8-K summary
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Issuer:     ONTO INNOVATION INC. (ONTO)
CIK:        0000704532
Form:       8-K
Filed at:   2022-05-17T23:59:59+00:00
Accession:  0001564590-22-020477
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Onto Innovation appoints Mark Slicer as CFO; Steven Roth retires after 26 years
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- Steven Roth retired as SVP & CFO effective May 17, 2022; will remain as advisor through year-end.
- Mark Slicer appointed CFO, previously SVP & Global Operations Controller at Boston Scientific.
- Slicer's compensation: $450K base salary, 70% bonus target, $1M one-time RSU grant, $150K signing bonus.
- Slicer is a licensed CPA with nearly 29 years of finance experience at Boston Scientific, GE, and PwC.
- Roth's retirement was previously announced in July 2021; Slicer's appointment concludes the search.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/704532/000156459022020477/0001564590-22-020477-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/704532/000156459022020477/onto-8k_20220517.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-020477

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