secwatch.observer — SEC 8-K summary
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Issuer:     Ultra Clean Holdings, Inc. (UCTT)
CIK:        0001275014
Form:       8-K
Filed at:   2025-03-05T23:59:59+00:00
Accession:  0001628280-25-010414
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO James Scholhamer resigns for health reasons; Chairman Clarence Granger named interim CEO
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- James Scholhamer resigned as CEO and Board member effective March 4, 2025 due to a personal medical condition.
- Chairman Clarence Granger, age 76, appointed interim CEO; Board search for permanent CEO underway.
- Scholhamer receives $2,548,796 lump sum separation payment subject to release of claims.
- Granger gets $810,000 prorated base salary, 110% target bonus, and $900,000 RSU award vesting at end of interim service.
- Granger served as UCT's CEO from 2003 to 2015; has extensive knowledge of the company's business and operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275014/000162828025010414/0001628280-25-010414-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275014/000162828025010414/uctt-20250305.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-010414

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