leadership
confidence high
sentiment neutral
materiality 0.70
Ichor Holdings CEO Jeffrey Andreson resigns, CTO Phil Barros promoted to CEO effective Nov 3, 2025
ICHOR HOLDINGS, LTD.
- Jeffrey Andreson resigned as CEO and director effective Nov 3; not due to any disagreement with the company.
- Philip Barros, previously CTO and SVP of Engineering, appointed CEO and director effective Nov 3, 2025.
- Barros has over 20 years at Ichor; led development of proprietary valves, fittings, and substrate components.
- New CEO compensation: $700k base salary, 100% target bonus, $1.75M RSUs, $1.75M performance RSUs.
- Board conducted a thoughtful succession process over several months before selecting Barros.