Aehr Test Systems appoints Chris Siu as CFO effective June 1, 2023; Ken Spink retiring

AEHR TEST SYSTEMS

Chris Siu becomes EVP of Finance, CFO, and Secretary, effective June 1, 2023.
Annual base salary of $336,000; target cash bonus of 75% of base; initial equity grant of $600,000 vesting over four years.
Siu brings 27+ years of semiconductor and public accounting experience, previously SVP Finance at Ultra Clean Technologies.
Ken Spink will remain through August 31, 2023, to assist transition after 15 years with the company.
New CFO also receives change-of-control severance: 12 months base pay, prorated bonuses, full equity vesting.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Kenneth B. Spink

Chief Financial Officer

AEHR · AEHR TEST SYSTEMS

Effective: 2023-08-31
Successor: Chris Siu
Filed: May 31, 2023, 7:59 PM ET

Mr. Siu will replace Kenneth B. Spink who will remain through his retirement on August 31, 2023 to assist in the transition.

Appointed

Chris Siu

Executive Vice President of Finance, Chief Financial Officer and Secretary

AEHR · AEHR TEST SYSTEMS

Effective: 2023-06-01
Filed: May 31, 2023, 7:59 PM ET

On May 8, 2023, the Board of Directors (the "Board") of Aehr Test Systems (the "Company") appointed Chris Siu as the Company's Executive Vice President of Finance, Chief Financial Officer and Secretary, effective upon his hire date of June 1, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.9

Kenneth B. Spink departed as Chief Financial Officer at AEHR TEST SYSTEMS.

Action: retiring
Role: Chief Financial Officer

Exact text from the filing

Mr. Siu will replace Kenneth B. Spink who will remain through his retirement on August 31, 2023 to assist in the transition.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Chris Siu was appointed as Executive Vice President of Finance, Chief Financial Officer and Secretary at AEHR TEST SYSTEMS.

Action: appointed
Role: Executive Vice President of Finance, Chief Financial Officer and Secretary

Exact text from the filing

On May 8, 2023, the Board of Directors (the "Board") of Aehr Test Systems (the "Company") appointed Chris Siu as the Company's Executive Vice President of Finance, Chief Financial Officer and Secretary, effective upon his hire date of June 1, 2023.

View on SEC.gov

AEHR TEST SYSTEMS filing history →

Source: SEC EDGAR

accession 0001654954-23-007424

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