Brian Roberts
On June 12, 2025, Onto Innovation Inc. (the “Company”) announced that Brian Roberts has been appointed as the Company’s Chief Financial Officer (“CFO”) effective as of June 16, 2025 (the “Hire Date”) .
Highest-materiality recent filing
$1.5B aggregate principal of 0.00% convertible notes due 2031; initial conversion price ~$381.80/share (50% premium to May 18 close).
All seven director nominees elected; David B. Miller received 38.8M for, 3.2M against (highest opposition).
Onto Innovation announces $1.1B convertible notes offering due 2031, $300M share repurchase
Offering of $1.1B aggregate principal amount of convertible senior notes due 2031; option for additional $165M.
Onto Innovation posts record Q1 revenue of $292M; to acquire 27% of Rigaku for ~$710M
Record quarterly revenue of $292M, up nearly 10% sequentially from Q4 2025.
Onto Innovation to acquire 27% stake in Rigaku for $710M; strategic partnership deepened
Purchase price ~$710M for 61.1M shares (27% of Rigaku) from Carlyle affiliate; expected close H2 2026.
Onto Innovation prelim Q1 rev $292M above guidance; Dragonfly G5 qualified for 2.5D AI packaging
Preliminary Q1 FY2026 revenue of $292M, above prior guidance of $275-285M.
Onto Innovation reports record Q4 revenue $267M, FY 2025 revenue $1.005B
Record Q4 revenue of $267M; full year 2025 revenue reached $1.005B.
Onto Innovation adopts Nonqualified Deferred Compensation Plan effective Jan 1, 2026
Plan allows eligible executives to defer up to 75% of salary and 100% of bonus, PSUs, and RSUs.
Onto Innovation completes $495M acquisition of Semilab USA product lines
Acquired Semilab USA for $432.3M cash and 641,771 shares of Onto common stock.
Onto Innovation beats Q3 guidance; Dragonfly 3Di qualified by two HBM customers
Revenue and EPS exceeded midpoint of previously announced Q3 guidance ranges.
Onto Innovation amends Semilab deal; excludes EIR business, price cut ~$50M to ~$495M
EIR business (Fourier-Transform IR reflectometry) excluded; seller retains it; ~$13M (10% of Semilab 2025 revenue).
Onto Innovation Q2 revenue above guidance; acquires Semilab lines for $545M
Revenue exceeded midpoint of guided range; CEO expects Q3 low watermark with Q4 recovery to Q1/Q2 levels.
Separation agreement with former CFO Mark Slicer provides 1x base salary ($477,405) paid over 12 months.
Onto Innovation to acquire Semilab's materials analysis business for ~$545M
Total consideration of $475M cash and 706,215 shares of ONTO stock (~$545M total based on June 27 close).
Onto Innovation appoints Brian Roberts as CFO effective June 16, 2025
Brian Roberts named CFO of Onto Innovation, effective June 16, 2025; previously CFO at Sensata Technologies (2023-2025) and Insulet (2009-2014).
CFO Mark Slicer departs Onto Innovation effective June 12, 2025
CFO Mark Slicer's employment mutually terminated effective June 12, 2025.
Onto Innovation annual meeting elects all 7 director nominees, approves say-on-pay, ratifies EY
All seven director nominees (Kelley, Lynch, Miller, Plisinski, Schwartz, Seams, Su) elected; Miller had highest against votes at 2.9M.
Onto Innovation posts record Q1 revenue of $267M; GAAP EPS $1.30, non-GAAP EPS $1.51
Revenue $267M, seventh consecutive quarterly record; up 17% YoY vs. $229M.
Onto Innovation SVP Customer Success resigns effective April 8
Dr. Srinivas Vedula resigning as SVP, Customer Success effective April 8, 2025.
Onto Innovation reports record Q4 revenue $264M; full year revenue up 21% YoY
Record Q4 revenue of $264M, sixth consecutive quarterly growth.
Onto Innovation appoints Ido Dolev as EVP of Product Solutions Group
Ido Dolev named EVP Product Solutions Group, effective Dec 1, 2024, overseeing inspection, metrology, lithography, and software.
Onto Innovation Q3 revenue $252M, GAAP EPS $1.07; Q4 guidance $253-267M
Revenue $252.2M, up 22% YoY; GAAP net income $53.1M ($1.07 diluted EPS); non-GAAP EPS $1.34.
Onto Innovation Q2 revenue $242M beats guidance; EPS $1.07 GAAP, $1.32 non-GAAP
Revenue $242M, above high-end guidance of ~$235M; up 27% YoY from $191M.
Onto Innovation appoints Stephen Schwartz to board of directors, effective July 16, 2024
Board size increased from 8 to 9 members; Schwartz also joins the Audit Committee.
Onto Innovation shareholders elect all eight director nominees at 2024 annual meeting
Each of the eight director nominees received over 42 million votes 'for', with broker non-votes of ~2 million.
Onto Innovation Q1 revenue $229M, GAAP EPS $0.94, non-GAAP $1.18; guides Q2 rev $230-240M
Revenue $229M, at high end of guidance; GAAP EPS $0.94, non-GAAP EPS $1.18.
Onto Innovation appoints Susan Lynch to board of directors
Susan Lynch elected to board effective March 15, 2024; board expands from 8 to 9 members.
Onto Innovation Q4 revenue $219M beats high end of guidance; non-GAAP EPS $1.06
Q4 revenue $219M above guidance; GAAP EPS $0.61, non-GAAP EPS $1.06.
Board member Karen M. Rogge to retire at 2024 annual meeting, not seek re-election
Karen M. Rogge notified Board on January 8, 2024 of her voluntary retirement and decision not to stand for re-election.
Onto Innovation Q3 revenue $207M, EPS $0.73; specialty/advanced packaging record $135M
Revenue $207M, impacted by ~$10M from delayed litho shipments; GAAP gross margin 52%, non-GAAP 52%.
Onto Innovation enters new employment agreement with CEO Michael P. Plisinski
CEO to receive $700K base salary, 110% target bonus, and annual equity grants (time- and performance-based RSUs).
Onto Innovation Q2 revenue falls 26% to $191M, non-GAAP EPS $0.79; guides Q3 $205-225M
Revenue $190.7M, down 26% YoY from $256.3M; GAAP EPS $0.53, non-GAAP $0.79.
Onto Innovation shareholders elect all eight director nominees at 2023 annual meeting
All eight director nominees elected; each received over 43M votes For, with the lowest being 43.07M for Leo Berlinghieri.
Onto Innovation Q1 revenue $199M, GAAP EPS $0.59; guides Q2 rev ~$203M
Revenue $199M, down from $241.4M YoY; GAAP net income $29.1M vs $53.3M.
Onto Innovation appoints Ramil Yaldaei as COO, succeeding James Harlow
James Harlow resigns as COO effective May 5, 2023; no disagreement with company.
Onto Innovation reports record annual revenue $1.005B, Q4 EPS beats, guides Q1 below Q4
Record annual revenue of $1.005B, up 27% YoY; Q4 revenue $253M, up 12% YoY.
Onto Innovation appoints Stephen D. Kelley, CEO of Advanced Energy, to board and audit committee
Board expands from 7 to 8 members with Kelley's appointment effective Jan 24, 2023.
Revenue $254M (+27% YoY); gross margin 55%; GAAP operating income $59M; non-GAAP operating income $78M.
Onto Innovation Q2 record revenue $256M (+33% YoY); EPS $1.03; guides Q3 $242M-$258M
Record quarterly revenue of $256M, up 33% YoY; GAAP net income $51.6M, diluted EPS $1.03.
Onto Innovation appoints Mark Slicer as CFO; Steven Roth retires after 26 years
Steven Roth retired as SVP & CFO effective May 17, 2022; will remain as advisor through year-end.
All seven director nominees elected: Berlinghieri, Miller, Plisinski, Rogge, Seams, Su, Tsingos; each received >42.7M votes.
Onto Innovation Q1: Record revenue $241M (+43% YoY), EPS $1.07 beats guidance
Record revenue $241M (+43% YoY); GAAP EPS $1.07, non-GAAP EPS $1.31, both above guidance.
Onto Innovation appoints May Su to Board of Directors effective March 21, 2022
Board size increased from 8 to 9 members with Su's appointment.
Q4 revenue $225.6M record, up 12% QoQ and 45% YoY; FY revenue $788.9M, up 42% YoY.
Onto Innovation SVP Kevin Heidrich ceases to be executive officer; remains employed
Effective Jan 18, 2022, SVP Kevin Heidrich accepted a modification of his reporting structure.
Onto Innovation director Bruce C. Rhine to retire, not stand for re-election at 2022 annual meeting
Bruce C. Rhine notified the Board of his voluntary retirement and will not stand for re-election at the 2022 Annual Meeting in May.
Onto Innovation VP and General Counsel Robert Koch to retire effective Jan 5, 2022
Robert A. Koch, VP and General Counsel, will retire on January 5, 2022.
Onto Innovation director Edward J. Brown Jr. to retire from Board at 2022 Annual Meeting
Brown notified the Board on November 23, 2021 of his voluntary retirement and decision not to stand for re-election.
Onto Innovation Q3 revenue $200.6M (+59% YoY); guides Q4 above Q3
Revenue $200.6M, 59% YoY growth, above guidance; GAAP EPS $0.73, non-GAAP EPS $0.98.
Onto Innovation appoints COO James Harlow; GC Robert Koch plans 2022 retirement
James Harlow named COO effective Oct 1, 2021; joins from Applied Materials where he served as Managing Director.
On June 12, 2025, Onto Innovation Inc. (the “Company”) announced that Brian Roberts has been appointed as the Company’s Chief Financial Officer (“CFO”) effective as of June 16, 2025 (the “Hire Date”) .
On June 12, 2025, Onto Innovation, Inc. (the “Company” or “Onto Innovation”) and Mr. Mark Slicer, the Company’s Chief Financial Officer (“CFO”), agreed to mutually terminate Mr. Slicer’s employment with the Company, effective immediately.
On April 1, 2025, Dr. Srinivas Vedula notified Onto Innovation Inc. (the “Company”) that he will be resigning from his position as the Company’s Senior Vice President, Customer Success to pursue other opportunities, as of April 8, 2025.
Election of Director Effective July 16, 2024, the Board of Directors (“the Board”) of Onto Innovation Inc. (the “Company”) elected Stephen S. Schwartz to the Board for a term continuing until the 2025 Annual Meeting of Stockholders
Effective March 15, 2024, the Board of Directors (“the Board”) of Onto Innovation Inc. (the “Company”) elected Susan Lynch to the Board for a term continuing until the 2024 Annual Meeting of Stockholders, when all directors will be subject to election by stockholders.
On January 8, 2024, Karen M. Rogge, currently a member of the Board of Directors (the "Board") of Onto Innovation Inc. (the "Company"), notified the Board of her voluntary decision to retire from the Company's Board and to not stand for re-election at the 2024 Annual Meeting of Stockholders (the "Annual Meeting"), which is expected to be held in May 2024.
Mr. James Harlow notified Onto Innovation Inc. (the “Company”) that he will be resigning from his position as the Company’s Chief Operating Officer, as of May 5, 2023.
On April 26, 2023, the Company appointed Mr. Ramil Yaldaei as the Company’s new Chief Operating Officer, effective on or about May 5, 2023.
Effective January 24, 2023, the Board of Directors (“the Board”) of Onto Innovation Inc. (the “Company”) appointed Stephen D. Kelley to the Board for a term continuing until the 2023 Annual Meeting of Stockholders, when all directors will be subject to election by stockholders.
The Board of Directors of the Company has appointed Mark Slicer as the Company’s Chief Financial Officer effective on May 17, 2022
Steven R. Roth, Senior Vice President and Chief Financial Officer of Onto Innovation Inc. (the “Company”), has retired from his position effective May 17, 2022.
Effective March 21, 2022, the Board of Directors ("the Board") of Onto Innovation Inc. (the "Company") appointed May Su to the Board to hold office until the 2022 Annual Meeting of Stockholders (the "Annual Meeting").
Max materiality 0.90 · Median 0.65 · Most common event earnings