Ultra Clean Holdings ( (UCTT) ) has shared an update.
On March 5, 2025, Ultra Clean Holdings announced the resignation of CEO James P. Scholhamer due to personal health reasons, effective March 4, 2025. Clarence L. Granger, the Chairman of the Board, will serve as interim CEO while the board searches for a permanent replacement. Granger, who has extensive experience with the company, will also continue as Chairman. The company has entered into a Separation Agreement with Scholhamer, providing him a lump sum payment. Ultra Clean has been expanding its portfolio and is well-positioned to support significant demand increases in the semiconductor industry.
More about Ultra Clean Holdings
Ultra Clean Holdings, Inc. is a leading developer and supplier of critical subsystems, components, parts, and ultra-high purity cleaning and analytical services primarily for the semiconductor industry. The company offers an integrated outsourced solution for major subassemblies, improved design-to-delivery cycle times, design for manufacturability, prototyping, and high-precision manufacturing through its Products division. Its Services Division provides tool chamber parts cleaning and coating, as well as micro-contamination analytical services. Ultra Clean is headquartered in Hayward, California.
YTD Price Performance: -35.13%
Average Trading Volume: 409,865
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.07B
See more data about UCTT stock on TipRanks’ Stock Analysis page.
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