Company Leadership Change - Jim Scholhamer has resigned as CEO of Ultra Clean Holdings, Inc. for personal health reasons, effective immediately [1] - Clarence Granger, the Chairman of the Board and founding CEO, will serve as interim CEO while a search committee is formed for a permanent replacement [1] Executive Background - Clarence Granger has been a member of UCT's Board of Directors since May 2002 and has extensive experience within the company, having served in various roles including COO and CEO [2] - Granger's leadership is recognized for his deep knowledge of UCT's business, strategy, and operations, as well as his global network of relationships [2] Company Performance and Strategy - Under Jim Scholhamer's leadership, UCT experienced significant growth during semiconductor cycles and the global pandemic, building a strong team to support growth strategies [3] - UCT has diversified its portfolio, expanding offerings to support all stages of industry growth, including fab construction and equipment servicing [3] - The company is well-positioned to meet increasing demand with operational excellence and high-quality products and services [3] Company Overview - Ultra Clean Holdings, Inc. is a leading developer and supplier of critical subsystems and services for the semiconductor industry, including ultra-high purity cleaning and analytical services [5] - The company offers integrated outsourced solutions for major subassemblies and high-precision manufacturing [5]
Ultra Clean Announces Clarence Granger as Interim CEO