Business Context and Reporting Period
Company: Ultra Clean Holdings, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: March 24, 2005
Event: Departure of a Principal Officer and appointment of an Acting Chief Financial Officer.
Key Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The document focuses exclusively on corporate governance changes.
Material Changes
- Resignation: Phillip Kagel, Senior Vice President and Chief Financial Officer, resigned effective immediately for personal reasons.
- Interim Appointment: Kevin Griffin, formerly Chief Administrative Officer and previous CFO (2000–2004), has been appointed Acting Chief Financial Officer.
- Compensation Adjustment: In connection with the new role, Mr. Griffin's annual salary has been increased to $200,000.
Guidance, Outlook, and Risks
Outlook: The Company has initiated an immediate search for a permanent candidate to fill the CFO position.
Risks/Contingencies: The filing notes no specific financial risks or contingencies beyond the operational transition of the CFO role. No guidance regarding future financial performance is provided in this report.
Investor Verification Checklist
- Confirm the timeline for the search and appointment of a permanent Chief Financial Officer.
- Review the attached press release (Exhibit 99.1) for additional context on the resignation.
- Monitor upcoming quarterly filings for any impact of the leadership transition on financial reporting or internal controls.