Business Context and Reporting Period
This Form 8-K Current Report was filed by Ultra Clean Holdings, Inc. on May 28, 2019. The report addresses significant changes in executive leadership within the company's Semiconductor Services Business.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
- Departure: Scott Nicholas retired as President of the Semiconductor Services Business, effective May 28, 2019. He is expected to remain with the company in an advisory capacity through August 30, 2019.
- Appointment: Bill Bentinck was appointed as the new President of the Semiconductor Services Business, effective May 29, 2019.
- Background: Mr. Bentinck joined the company as Senior Vice President of the same business unit on March 12, 2019. His prior experience includes executive roles at Eugenus, Inc., AXITRON Inc., Lam Research Corporation, and Novellus Systems, Inc.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, outlook, management commentary on future performance, risks, contingencies, or unusual items. The document is limited to the announcement of the leadership transition.
Key Facts for Investor Verification
- Confirm the effective dates of the leadership transition (Nicholas retirement on May 28, 2019; Bentinck appointment on May 29, 2019).
- Verify the transition period details, specifically Mr. Nicholas's advisory role ending August 30, 2019.
- Review Mr. Bentinck's prior tenure at the company (joined March 12, 2019) and his extensive industry background at major semiconductor equipment firms.