FORMFACTOR, INC. (NASDAQ:FORM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
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FORMFACTOR, INC. (NASDAQ:FORM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Michael Ludwig notified FormFactor, Inc. (the “Company”) on February, 7, 2018 that he intends to retire from his position of Chief Financial Officer of the Company, effective on March 2, 2018. Mr. Ludwig will continue to serve as the Company’s principal financial officer through March 2, 2018. The Company expects that Mr. Ludwig will continue assisting the company for some transition period following his retirement date to support an orderly transition to our new CFO.


About FORMFACTOR, INC. (NASDAQ:FORM)

FormFactor, Inc. designs, develops, manufactures, sells and supports semiconductor probe card products. The Company is a supplier of probe cards to the manufacturers of dynamic random-access memory (DRAM), flash memory devices, microprocessor, chipset and other system on chip (SoC) devices. Semiconductor manufacturers use its probe cards to perform wafer test, which is the testing of the semiconductor die, or chips. The Company’s products utilize a range of technologies, including micro-electromechanical systems (MEMS) technologies, automation systems, various product architectures and design tools. Its MEMS technologies enable manufacturing of multi-material composite spring-like electrically-conductive contact elements. These contact elements, such as its MicroSpring contacts, optimize the relative amounts of force on, and across, a chip’s bond pad, solder bump or copper pillar during the test process, and maintain their shape and position over a range of compression.