ULTRA CLEAN HOLDINGS, INC. (NASDAQ:UCTT) 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 Principal Officers; Election of Directors; Appointment of Principal Officers

On February 15, 2017, the Board of Directors (the “Board”) of Ultra Clean Holdings, Inc. (the “Company”) elected Jeff Andreson to serve as a director of the Company. Mr. Andreson will join the Audit Committee of the Board.

Since September 2014, Mr. Andreson has served as the Chief Financial Officer of Nanometrics Incorporated, a provider of advanced, high-performance process control metrology and inspection systems used primarily in the fabrication of semiconductors and other solid-state devices. Prior to Nanometrics, Mr. served at Intevac Corporation from August 2007 to September 2014 most recently as Executive Vice President, Finance and Administration, Chief Financial Officer, Treasurer and Secretary from August 2007. From June to August 2007, Mr. Andreson served as Executive Vice President, Finance at Intevac. Prior to joining Intevac, Mr. Andreson served 12 years with Applied Materials in various controllership positions within the company most recently as Managing Director and Controller of the $2 billion Applied Materials’ Global Services product group. Mr. Andreson joined Applied Materials in 1995 and held a number of senior financial positions, including: Managing Director, Global Financial Planning and Analysis; Controller, Metron Subsidiary; Controller, North American Sales and Service; and Controller, Volume Manufacturing. From 1989 through 1995, Mr. Andreson held various roles at Measurex Corporation. Mr. Andreson holds an MBA from Santa Clara University and a B.S. degree in finance from San Jose State University.

Mr. Andreson is not currently engaged, and has not been engaged during the last fiscal year, in any related person transaction with the Company within the meaning of Item 404(a) of Regulation S-K.

Mr. Andreson will receive compensation for his service as a director in accordance with the Company’s non-employee director compensation practices as described in the Company’s annual proxy statement. In connection with his appointment to the Board, the Company expects Mr. Andreson and the Company will also enter into the Company’s standard form indemnification agreement as previously filed. 

About ULTRA CLEAN HOLDINGS, INC. (NASDAQ:UCTT)

Ultra Clean Holdings, Inc. is engaged in the design, engineering and manufacture of production tools, modules and subsystems. The Company’s products include precision robotic solutions; gas delivery systems; a range of industrial and automation production equipment products; subsystems that includes wafer cleaning sub-systems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules. It offers its products for the semiconductor capital equipment and equipment industry segments. It also sells to the consumer, medical, energy, industrial, flat panel and research equipment industries. It is focused on providing specialized engineering and manufacturing solutions for these applications. It provides its original equipment manufacturing (OEM) customers an outsourced solution for the development, design, component sourcing, prototyping, engineering, manufacturing and testing of advanced systems. It principal markets include North America, Asia and Europe.

ULTRA CLEAN HOLDINGS, INC. (NASDAQ:UCTT) Recent Trading Information

ULTRA CLEAN HOLDINGS, INC. (NASDAQ:UCTT) closed its last trading session down -0.01 at 12.19 with 219,768 shares trading hands.