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Ultra Clean Holdings Executive Compensation (FY25)

UCTT · Hayward, CA · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
James Xiao
Median of the other named officers
$2,354,953
6 officers, excluding the chief executive
Latest say-on-pay support
=
May 22, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 22, 2026Latest filing (8-K): May 26, 2026
16 filings cited on this page
A report that fails to generate is refunded in full
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301 figures on this page: 290 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive of record: James Scholhamer → James Xiao
CEO pay ratio: 191:1 → 169:1 (11.5% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Ultra Clean Holdings' chief executive and what were they paid?
James Xiao was paid $5,984,360 in total compensation as Chief Executive Officer for fiscal 2025.
What was Ultra Clean Holdings' say-on-pay result?
The say-on-pay proposal drew 97.5% of votes cast including abstentions in favor at the meeting held May 22, 2026 for fiscal 2025.
Which companies are in Ultra Clean Holdings' peer group?
The disclosed peer group names Advanced Energy Industries, Alpha & Omega Semiconductor, Amkor, Applied Materials and ASM International, among others.
What is Ultra Clean Holdings' chief executive pay ratio?
The company reported a chief executive pay ratio of 169:1 for fiscal 2025, against median employee compensation of $29,361.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Scholhamer
Chief Executive Officer & Director
◇—◇—◇—◇◇
Vijayan Chinnasami
Chief Operating Officer
◇—◇—◇—◇◇
Sheri Savage
Chief Financial Officer and Senior Vice President of Finance
◇—◇—◇—◇◇
Christopher Cook
President, Products Division
◇◇◇—◇—◇◇
Jeffrey McKibben
Chief Information Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Scholhamer
Chief Executive Officer & Director
◇—◇—◇—◇◇
Vijayan Chinnasami
Chief Operating Officer
◇—◇—◇—◇◇
Sheri Savage
Chief Financial Officer and Senior Vice President of Finance
◇—◇—◇—◇◇
Christopher Cook
President, Products Division
◇—◇—◇—◇◇
Jeffrey McKibben
Chief Information Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Scholhamer
Chief Executive Officer & Director
◇—◇—◇—◇◇
Harjinder Bajwa
Chief Operating Officer
◇◇◇—◇—◇◇
Sheri Savage
Chief Financial Officer and Senior Vice President of Finance
◇—◇—◇—◇◇
Christopher Cook
President, Products Division
◇—◇—◇—◇◇
Jeffrey McKibben
Chief Information Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Xiao
Chief Executive Officer
◇◇◇—◇—◇◇
Christopher Cook
Chief Business Officer
◇—◇—◇—◇◇
James Scholhamer
Former Chief Executive Officer & Director
Departed during or after this year
◇—————◇◇
Harjinder Bajwa
Chief Operating Officer
◇—◇—◇—◇◇
Sheri Savage
Chief Financial Officer and Senior Vice President of Finance
◇—◇—◇—◇◇
Clarence Granger
Former Interim Chief Executive Officer
Departed during or after this year
Served on an interim basis
◇—◇—◇——◇
Jeffrey McKibben
Chief Information Officer
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Christopher S. CookPSU◇◇◇—◇—◇
Christopher S. CookRSU◇——◇——◇
Christopher S. CookRSU◇——◇——◇
Clarence L. GrangerRSU◇——◇——◇
Harjinder BajwaRSU◇——◇——◇
Harjinder BajwaPSU◇◇◇—◇—◇
James XiaoRSU◇——◇——◇
James XiaoRSU◇——◇——◇
James XiaoPSU◇◇◇—◇—◇
Jeffrey L. McKibbenPSU◇◇◇—◇—◇
Jeffrey L. McKibbenRSU◇——◇——◇
Sheri L SavagePSU◇◇◇—◇—◇
Sheri L SavageRSU◇——◇——◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Jeffrey McKibbenRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Christopher CookRSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Sheri SavageRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
James XiaoRSU◇◇——
RSU◇◇——
PSU◇◇——
Harjinder BajwaPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Christopher Cook
Chief Business Officer · Severance agreement
Severance multiple◇
Change-in-control trigger◇
Benefits continuation◇
Clarence Granger
Former Interim Chief Executive Officer · Severance agreement
Severance multiple◇
Benefits continuation◇
Harjinder Bajwa
Chief Operating Officer · Severance agreement
Severance multiple◇
Change-in-control trigger◇
Benefits continuation◇
James Scholhamer
Former Chief Executive Officer & Director · Severance agreement
Severance multiple◇
Change-in-control trigger◇
Benefits continuation◇
James Xiao
Chief Executive Officer · Severance agreement
Severance multiple◇
Change-in-control trigger◇
Equity acceleration on change in control◇
Benefits continuation◇
Jeffrey McKibben
Chief Information Officer · Severance agreement
Severance multiple◇
Benefits continuation◇
Sheri Savage
Chief Financial Officer and Senior Vice President of Finance · Severance agreement
Severance multiple◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Clarence L. Granger
Board chair
◇◇————◇
Ernest E. Maddock
◇◇————◇
Emily M. Liggett
◇◇————◇
Joanne Solomon
◇◇————◇
Thomas T. Edman
◇◇————◇
Jacqueline A. Seto
◇◇————◇
David T. ibnAle
◇◇————◇
James Xiao and James P. Scholhamer served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Advanced Energy Industries AEIS
  • Alpha & Omega Semiconductor AOSL
  • Amkor AMKR
  • Applied Materials AMAT
  • ASM International ASM
  • Axcelis Technologies ACLS
  • Azenta AZTA
  • Benchmark Electronics BHE
  • Cohu COHU
  • Diodes DIOD
  • Entegris ENTG
  • Fabrinet FN
  • FormFactor FORM
  • Ichor ICHR
  • Kimball Electronics KE
  • KLA KLAC
  • Kulicke and Soffa Industries KLIC
  • Lam Research LRCX
  • Methode Electronics MEI
  • MKS Instruments MKSI
  • Nova Measuring Instruments NVMI
  • Onto Innovation ONTO
  • OSI Systems OSIS
  • PDF Solutions PDFS
  • Penguin Solutions PENG
  • Photronics PLAB
  • Plexus PLXS
  • Semtech SMTC
  • Synaptics SYNA
  • Teradyne TER
  • TTM Technologies TTMI
  • Veeco Instruments VECO

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 22, 2026=◇◇◇
2024May 21, 2025=◇◇◇
2023May 22, 2024=◇◇◇
2022May 17, 2023=◇◇◇
2021May 19, 2022=◇◇◇
2020May 20, 2021=◇◇◇
2019June 2, 2020=◇◇◇
2018May 23, 2019=◇◇◇
2017May 15, 2018=◇◇◇
2016May 24, 2017=◇◇◇
2015May 26, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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- James Xiao (Chief Executive Officer), FY2025 total compensation $5,984,360 (base salary $202,077) [exec_comp, SEC accession 0001140361-26-016813, filed 2026-04-27]

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What this page does not include

Everything above is a fact Ultra Clean Holdings disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Ultra Clean Holdings sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
301 figures on this page: 290 cited to the filing that reported them, 11 calculated from figures it prints.
290 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001628280-26-038205
    Proposal 3 Approval, by non-binding advisory vote, of the compensation paid by the Company to its Named Executive Officers.
  2. 0001140361-26-016813
    CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards · and 1 more section
  3. 0001628280-25-027946
    Proposal 3 Approval, by non-binding advisory vote, of the compensation paid by the Company to its Named Executive Officers.
  4. 0001140361-25-016015
    Summary Compensation Table
  5. 0001628280-24-025440
  6. 0001140361-24-022572
    Summary Compensation Table
  7. 0000950170-23-023110
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001140361-23-019658
    Summary Compensation Table
  9. 0000950170-22-010412
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000950103-21-007712
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000950103-20-011063
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000950103-19-006784
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0000950103-18-012920
    Employment Agreement
  14. 0000950103-18-006245
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0000950103-17-005041
    Item 5.07 Submission of Matters to a Vote of Security Holders
  16. 0000950103-16-013846
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Velarion, “Ultra Clean Holdings executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/UCTT (accessed 2026).
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16 filings cited on this page
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Tech — Hardware rankings

Chief executive pay — Tech — HardwareCEO pay ratio — Tech — HardwareSay-on-pay support — Tech — Hardware

Peers Ultra Clean Holdings discloses

The companies named in UCTT's own disclosed peer group.

Advanced Energy IndustriesAlpha & Omega SemiconductorAmkorApplied MaterialsAxcelis TechnologiesAzentaBenchmark ElectronicsCohuDiodesEntegrisFabrinetFormFactorIchorKimball ElectronicsKLAKulicke and Soffa IndustriesLam ResearchMethode ElectronicsMKS InstrumentsOnto InnovationOSI SystemsPDF SolutionsPenguin SolutionsPhotronics

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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