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Ultra Clean Holdings Executive Compensation (FY25)

UCTT · Hayward, CA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 26, 2026
280 figures on this page: 269 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
James Xiao was paid $5,984,360 in total compensation as Chief Executive Officer for fiscal 2025, and the company reported a chief executive pay ratio of 169:1 for fiscal 2025, against median employee compensation of $29,361. 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. The disclosed peer group names Advanced Energy Industries, Alpha & Omega Semiconductor, Benchmark Electronics, Cohu and Diodes, among others. The fiscal 2025 disclosure covers 7 named executive officers.
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
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, Benchmark Electronics, Cohu and Diodes, 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 XiaoPSU◇◇◇—◇—◇
James XiaoRSU◇——◇——◇
James XiaoRSU◇——◇——◇
Jeffrey L. McKibbenRSU◇——◇——◇
Jeffrey L. McKibbenPSU◇◇◇—◇—◇
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◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Christopher CookPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Harjinder BajwaPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Sheri SavagePSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
James XiaoPSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

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◇
Compensation committee chair◇
Equity is delivered as Restricted Stock.
Stock ownership guideline: 3x annual cash compensation ($180,000)

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
  • Benchmark Electronics BHE
  • Cohu COHU
  • Diodes DIOD
  • Fabrinet FN
  • FormFactor FORM
  • Ichor ICHR
  • Kimball Electronics KE
  • Kulicke and Soffa Industries KLIC
  • Methode Electronics MEI
  • MKS Instruments MKSI
  • Onto Innovation ONTO
  • OSI Systems OSIS
  • Penguin Solutions PENG
  • Photronics PLAB
  • Plexus PLXS
  • Semtech SMTC
  • Synaptics SYNA
  • TTM Technologies TTMI

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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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.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
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.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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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.
280 figures on this page: 269 cited to the filing that reported them, 11 calculated from figures it prints.
269 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001628280-26-038205
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001140361-26-016813
    CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · and 1 more section
  3. 0001628280-25-027946
  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. 0000950103-18-006245
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0000950103-17-005041
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 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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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 SemiconductorBenchmark ElectronicsCohuDiodesFabrinetFormFactorIchorKimball ElectronicsKulicke and Soffa IndustriesOSI SystemsPenguin SolutionsPhotronicsPlexusSemtechSynapticsTTM Technologies

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
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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