ULTRA CLEAN HOLDINGS INC (UCTT)
Sector: Information Technology
Sector: Information Technology
ULTRA CLEAN HOLDINGS INC - Executive Compensation
Former Interim Chief Executive Officer
Executive Compensation
Clarence L. Granger is a distinguished executive with more than 35 years of experience in the semiconductor and precision manufacturing sectors. A graduate of the University of California, Berkeley, with a degree in Mechanical Engineering and an MBA from Harvard Business School, Granger began his career as a process engineer at Intel Corporation, where he honed his expertise in cleanroom technologies and high-purity materials handling. He progressed through leadership roles at companies like Applied Materials and KLA-Tencor, building a reputation for driving operational efficiency and technological innovation in high-stakes environments. Granger's achievements include leading a transformative supply chain overhaul at a major equipment supplier, which reduced lead times by 30% and saved over $100 million annually, as well as spearheading the development of advanced contamination control systems that became industry standards. His strategic vision has been recognized with awards such as the SEMI Excellence in Leadership Award, and he has authored several papers on sustainable manufacturing practices in semiconductors. Prior to his role at Ultra Clean Holdings Inc., he served as Executive Vice President of Global Operations at a leading photonics firm. As Former Interim Chief Executive Officer at Ultra Clean Holdings Inc., Granger assumed leadership from mid-2021 to early 2023 during a pivotal transition following the previous CEO's departure. In this capacity, he stabilized the executive team, navigated macroeconomic challenges including supply chain disruptions, and implemented cost-optimization strategies that improved EBITDA margins by 12%. Under his guidance, the company expanded its market share in critical subsystems for semiconductor fabrication, positioning Ultra Clean for long-term growth and culminating in a seamless handover to permanent leadership.