Ultra Clean Holdings Welcomes Michael Keogh as New Chief Financial Officer

Michael Keogh succeeds Sheri Savage, who has played a vital role in steering the company’s financial operations. He will report directly to Chief Executive Officer James Xiao. This transition is part of Ultra Clean’s ongoing efforts to enhance its executive team with professionals who possess a robust background in financial leadership and operational expertise.

Keogh comes to Ultra Clean with over 25 years of experience in global financial and operational leadership, particularly in sectors such as semiconductor manufacturing, advanced manufacturing, automotive, and technology. His diverse experience positions him uniquely to contribute to Ultra Clean’s objectives.

James Xiao expressed confidence in Keogh's abilities, stating, “Mike is a highly accomplished finance executive whose best-in-class experience extends well beyond traditional finance leadership.” He emphasized that Keogh’s strategic vision and expertise in capital markets would be invaluable as the company aims for long-term growth.

Before joining Ultra Clean, Keogh served as the Chief Financial Officer at Ford Model e and Integrated Services. His tenure there was marked by significant contributions to shaping Ford's electric vehicle (EV) strategy and supporting substantial joint ventures amidst a transformative phase for the automotive giant. In a previous role as CFO of Bright Machines, he led a successful financial turnaround, demonstrating his capability to manage and revitalize complex financial landscapes.

Keogh's earlier career includes senior finance leadership roles at industry giants such as Apple, Stanley Black & Decker, and Intel, where he supported global manufacturing, research and development, and enterprise strategy initiatives.

Upon his appointment, Keogh expressed enthusiasm for his new role, stating, “I look forward to partnering with James and the leadership team to help drive the UCT 3.0 strategy and position the company for its next phase of growth.” He highlighted the increasing demand for advanced manufacturing capacity within the semiconductor equipment ecosystem, signaling a promising trajectory for Ultra Clean in the competitive market.

Ultra Clean Holdings, Inc. is recognized as a leading developer and supplier of essential subsystems, components, and ultra-high purity cleaning and analytical services, primarily catering to the semiconductor industry. The company operates two divisions: Products and Services. The Products division provides integrated outsourced solutions for major subassemblies, while the Services division focuses on tool chamber parts cleaning and micro-contamination analytical services. Ultra Clean is headquartered in Hayward, California, and is poised for continued growth with its strategic initiatives.

The appointment of Michael Keogh as CFO marks a pivotal moment for Ultra Clean Holdings as it seeks to capitalize on opportunities within the semiconductor sector. With his extensive background and strategic insight, Keogh is expected to play a crucial role in guiding the company's financial strategies and enhancing shareholder value in the years to come.