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    Jeffrey Andreson

    Chief Executive Officer at Ichor Holdings Ltd
    Board
    Since January 2020
    Age
    63 years
    Education
    Holds an MBA from Santa Clara University and a BS in Finance from San Jose State University.
    Tenure
    Joined ICHR as CFO in 2017, served as President from 2019 to 2020, and assumed the CEO role in January 2020, while joining the board in 2020.

    Also at Ichor Holdings Ltd

    BR
    Bruce Ragsdale
    Chief Operating Officer
    CS
    Christopher Smith
    Chief Commercial Officer
    GS
    Greg Swyt
    Chief Financial Officer

    About

    Jeffrey Andreson, aged 63 , has built a notable career within the technology and financial sectors. His academic background includes earning a Bachelor of Science in Finance from San Jose State University and an MBA from Santa Clara University.

    He joined ICHR in 2017 as CFO, quickly advancing through key roles. He served as President from 2019 until assuming his current role as Chief Executive Officer in January 2020, and he officially joined the board in 2020.

    Prior to his tenure at ICHR, he held significant leadership positions at Nanometrics Incorporated, Intevac, Inc., and Applied Materials, contributing extensive financial and operational expertise to the technology industry.

    $ICHR Performance Under Jeffrey Andreson

    Past Roles

    Organization Role Date Range Details
    Ichor Holdings, Ltd. President 2019 - 2020 Held prior to becoming CEO
    Ichor Holdings, Ltd. Chief Financial Officer (CFO) 2017 - 2019 Held prior to becoming CEO
    Ultra Clean Technology (UCTT) Unspecified Role 2017 Briefly worked at UCTT
    Nanometrics Incorporated (merged into Onto Innovation in 2019) Chief Financial Officer 2014 - 2017
    Intevac, Inc. Chief Financial Officer 2007 - 2014
    Applied Materials, Inc. Various controllership positions 1995 - 2007

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$684,670 AnnualFixed base salary compensation
    Stock Awards$5,481,184 AnnualEquity-based awards
    All Other Compensation$11,500 AnnualEmployer 401(k) matching contributions
    Option Awards$747,494 At exerciseExercised options for 64,200 shares

    Performance Compensation

    Data from  FY 2024

    Performance Compensation

    The Non-Equity Incentive Plan (STI Plan) for 2024 is a cash-based incentive calculated as:

    Base Salary x Target Bonus Percentage x Total STI Score = Total Payout

    MetricWeightFloor (50% Score)Target (100% Score)Ceiling (200% Score)Actual ResultScore
    Revenue (in millions)10% $800 $855 $900 $849 95%
    Non-GAAP Gross Margin25% 14.7% 15.5% 16.2% 12.7% 0%
    Non-GAAP Operating Margin25% 4.1% 4.6% 5.2% 2.2% 0%
    Inventory Turnover Ratio10% 3.5 3.8 4.1 3.0 0%
    • Financial & Inventory Performance (70% weight) is determined by the above metrics.
    • Individual Performance Metrics (30% weight) details are not provided.
    • The actual STI payout for 2024 was $277,788.
    • Vesting Schedule: Not applicable as the incentive is cash-based.
    • Evaluation Period: Fiscal 2024.