Sundar PichaiSundar Pichai earned $164M in 2023

Clarence Granger is the CEO of Ultra Clean Holdings, a company he has led since 2006. With a strong focus on management, he has been influential in setting performance goals that align executive compensation with company profits. In 2007, Clarence...

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Clarence Granger

Ex-CEO of Ultra Clean Holdings

Field of Expertise

Business & Management

Sector of Economy

Technology

CEO of Ultra Clean Holdings for

11 years 1 month (Aug 2006 - Oct 2017)

Previous Experience

Unknown

Holdings

See how much did Clarence Granger make over time.

As of 2007, Clarence Granger had significant investments in Ultra Clean Holdings, holding over 658,000 stock options. His wealth was closely tied to the company's performance, with many of these options set to vest after certain conditions were met. Notably,...

Total Stock Sold

$13.47M

UCTT

$13.47M

991,230 UCTT shares

What if they kept their stock?

If Clarence Granger didn't sell their stock, today they would have:
Extra UCTT991,230 shares worth $14.79M.
This is 9.81% and $1.32M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Clarence Granger.

UCTT

$25.15K

UCTT at $25.15/share

Mar 7, 2025

Purchase

UCTT

3,647 shares

UCTT

May 22, 2024

Received

UCTT

$217.48K

UCTT at $43.50/share

May 9, 2024

Sale

UCTT

5,296 shares

UCTT

May 17, 2023

Received

UCTT

3,701 shares

UCTT

May 19, 2022

Received

UCTT

$152.49K

UCTT at $50.83/share

Jan 26, 2022

Sale

UCTT

2,699 shares

UCTT

May 20, 2021

Received

UCTT

$622.18K

UCTT at $39.05/share

Jan 12, 2021

Sale

UCTT

$154.47K

UCTT at $38.00/share

Jan 7, 2021

Sale

UCTT

$465.48K

UCTT at $36.00/share

Dec 4, 2020

Sale

Compensation History

See how much did Clarence Granger make over time.

In fiscal 2007, Clarence Granger's total compensation reached around $1 million. His base salary was $360,000, with the remainder made up of stock options and other benefits. For context, he received a substantial option grant of 80,000 shares at a fair market value of $14.90. This highlights how his compensation package is heavily performance-based. The company targets total cash compensation at competitive levels compared to peers, which is key for attracting and retaining talent in a tough market. Granger’s pay structure reflects a drive to motivate executive performance, underlining the importance of aligning the interests of management with those of shareholders. His thoughtful recommendations to the committee on pay underscore his leadership style, marking him as someone who believes in rewarding value creation over mere tenure.

Year

2007

Total Compensation

$443.46K

Salary

$360.00K

Board Justification

The compensation philosophy aims to attract and retain key personnel while promoting pay for performance, aligning executive compensation with company performance and market competitiveness.

Bonus

$0.00

Board Justification

Mr. Granger's target bonus was set based on performance goals related to operating profit as a percent of revenue, with actual bonuses dependent on achieving these goals.

Other

$83.46K

Board Justification

This includes matching contributions under the 401(k) plan, term life insurance premiums, and car allowance.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2007 as per the provided information.

Performance Metrics

The performance metrics for determining Mr. Granger's compensation included operating profit as a percent of revenue.

Other Ultra Clean Holdings CEOs

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