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...

Number of Employees

6.66K

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.

SEC Filing

From April 28, 2008