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...
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 earned a total compensation of about $1 million, which included a salary of $360,000 and significant stock options. His approach to pay is strategic: targeting bonuses based on performance metrics related to operating profit. Over the years, he has influenced not just his own pay but also the salaries of other executives, showing his commitment to team performance. The company operates in a competitive environment, and under his guidance, it has aimed to maintain market competitiveness in attracting and retaining talent. Interestingly, despite gains in company performance, his 2007 compensation showed a thoughtful balance between fixed pay and performance-based rewards. Overall, Clarence is someone who sees the big picture, using his skills to drive both his career and the company's growth forward without losing sight of the team's effort and contribution.