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Ultra Clean Names James Xiao as Chief Executive Officer

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Ultra Clean Holdings (Nasdaq: UCTT) has appointed James Xiao as its new Chief Executive Officer, effective September 2, 2025. The appointment brings significant semiconductor industry expertise to UCT, with Xiao's track record of leading multi-billion-dollar expansion initiatives at Applied Materials.

Xiao brings over two decades of experience in semiconductor, solar, and display industries. His background includes successful leadership in driving growth through cutting-edge technologies, market expansion, and operational excellence. He holds a B.S. in Applied Physics from Dalian University of Technology and an MBA from Indiana University's Kelley School of Business.

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Positive

  • New CEO brings extensive semiconductor industry experience spanning over two decades
  • Proven track record in managing multi-billion-dollar business units at Applied Materials
  • Strong background in operational excellence and margin improvements

Negative

  • Potential transition period may create temporary operational uncertainties

News Market Reaction – UCTT

+5.83%
1 alert
+5.83% Session close to close
$1.03B Market Cap
0.0x Rel. Volume

In the Aug 7 session, UCTT gained 5.83%, reflecting a notable positive market reaction.

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HAYWARD, Calif., Aug. 6, 2025 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), announced today that its Board of Directors has appointed James Xiao as Chief Executive Officer of UCT effective September 2, 2025.

"We are very excited to have Mr. Xiao join UCT at this pivotal time, bringing deep industry expertise, a strong strategic mindset, and a track record of leading high-performance teams through growth and transformation," said Clarence Granger, Chairman of UCT. "James is an accomplished technology executive in the semiconductor capital equipment industry known for driving multi‑billion‑dollar expansion initiatives and will be responsible for driving UCT's continued growth." 

Mr. Xiao is a proven technology leader with a successful track record of unlocking value through cutting‑edge technologies, market expansion, and operational excellence. With over two decades of experience in the semiconductor, solar, and display industries, James has led multi‑billion‑dollar business units at Applied Materials, delivering impressive annual growth. He is recognized for transforming complex global operations into high‑performing, revenue‑generating businesses and for delivering measurable margin improvements through strategic change initiatives. James holds a B.S. in Applied Physics from Dalian University of Technology and an MBA from Indiana University's Kelley School of Business, along with executive leadership training at Stanford University.

About Ultra Clean Holdings, Inc.

Ultra Clean Holdings, Inc. is a leading developer and supplier of critical subsystems, components, parts, and ultra-high purity cleaning and analytical services primarily for the semiconductor industry. Under its Products division, UCT offers its customers an integrated outsourced solution for major subassemblies, improved design-to-delivery cycle times, design for manufacturability, prototyping, and high-precision manufacturing. Under its Services Division, UCT offers its customers tool chamber parts cleaning and coating, as well as micro-contamination analytical services. Ultra Clean is headquartered in Hayward, California. Additional information is available at www.uct.com.

Contact:

Rhonda Bennetto
SVP Investor Relations
rbennetto@uct.com

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SOURCE Ultra Clean Holdings, Inc.

FAQ

Who is the new CEO of Ultra Clean Holdings (UCTT)?

James Xiao has been appointed as the new CEO of Ultra Clean Holdings, effective September 2, 2025.

What is James Xiao's background before joining Ultra Clean Holdings?

James Xiao has over 20 years of experience in semiconductor, solar, and display industries, previously leading multi-billion-dollar business units at Applied Materials.

When will James Xiao start as Ultra Clean Holdings CEO?

James Xiao will begin his role as CEO of Ultra Clean Holdings on September 2, 2025.

What are James Xiao's educational qualifications?

James Xiao holds a B.S. in Applied Physics from Dalian University of Technology, an MBA from Indiana University's Kelley School of Business, and completed executive leadership training at Stanford University.

Why did Ultra Clean Holdings choose James Xiao as CEO?

Ultra Clean Holdings selected James Xiao for his deep industry expertise, strong strategic mindset, and proven track record of leading high-performance teams through growth and transformation in the semiconductor capital equipment industry.