Entegris to retire Materials Solutions president
Entegris, Inc. reported a leadership transition in its Materials Solutions business.
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Form Type
8-K
Rhea-AI Filing Summary
Entegris, Inc. reported a leadership transition in its Materials Solutions business. The company entered into a Transition Agreement and Release with Daniel Woodland, Senior Vice President and President, Materials Solutions, under which he will retire from the company effective June 1, 2026.
Woodland will receive his current base salary through the retirement date and a prorated 2026 short-term incentive payment if earned, paid on the same schedule as other participants. His long-term equity awards granted in 2022–2025 will continue to vest on their existing schedules, while 2026 long-term equity awards will be forfeited at retirement. Olivier Blachier, currently Senior Vice President, Chief Strategy and Innovation Officer, will become President, Materials Solutions on June 1, 2026 and will retain his Chief Innovation Officer role.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Terms
Transition Agreement and Release, short-term incentive compensation plan, long-term equity incentive awards, performance share units, +1 more
5 terms
Transition Agreement and Release regulatory
"entered into a Transition Agreement and Release (the “Agreement”) with Daniel Woodland"
short-term incentive compensation plan financial
"prorated payment under the Company’s short-term incentive compensation plan for 2026, if earned"
long-term equity incentive awards financial
"Mr. Woodland’s annual long-term equity incentive awards granted in 2022, 2023, 2024 and 2025 will continue to vest"
restrictive covenants regulatory
"subject to continued compliance with post-departure restrictive covenants and the non-revocation of the release of claims"
Restrictive covenants are contract terms that limit what a company, its executives, or shareholders can do—like rules that prohibit selling stock, starting a rival business, or taking on certain debts. Think of them as house rules that protect one party’s interests by keeping risky or competitive actions off the table. For investors they matter because these limits affect a company’s flexibility, governance, potential future value and the ease of exiting an investment.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What executive leadership change did Entegris (ENTG) disclose in this 8-K?
Entegris disclosed that Daniel Woodland, Senior Vice President and President, Materials Solutions, will retire effective June 1, 2026. Olivier Blachier, currently Senior Vice President, Chief Strategy and Innovation Officer, will assume the President, Materials Solutions role while remaining Chief Innovation Officer.
When will Entegris executive Daniel Woodland retire from the company?
Daniel Woodland will retire from Entegris on June 1, 2026, defined in the agreement as the Retirement Date. He remains employed until then, receiving his current base salary and eligibility for a prorated 2026 short-term incentive payment if it is earned under the company’s plan.
How will Entegris handle Daniel Woodland’s long-term equity incentive awards?
Long-term equity awards granted to Daniel Woodland in 2022, 2023, 2024 and 2025 will continue to vest on their original schedules, subject to conditions. Awards granted in 2026 will be forfeited as of the June 1, 2026 retirement date under the applicable award agreements.
What compensation will Daniel Woodland receive from Entegris before his retirement?
Daniel Woodland will continue to receive his current base salary until June 1, 2026. He will also be eligible for a prorated 2026 payment under Entegris’s short-term incentive compensation plan, if earned, payable at the same time as payments to other participants in the plan.
What conditions apply to the continued vesting of Entegris equity awards for Daniel Woodland?
Continued vesting of Woodland’s 2022–2025 long-term equity awards depends on compliance with post-departure restrictive covenants and non-revocation of his release of claims. Performance share units will remain outstanding subject to attainment of the applicable performance metrics set in the original award agreements.
What is the Transition Agreement and Release between Entegris and Daniel Woodland?
The Transition Agreement and Release sets terms for Woodland’s retirement, including salary continuation, prorated 2026 incentive eligibility, equity treatment, and a general release of claims. The agreement is dated May 9, 2026 and is filed as Exhibit 10.1, incorporated by reference into the report.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________________________________
FORM 8-K
________________________________________
CURRENT REPORT
PURSUANT TO SECTIONS 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) May 9, 2026
 | ||
_______________________________________
Entegris, Inc.
(Exact name of registrant as specified in its charter)
_______________________________________
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | ||||||||||||||||
(978 ) 436-6500
(Registrant’s telephone number, including area code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
___________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 9, 2026, Entegris, Inc. (the "Company") entered into a Transition Agreement and Release (the “Agreement”) with Daniel Woodland, the Company’s Senior Vice President and President, Materials Solutions, pursuant to which Mr. Woodland will retire from the Company on June 1, 2026 (the "Retirement Date"). Olivier Blachier, who currently serves as the Company’s Senior Vice President, Chief Strategy and Innovation Officer, will succeed Mr. Woodland as the Company’s President, Materials Solutions, effective June 1, 2026, and will retain his role as Senior Vice President, Chief Innovation Officer.
Pursuant to the Agreement, Mr. Woodland will continue to receive his current base salary until the Retirement Date and will be entitled to receive a prorated payment under the Company’s short-term incentive compensation plan for 2026, if earned, payable at the same time as all other Company participants. The Agreement also provides a general release of claims in favor of the Company and its affiliates.
In connection with Mr. Woodland’s retirement, and consistent with the terms of each applicable award agreement, subject to continued compliance with post-departure restrictive covenants and the non-revocation of the release of claims in favor of the Company, Mr. Woodland’s annual long-term equity incentive awards granted in 2022, 2023, 2024 and 2025 will continue to vest in accordance with the vesting schedule set forth in the applicable award agreement (or, for performance share units, remain outstanding subject to attainment of the applicable performance metrics). Pursuant to the terms of each applicable award agreement, Mr. Woodland’s long-term equity incentive awards granted in 2026 will be forfeited effective as of the Retirement Date.
The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, a copy of which is filed herewith as Exhibit 10.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
EXHIBIT INDEX
| Exhibit No. | Description | |||||||
| 10.1 | Transition Agreement and Release, dated May 9, 2026, by and between Entegris, Inc. and Daniel Woodland | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| ENTEGRIS, INC. | ||||||||
| Dated: May 11, 2026 | By: | /s/ Joseph Colella | ||||||
| Name: | Joseph Colella | |||||||
| Title: | Senior Vice President, General Counsel and Secretary | |||||||