Ultra Clean Holdings names Alexander Davern to board
Davern brings more than 30 years of industrial and technology leadership and more than 20 years of public-company board experience.
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Form Type
8-K
Rhea-AI Filing Summary
Ultra Clean Holdings, Inc. appointed Alexander Davern to its Board of Directors effective September 28, 2026. Davern spent 1994 to 2020 at National Instruments, serving as chief financial officer from 1998 to 2010, chief operating officer from 2010 to 2016, and chief executive officer from 2017 to 2020; he remained a director until its acquisition by Emerson Electric in 2023. He currently serves on the boards of Cirrus Logic, Inc., Computer Modelling Group Ltd. and Spectris plc, and has more than 20 years of public-company board experience.
Insights
Analyzing...
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 Figures
Age: 60 years
Leadership experience: More than 30 years
Public-company board experience: More than 20 years
+2 more
5 metrics
Age
60 years
Alexander Davern's age
Leadership experience
More than 30 years
Global industrial and technology-intensive businesses
Public-company board experience
More than 20 years
Experience across the U.S., Europe and Canada
National Instruments tenure
1994–2020
Davern served at National Instruments
Chief executive officer tenure
2017–2020
Davern's role at National Instruments
Key Terms
non-employee director compensation policy, indemnification agreement, forward-looking statements
3 terms
non-employee director compensation policy financial
"in accordance with the Company’s non-employee director compensation policy"
indemnification agreement regulatory
"the Company’s standard form of indemnification agreement"
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.
forward-looking statements regulatory
"Forward-looking statements included in this press release"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who joined UCTT's board, and when does the appointment take effect?
Alexander Davern joined Ultra Clean Holdings' Board of Directors effective September 28, 2026. He previously held chief executive officer, chief operating officer and chief financial officer roles at National Instruments.
What compensation will UCTT's new director receive?
Alexander Davern will receive compensation under Ultra Clean's non-employee director compensation policy.
What agreement is expected between UCTT and Alexander Davern?
Ultra Clean expects Davern and the company to enter into its standard form of indemnification agreement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): | ||
(Exact name of Registrant as Specified in Its Charter)
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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 September 28, 2026, the Board of Directors (the “Board”) of Ultra Clean Holdings, Inc. (the “Company”) appointed Alexander Davern to serve as a member of the Board, effective September 28, 2026.
Mr. Davern, age 60, is a former public-company chief executive officer and has more than 30 years of experience in global industrial technology businesses. He served at National Instruments Corporation from 1994 to 2020, including as Chief Executive Officer from 2017 to 2020, Chief Operating Officer from 2010 to 2016, and Chief Financial Officer from 1998 to 2010. Mr. Davern remained a director of National Instruments through its acquisition by Emerson Electric Co. in 2023. He currently serves as an independent director of Cirrus Logic, Inc., Computer Modelling Group Ltd. and Spectris plc. Mr. Davern holds a Bachelor of Commerce degree from University College Dublin and a diploma in professional accounting.
Mr. Davern will receive compensation for his service as a director in accordance with the Company’s non-employee director compensation policy. In connection with his appointment, the Company expects that Mr. Davern and the Company will enter into the Company’s standard form of indemnification agreement, previously filed with the SEC.
There are no arrangements or understandings between Mr. Davern and any other person pursuant to which he was selected as a director. Mr. Davern is not a party to any transaction with the Company that would require disclosure under Item 404(a) of Regulation S-K.
On September 30, 2026, the Company issued a press release announcing Mr. Davern’s appointment to the Board. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit | Exhibit Description | |||||||
| 99.1 | Press Release dated September 30, 2026 | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
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.
| ULTRA CLEAN HOLDINGS, INC. | |||||||||||
| Date: | September 30, 2026 | By: | /s/ Paul Y. Cho | ||||||||
| Name: Paul Y. Cho Title: General Counsel and Corporate Secretary | |||||||||||
Exhibit 99.1
| Press Release | Source: Ultra Clean Holdings, Inc. | ||||
Ultra Clean Appoints Alexander Davern to Board of Directors
HAYWARD, Calif., September 30, 2026 - /PRNewswire/ — Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today announced the appointment of Alexander Davern to serve on its Board of Directors, effective September 28, 2026.
“Alex brings significant experience across global technology and manufacturing‑focused businesses, along with a strong record of board leadership,” said James Xiao, Chief Executive Officer. “His expertise will strengthen our Board’s strategic insight as we execute UCT 3.0 and position Ultra Clean for sustained, long-term growth.”
Mr. Davern has more than 30 years of leadership experience in industrial and technology‑intensive businesses. He spent nearly three decades at National Instruments, serving as Chief Financial Officer, Chief Operating Officer, Chief Executive Officer, and Director, where he helped scale the company across more than 50 countries.
Mr. Davern also brings more than 20 years of public‑company board experience across the U.S., Europe, and Canada. He currently serves as Audit Chair of Cirrus Logic, Compensation Chair of Computer Modeling Group, and a director of Spectris. His prior board roles include Chairman of ESI Group, Lead Independent Director of FARO Technologies, and director positions at Helen of Troy and SigmaTel.
He holds a Bachelor of Commerce degree and a diploma in professional accounting from University College Dublin.
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 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 provides 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.
Safe Harbor Statement
The foregoing information contains, or may be deemed to contain, “forward‑looking statements” (as defined in the U.S. Private Securities Litigation Reform Act of 1995) which reflect our current views with respect to future events and financial performance. We use words such as “anticipates,” “projection,” “outlook,” “forecast,” “believes,” “plan,” “expect,” “future,” “intends,” “may,” “will,” “estimates,” “see,” “predicts,” “should,” and similar expressions to identify these forward‑looking statements. Forward‑looking statements included in this press release include our expectations about the semiconductor capital equipment market and outlook. All forward‑looking statements address matters that involve risks and uncertainties. Accordingly, the Company’s actual results may differ materially from the results predicted or implied by these forward‑looking statements. These risks, uncertainties, and other factors also include, among others, those identified in “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and elsewhere in our annual report on Form 10‑K for the year ended December 26, 2025, as filed with the Securities and Exchange Commission. Ultra Clean Holdings, Inc. undertakes no obligation to publicly update or review any forward‑looking statements, whether as a result of new information, future developments, or otherwise unless required by law.
Contact
Rhonda Bennetto
SVP, Investor Relations
rbennetto@uct.com