Ultra Clean Holdings Hires James Scholhamer As CEO; Granger To Retire

(RTTNews) - Ultra Clean Holdings, Inc. (UCTT) said Monday that James Scholhamer has accepted an offer to become the company's Chief Executive Officer, effective January 19.

Scholhamer will also join the Ultra Clean Board of Directors effective as of his first day of employment.

Ultra Clean's current Chairman and Chief Executive Officer, Clarence Granger, has decided to retire as an officer of the company, effective January 19. Granger will remain Ultra Clean's non-executive Chairman of the Board of Directors.

Scholhamer has had an eight-year tenure at Applied Materials, Inc. (AMAT), and has most recently been Corporate Vice President and General Manager, leading the Equipment Products Group and Display Services Group of Applied Materials' Global Service Division. Prior to joining Applied Materials, Scholhamer was Chief Operating Officer, Chief Technology Officer and Executive Vice President of Applied Films Corp., which was acquired by Applied Materials in 2006.