Ultra Clean Holdings Inc. announced that Mr. James Scholhamer has accepted an offer to become the company's chief executive officer, effective January 19, 2015. Mr. Scholhamer will also join the company's board of directors effective as of his first day of employment. The company's current chairman and chief executive officer, Clarence Granger, has decided to retire as an officer of the company, effective January 19th.

Mr. Granger will remain the company's non-executive chairman of the board of directors. Mr. Scholhamer has had an eight-year tenure at Applied Materials Inc., 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, Mr. Scholhamer was Chief Operating Officer, Chief Technology Officer and Executive Vice President of Applied Films Corporation, which was acquired by Applied Materials in 2006.