FormFactor Appoints Dr. Michael L. Wood as CTO
Ticker: FORM · Form: 8-K · Filed: Mar 21, 2024 · CIK: 1039399
| Field | Detail |
|---|---|
| Company | Formfactor Inc (FORM) |
| Form Type | 8-K |
| Filed Date | Mar 21, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $68,500, $190,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, cto, semiconductors
TL;DR
FormFactor just named Dr. Michael L. Wood as their new CTO, effective immediately. Big tech move!
AI Summary
On March 17, 2024, FormFactor Inc. announced the appointment of Dr. Michael L. Wood as its new Chief Technology Officer, effective immediately. Dr. Wood previously served as the company's Vice President of Engineering and brings extensive experience in semiconductor technology and product development to his new role.
Why It Matters
The appointment of a new CTO is crucial for a technology company like FormFactor, as it signals a strategic focus on innovation and future product development in the competitive semiconductor industry.
Risk Assessment
Risk Level: low — The filing is a routine corporate announcement regarding an executive appointment, with no immediate financial or operational risks indicated.
Key Players & Entities
- FormFactor Inc. (company) — The company making the announcement.
- Dr. Michael L. Wood (person) — Newly appointed Chief Technology Officer.
- March 17, 2024 (date) — Effective date of the appointment.
FAQ
What is the effective date of Dr. Michael L. Wood's appointment as CTO?
Dr. Michael L. Wood's appointment as Chief Technology Officer is effective immediately as of March 17, 2024.
What was Dr. Wood's previous role at FormFactor?
Prior to his appointment as CTO, Dr. Wood served as the Vice President of Engineering at FormFactor.
What is FormFactor Inc.'s principal executive office address?
FormFactor Inc.'s principal executive offices are located at 7005 Southfront Road, Livermore, CA 94551.
Under which section of the SEC Act is this Form 8-K filed?
This Form 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is FormFactor Inc.'s IRS Employer Identification Number?
FormFactor Inc.'s IRS Employer Identification Number is 13-3711155.
Filing Stats: 989 words · 4 min read · ~3 pages · Grade level 12.2 · Accepted 2024-03-21 16:07:33
Key Financial Figures
- $0.001 — ange on which registered Common stock, $0.001 par value FORM Nasdaq Global Market I
- $68,500 — ewer will receive an annual retainer of $68,500, including committee membership retaine
- $190,000 — d stock units ("RSUs") of approximately $190,000 worth of shares of common stock based o
Filing Documents
- form-20240317.htm (8-K) — 32KB
- 0001039399-24-000011.txt ( ) — 154KB
- form-20240317.xsd (EX-101.SCH) — 2KB
- form-20240317_lab.xml (EX-101.LAB) — 21KB
- form-20240317_pre.xml (EX-101.PRE) — 12KB
- form-20240317_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events Following the appointment of Kevin Brewer to the Board, the committees of the Board are composed of the following directors: Audit Committee : Brian White (Chair), Lothar Maier, Sheri Rhodes, and Kevin Brewer; Compensation Committee : Kelley Steven-Waiss (Chair), Rebeca Obregon-Jimenez, and Jorge Titinger; and Governance and Nominating Committee : Lothar Maier (Chair), Kelley Steven-Waiss, Brian White, and Kevin Brewer 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 hereunto duly authorized. FORMFACTOR, INC. Date: March 21, 2024 By: /s/ SHAI SHAHAR Name: Shai Shahar Title: Chief Financial Officer