8-K
Entegris Inc (ENTG)
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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) January 23, 2023
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Entegris, Inc.
(Exact name of registrant as specified in its charter)
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| Delaware | 001-32598 | 41-1941551 | |||||
|---|---|---|---|---|---|---|---|
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | 129 Concord Road, | Billerica, | MA | 01821 | |
| --- | --- | --- | --- | ||||
| (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:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common stock, $0.01 par value per share | ENTG | The Nasdaq Stock Market LLC |
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 January 23, 2023, Entegris, Inc. (the "Company") announced that Greg Graves plans to retire from his position as Executive Vice President, Chief Financial Officer and Treasurer after 20 years of distinguished service and leadership with the Company. The Company is conducting a search to identify his successor, considering both internal and external candidates. Mr. Graves and the Company plan for him to remain as Chief Financial Officer until his successor is in place and with the Company for a period thereafter to ensure a smooth transition. A copy of the press release announcing the retirement of Mr. Graves is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| EXHIBIT INDEX | |
|---|---|
| Exhibit<br>No. | Description |
| 99.1 | Press Release, dated January 23, 2023 |
| 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: January 23, 2023 | By: | /s/ Joseph Colella | |
| Name: | Joseph Colella | ||
| Title: | Senior Vice President, General Counsel <br>and Secretary | 0 |
Document
NEWS RELEASE
Exhibit 99.1
Entegris Chief Financial Officer Greg Graves Plans to Retire
Company Initiates Search for Successor
BILLERICA, Mass. – January 23, 2023 – Entegris, Inc. (Nasdaq: ENTG), a leading supplier of advanced materials and process solutions for the semiconductor and other high-technology industries, today announced that Greg Graves, executive vice president and chief financial officer, plans to retire in 2023.
The company has initiated a search to identify its next CFO with the assistance of a leading executive search firm and will consider both internal and external candidates. Graves will continue to serve as CFO until his successor is appointed and is expected to remain with the company through a transition period.
“Through his strategic insights, financial discipline and commitment to excellence, Greg has played a critical role at Entegris for the last two decades,” said Bertrand Loy, president and chief executive officer of Entegris. “Over the past 17 years as CFO, Greg has built and solidified our global finance and IT organizations, overseen the successful completion of many strategic acquisitions and integrations; with a shared focus on creating value for all stakeholders. On a personal note, Greg has been a great partner for me in helping Entegris grow from a $700 million company in 2012 when I began as CEO, into the $4 billion global leader we are today. On behalf of the board and management team, I wish Greg all the best in his retirement.”
“It has been a privilege to lead the finance and IT organizations and to work alongside Bertrand and the entire team. The culture Bertrand has shaped at Entegris is second to none,” said Graves. “Entegris is well positioned to continue to lead the industry and drive significant shareholder value. I look forward to partnering with our team to achieve a smooth transition and watching the company’s continued success in the years ahead.”
About Entegris
Entegris is the global leader in electronic materials for the semiconductor market. With approximately 10,000 employees across its global operations, Entegris offers the industry’s most comprehensive and innovative unit-driven end-to-end offering for semiconductor customers, in addition to solutions for the life sciences and other advanced manufacturing environments. Entegris’ solutions help customers improve their performance, productivity and yields to enable technologies that transform the world. It has manufacturing, customer service, and/or research facilities in the United States, Canada, China, France, Germany, Israel, Italy, Japan, Malaysia, Singapore, South Korea, Taiwan and the United Kingdom. For more information about Entegris, visit us at www.entegris.com, or follow us on LinkedIn, Twitter, Facebook, and Instagram.
Investor Contact:
Bill Seymour
VP of Investor Relations, Treasury and Communications
T +1 952-556-1844
bill.seymour@entegris.com
Media Contact:
Connie Chandler
Senior Director of Corporate Communications
T +1 978-436-6546
connie.chandler@entegris.com