Bruce Ragsdale to Join Ichor as Chief Operating Officer

Rhea-AI Summary

Ichor Holdings, Ltd. (NASDAQ: ICHR) announces the appointment of Bruce Ragsdale as the new COO, effective December 12, 2022. He will oversee global operations and supply chain, bringing nearly 30 years of industry experience. Ragsdale's previous roles include vice president at Intel and senior vice president at ASM International, focusing on operations and supply chain management. His expertise is expected to contribute significantly to the company's operational and financial objectives.

Positive

• Appointment of Bruce Ragsdale as COO expected to enhance operational efficiency.
• Ragsdale brings nearly 30 years of experience in semiconductor capital equipment.

Negative

• None.

FREMONT, Calif.--(BUSINESS WIRE)-- Ichor Holdings, Ltd. (NASDAQ: ICHR), a leader in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment, today announced the appointment of Bruce Ragsdale as the company’s new chief operating officer (COO), effective December 12, 2022. Mr. Ragsdale will be responsible for overseeing Ichor’s global operations and supply chain.

“We are very pleased to welcome Bruce Ragsdale to Ichor as our new COO,” said Jeff Andreson, CEO. “Bruce brings nearly 30 years of manufacturing, engineering, and supply chain experience in the semiconductor capital equipment industry. He has a stellar track record of operational excellence at both Applied Materials and ASM International, and has a wealth of experience around the globe that will enable him to make valuable contributions toward the execution of our operational and financial objectives.”

Mr. Ragsdale most recently served as vice president, supply chain sourcing at Intel Corporation. He previously served as senior vice president, global operations and supply chain at ASM International, where from 2015 until 2022 he was responsible for all aspects of worldwide operations, including engineering, manufacturing, supply chain and logistics. Prior to ASM International, Mr. Ragsdale spent over 20 years at Applied Materials, where he most recently served as vice president, global supply chain management in Singapore, from 2013 to 2015. Mr. Ragsdale earned his bachelor’s degree in electrical engineering from DeVry University and his MBA focused on technology management and product commercialization from the University of Phoenix.

About Ichor

We are a leader in the design, engineering and manufacturing of critical fluid delivery subsystems and components primarily for semiconductor capital equipment, as well as other industries such as defense/aerospace and medical. Our primary product offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices. Our gas delivery subsystems deliver, monitor and control precise quantities of the specialized gases used in semiconductor manufacturing processes such as etch and deposition. Our chemical delivery subsystems precisely blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes such as chemical-mechanical planarization, electroplating, and cleaning. We also provide precision-machined components, weldments, e-beam and laser welded components, precision vacuum and hydrogen brazing, surface treatment technologies, and other proprietary products. We are headquartered in Fremont, CA. https://ir.ichorsystems.com/

View source version on businesswire.com: https://www.businesswire.com/news/home/20221128005766/en/

Larry Sparks, CFO 510-897-5200

Claire McAdams, IR & Strategic Initiatives 530-265-9899

IR@ichorsystems.com

Source: Ichor Holdings, Ltd.

FAQ

Who is the new COO of Ichor Holdings?

Bruce Ragsdale has been appointed as the new COO of Ichor Holdings.

When does Bruce Ragsdale start his role at Ichor Holdings?

Bruce Ragsdale will begin his role as COO on December 12, 2022.

What experience does Bruce Ragsdale have in the semiconductor industry?

Bruce Ragsdale has nearly 30 years of experience, including roles at Intel and ASM International.

What will Bruce Ragsdale's responsibilities be at Ichor Holdings?

He will oversee Ichor's global operations and supply chain.