8-KLeadership ChangesExhibits & Filings

ENTEGRIS INC 8-K Report, Executive Changes (Apr 30, 2026)

Filed April 30, 2026For Securities:ENTG

Summary

Entegris, Inc. (ENTG) announced a significant leadership change in its finance department, appointing Sukhi Nagesh as the new Senior Vice President and Chief Financial Officer, effective May 18, 2026. Mr. Nagesh brings extensive experience from the semiconductor and technology sectors, including previous roles at GlobalFoundries and The Nielsen Company. This appointment follows Michael Sauer's tenure as Interim CFO, who will return to his role as Vice President, Chief Accounting Officer without any disagreements cited. The company is clearly prioritizing seasoned financial leadership to navigate its strategic and operational objectives. Investors should note the comprehensive compensation package offered to Mr. Nagesh, including a substantial base salary, bonus potential, a sign-on bonus, and significant equity awards. The terms of his employment also include standard provisions such as change in control agreements and severance benefits in case of termination without cause. This robust package signals the company's commitment to attracting and retaining top financial talent, which is crucial for financial stability and strategic execution in the dynamic semiconductor industry.

Key Highlights

  • 1Appointment of Sukhi Nagesh as Senior Vice President and Chief Financial Officer, effective May 18, 2026.
  • 2Mr. Nagesh brings nearly 30 years of finance and strategy experience, particularly in the semiconductor and technology industries.
  • 3Michael Sauer transitions from Interim CFO back to Vice President, Chief Accounting Officer.
  • 4Mr. Nagesh's compensation package includes a base salary of $590,000, a target annual bonus of 70% of base salary, a $200,000 sign-on bonus, and an initial equity grant valued at $2,100,000.
  • 5The equity award will be split equally between time-based restricted stock units and performance share units.
  • 6Employment agreement includes standard provisions for executive change in control and severance.
  • 7No known conflicts or family relationships with current directors or officers.

Frequently Asked Questions

Sukhi Nagesh has been appointed as the new Senior Vice President and Chief Financial Officer of Entegris, Inc., effective May 18, 2026.

Mr. Nagesh, 55, has nearly 30 years of experience in finance and strategy, with a strong background in the semiconductor and technology industries. He has held leadership roles at The Nielsen Company, GlobalFoundries Inc., and Marvell Technology, Inc., and has prior experience as a semiconductor research analyst and engineer.

Mr. Nagesh will receive a base salary of $590,000, is eligible for an annual target bonus of 70% of his base salary, a $200,000 sign-on bonus, and an initial equity grant with a target value of $2,100,000, split equally between time-based and performance-based awards.

Michael Sauer, who served as Interim Chief Financial Officer, will transition back to his role as Vice President, Chief Accounting Officer on the effective date of Mr. Nagesh's appointment. His departure from the interim role is not due to any disagreements.