Igor Y. Khandros, born in 1957, has a notable academic background with a Ph.D. in nuclear physics from Yale University. He served as CEO of FormFactor Inc. from 2005 until June 2008, when he transitioned to the role of Executive...

Igor Y. Khandros, born in 1957, has a notable academic background with a Ph.D. in nuclear physics from Yale University. He served as CEO of FormFactor Inc. from 2005 until June 2008, when he transitioned to the role of Executive Chairman. Khandros founded FormFactor, which specializes in advanced semiconductor technology. Under his leadership, the company reached a total compensation of approximately $1.48 million in 2008, a decline influenced by his changing role. His most significant financial year was 2007, where he earned about $1 million more than in 2008. Interestingly, he was granted 100,000 stock options in 2006 and 2007, which shows his commitment to aligning with shareholder interests. Khandros is known for his strategic thinking, especially as he helped navigate the company's path amid challenging performance metrics. Now, as an advisor, he continues to influence the company’s direction, reflecting his lasting impact on the semiconductor industry.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other FormFactor CEOs

F

Igor Y. Khandros

Founder and Ex-CEO of FormFactor

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

CEO of FormFactor for

0 years 0 months (Jun 2008 - Jul 2008)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Igor Y. Khandros

E

Bertrand Loy

CEO of Entegris

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$0.00

Other

$124.12K

Total Holdings

$28.18M

A

Gary E. Dickerson

CEO of Applied Materials

2023 Compensation

Stock

$40.73M

Salary

$1.03M

Bonus

$1.63M

Other

$241.98K

Total Holdings

$259.00M

C

James A. Donahue

CEO of Cohu

2014 Compensation

Stock

$1.18M

Salary

$525.00K

Bonus

$627.75K

Other

$37.68K

Total Holdings

$6.57M

A

Russell J. Low

CEO of Axcelis Technologies

2023 Compensation

Stock

$0.00

Salary

$530.10K

Bonus

$519.07K

Other

$9.90K

Total Holdings

$4.66M

T

Gregory S. Smith

CEO of Teradyne, Inc.

2023 Compensation

Stock

$2.11M

Salary

$850.00K

Bonus

$317.69K

Other

$14.33K

Total Holdings

$10.77M

O

Michael P. Plisinski

CEO of Onto Innovation

2023 Compensation

Stock

$6.75M

Salary

$692.72K

Bonus

$0.00

Other

$1.43K

Total Holdings

$21.26M

Holdings

See how much did Igor Y. Khandros make over time.

Igor Khandros held substantial stakes in FormFactor, with around 2.8 million shares as of early 2009, putting him at 5.7% ownership of the company. This significant holding reflects his deep commitment to the firm. The bulk of his wealth concentrated...

Igor Khandros held substantial stakes in FormFactor, with around 2.8 million shares as of early 2009, putting him at 5.7% ownership of the company. This significant holding reflects his deep commitment to the firm. The bulk of his wealth concentrated in FormFactor's stock shows an alignment with the company's success. He began with a larger stake but saw fluctuations over the years, particularly as he transitioned out of the CEO position. Notably, his investments included just over 2.3 million shares in a trust, and about 508,000 shares from options that were exercisable shortly before his tenure ended at FormFactor. His involvement with the company underscores his belief in its long-term potential, even after stepping back from daily operations.

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Insider Trading

See recent insider trades of Igor Y. Khandros.

No insider trades found for this CEO.

Compensation History

See how much did Igor Y. Khandros make over time.

In 2008, Igor Khandros earned a total compensation of approximately $1.48 million, which included a base salary of $400,000, a bonus tied to company performance, and stock options. His earnings were significantly affected by his transition from CEO to Executive Chairman, leading to a pay cut. A year earlier, in 2007, he earned over $1 million more, reflecting the high performance of the company during that period. His bonuses were tied to specific corporate performance metrics, driving a culture of accountability. The company's strategy emphasized a pay-for-performance alignment, which Khandros helped establish during his time at the top. This included various stock options grants, ensuring he had a vested interest in the firm’s success. He contributed to FormFactor's strategic direction, demonstrating a strong connection between his compensation and the company's overall performance goals.

Year

2008

Total Compensation

$739.20K

Salary

$451.92K

Board Justification

The compensation philosophy aims to attract, retain, and motivate highly skilled individuals while aligning executive interests with stockholder value through a pay-for-performance culture.

Bonus

$98.95K

Board Justification

The bonus for Dr. Khandros was based on corporate performance objectives achieved during the second half of fiscal year 2008, resulting in a payout of 36.6% of the target bonus.

Other

$3.45K

Board Justification

Other compensation includes 401(k) matching contributions.

Restricted Stock

$184.88K(8.5K common stock)

Board Justification

Dr. Khandros acquired 8,500 shares from the second and final settlement of one-half of the restricted stock units awarded to him on February 15, 2005, which vested on April 3, 2008.

Performance Metrics

The performance metrics for determining the bonus were based on corporate performance objectives including bookings, revenue, and non-GAAP operating income.

Other FormFactor CEOs

Here are other CEOs of FormFactor

Mario Ruscev

Ex-CEO of FormFactor

July 2008 - May 2010