Ichor Holdings, a prominent player in the semiconductor capital equipment industry, has announced the appointment of Greg F. Swyt as its new chief financial officer (CFO). Greg, who currently serves as the company’s chief accounting officer, will officially assume the role on August 30, 2023, following the retirement of Larry J. Sparks, the current CFO. Sparks, however, has agreed to stay on with the company for up to six months to aid in a smooth transition.
With over 25 years of experience in financial leadership roles within the semiconductor capital equipment and global electronics technology sectors, Greg brings a wealth of expertise to his new position. Before joining Ichor as chief accounting officer in January 2022, he served as CFO of Silvaco Group, Inc., a privately-held provider of EDA tools and semiconductor IP. Prior to that, Greg held various financial positions at Onto Innovation, Nanometrics Incorporated, Intevac, Inc., Applied Materials, Inc., Hewlett Packard, and 2WIRE.
Jeff Andreson, CEO of Ichor Holdings, expressed his confidence in Greg’s abilities and highlighted their long-standing professional relationship spanning multiple companies. He praised Greg’s deep understanding of financial management in the capital equipment industry and noted his swift adaptation to the business since joining Ichor last year. Andreson looks forward to working closely with Swyt as he assumes the role of CFO.
The retiring CFO, Larry J. Sparks, will be leaving a notable legacy at Ichor Holdings. His extended tenure with the company has contributed to its growth and success. Sparks’ decision to assist in the CFO transition for the next few months demonstrates his commitment to ensuring a seamless handover.
The team at Ichor Holdings expresses their appreciation for Larry Sparks’ contributions and wishes him a fulfilling retirement. They look forward to the continued success of the company under the leadership of Greg Swyt as the new CFO.
