Ichor Names CTO Phil Barros CEO as Jeffrey Andreson Resigns
Ichor Holdings' CEO Jeffrey Andreson resigned as chief executive and board member effective November 3, 2025, and the company said the resignation was not due to any disagreement over operations, policies, or practices. The board promoted Chief Technology Officer Philip Barros to CEO and a director effective the same day, with a pay package that includes a $700,000 base salary and a 100% target bonus.
Key points
- Jeffrey Andreson resigned as CEO and director effective November 3, 2025, with his notice given to the board on October 30, 2025.
- Philip Barros, CTO since 2015 and SVP of Engineering since 2010, was appointed CEO and a board member effective November 3, 2025.
- Barros's offer letter provides a $700,000 annual base salary, a cash bonus targeted at 100% of salary, and restricted and performance restricted stock units each with a $1.75 million grant date fair value.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.