FormFactor Management
Management criteria checks 2/4
FormFactor's CEO is Mike Slessor, appointed in Oct 2013, has a tenure of 12.17 years. total yearly compensation is $5.30M, comprised of 11.2% salary and 88.8% bonuses, including company stock and options. directly owns 0.68% of the company’s shares, worth €25.92M. The average tenure of the management team and the board of directors is 1.9 years and 6.1 years respectively.
Key information
Mike Slessor
Chief executive officer
US$5.3m
Total compensation
| CEO salary percentage | 11.17% |
| CEO tenure | 12.2yrs |
| CEO ownership | 0.7% |
| Management average tenure | 1.9yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 27 2025 | n/a | n/a | US$41m |
| Jun 28 2025 | n/a | n/a | US$44m |
| Mar 29 2025 | n/a | n/a | US$54m |
| Dec 28 2024 | n/a | n/a | US$70m |
| Sep 28 2024 | n/a | n/a | US$136m |
| Jun 29 2024 | n/a | n/a | US$121m |
| Mar 30 2024 | n/a | n/a | US$103m |
| Dec 30 2023 | US$7m | US$550k | US$82m |
| Sep 30 2023 | n/a | n/a | -US$7m |
| Jul 01 2023 | n/a | n/a | -US$7m |
| Apr 01 2023 | n/a | n/a | US$22m |
| Dec 31 2022 | US$5m | US$556k | US$51m |
| Sep 24 2022 | n/a | n/a | US$90m |
| Jun 25 2022 | n/a | n/a | US$107m |
| Mar 26 2022 | n/a | n/a | US$94m |
| Dec 25 2021 | US$5m | US$500k | US$84m |
| Sep 25 2021 | n/a | n/a | US$77m |
| Jun 26 2021 | n/a | n/a | US$80m |
| Mar 27 2021 | n/a | n/a | US$82m |
| Dec 26 2020 | US$5m | US$500k | US$79m |
| Sep 26 2020 | n/a | n/a | US$78m |
| Jun 27 2020 | n/a | n/a | US$63m |
| Mar 28 2020 | n/a | n/a | US$50m |
| Dec 28 2019 | US$4m | US$500k | US$39m |
| Sep 28 2019 | n/a | n/a | US$106m |
| Jun 29 2019 | n/a | n/a | US$105m |
| Mar 30 2019 | n/a | n/a | US$107m |
| Dec 29 2018 | US$4m | US$500k | US$104m |
Compensation vs Market: Mike's total compensation ($USD5.30M) is above average for companies of similar size in the German market ($USD2.30M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Slessor (55 yo)
Dr. Michael D. Slessor, also known as Mike, is Director of Benchmark Electronics, Inc. from October 2025. He has been the Chief Executive Officer at FormFactor Inc. since December 28, 2014 and serves as it...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 12.2yrs | US$5.30m | 0.68% € 25.9m | |
| Senior VP & Executive Advisor | less than a year | US$1.96m | 0.057% € 2.2m | |
| Senior VP & CFO | less than a year | no data | 0.016% € 605.1k | |
| Senior Vice President of Global Operations | 1.9yrs | no data | no data | |
| Senior Vice President & Chief Technical Officer | 11.9yrs | no data | no data | |
| Senior VP & Chief Information Officer | 5.2yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Senior VP | 1.9yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 3.9yrs | no data | no data | |
| Senior Vice President & Chief Commercial Officer | 1.9yrs | no data | no data | |
| Senior VP & GM of Probes Business Unit | 1.9yrs | no data | no data | |
| Senior VP & GM of Systems Business Unit | 4.9yrs | no data | no data |
Experienced Management: FMF's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 12.2yrs | US$5.30m | 0.68% € 25.9m | |
| Director Emeritus | no data | US$57.06k | no data | |
| Independent Chairman & Lead independent Director | 15.3yrs | US$313.88k | 0.046% € 1.8m | |
| Director Emeritus | no data | US$213.48k | no data | |
| Independent Director | 1.8yrs | US$280.63k | 0.0059% € 225.5k | |
| Director Emeritus | no data | US$198.27k | no data | |
| Independent Director | 4.5yrs | US$276.86k | 0.017% € 639.5k | |
| Independent Director | 3.3yrs | US$292.76k | 0.015% € 583.3k | |
| Independent Director | 10.3yrs | US$285.76k | 0.038% € 1.5m | |
| Independent Director | 6yrs | US$276.76k | 0.015% € 565.3k | |
| Independent Director | 6.3yrs | US$273.26k | 0.0085% € 325.3k |
Experienced Board: FMF's board of directors are considered experienced (6.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/27 05:00 |
| End of Day Share Price | 2025/12/23 00:00 |
| Earnings | 2025/09/27 |
| Annual Earnings | 2024/12/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
FormFactor, Inc. is covered by 18 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Muse | Barclays |
| Craig Ellis | B. Riley Securities, Inc. |
| Matthew Prisco | Cantor Fitzgerald & Co. |