FormFactor Management
Management criteria checks 3/4
FormFactor's CEO is Mike Slessor, appointed in Oct 2013, has a tenure of 12.08 years. total yearly compensation is $5.30M, comprised of 11.2% salary and 88.8% bonuses, including company stock and options. directly owns 0.69% of the company’s shares, worth $26.35M. The average tenure of the management team and the board of directors is 1.8 years and 6 years respectively.
Key information
Mike Slessor
Chief executive officer
US$5.3m
Total compensation
| CEO salary percentage | 11.17% |
| CEO tenure | 12.1yrs |
| CEO ownership | 0.7% |
| Management average tenure | 1.8yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
Revenues Not Telling The Story For FormFactor, Inc. (NASDAQ:FORM) After Shares Rise 38%
Nov 03
FormFactor: The Positives May Be Priced In For Now
Oct 31FormFactor, Inc. (NASDAQ:FORM) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Sep 19When Should You Buy FormFactor, Inc. (NASDAQ:FORM)?
Jul 22Does FormFactor (NASDAQ:FORM) Have A Healthy Balance Sheet?
Jun 21FormFactor, Inc.'s (NASDAQ:FORM) Shares Climb 27% But Its Business Is Yet to Catch Up
May 20Here's Why Shareholders May Want To Be Cautious With Increasing FormFactor, Inc.'s (NASDAQ:FORM) CEO Pay Packet
May 09Returns On Capital Signal Tricky Times Ahead For FormFactor (NASDAQ:FORM)
Apr 21Some FormFactor, Inc. (NASDAQ:FORM) Shareholders Look For Exit As Shares Take 25% Pounding
Apr 05Should You Think About Buying FormFactor, Inc. (NASDAQ:FORM) Now?
Mar 26FormFactor Q4: Murky Short-Term Outlook Continues To Weigh On The Company
Mar 03FormFactor's (NASDAQ:FORM) Anemic Earnings Might Be Worse Than You Think
Feb 14These 4 Measures Indicate That FormFactor (NASDAQ:FORM) Is Using Debt Safely
Jan 31At US$47.80, Is FormFactor, Inc. (NASDAQ:FORM) Worth Looking At Closely?
Dec 25FormFactor: GenAI Propels The Company Forward
Dec 20FormFactor (NASDAQ:FORM) Will Be Hoping To Turn Its Returns On Capital Around
Dec 07FormFactor, Inc.'s (NASDAQ:FORM) Shares May Have Run Too Fast Too Soon
Nov 19FormFactor: The AI Thesis Gets Murky
Oct 14Should You Investigate FormFactor, Inc. (NASDAQ:FORM) At US$44.78?
Sep 20
Advanced Packaging And Silicon Photonics Propel Growth Amidst Profit Margin Pressure And Geopolitical Concerns
Accelerating adoption of advanced packaging and chiplet technologies in DRAM and foundry/logic markets boosts demand for FormFactor's products, impacting revenue growth.FormFactor (NASDAQ:FORM) Could Be Struggling To Allocate Capital
Sep 02There May Be Underlying Issues With The Quality Of FormFactor's (NASDAQ:FORM) Earnings
Aug 15Risks Still Elevated At These Prices As FormFactor, Inc. (NASDAQ:FORM) Shares Dive 34%
Aug 03FormFactor: A Compelling Investment Opportunity In Advanced Semiconductor Testing
Jul 30Is FormFactor (NASDAQ:FORM) Using Too Much Debt?
Jul 12Why FormFactor, Inc. (NASDAQ:FORM) Could Be Worth Watching
Jun 06FormFactor, Inc.'s (NASDAQ:FORM) 43% Price Boost Is Out Of Tune With Earnings
May 22FormFactor: Perhaps In Not As Good A Shape As It First Appears
May 14FormFactor (NASDAQ:FORM) Will Be Hoping To Turn Its Returns On Capital Around
Apr 30FormFactor, Inc.'s (NASDAQ:FORM) Share Price Could Signal Some Risk
Mar 29FormFactor (NASDAQ:FORM) Has A Pretty Healthy Balance Sheet
Mar 14FormFactor: The AI Bump Continues
Feb 26CEO 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 about average for companies of similar size in the US market ($USD7.16M).
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 | 12.1yrs | US$5.30m | 0.69% $ 26.4m | |
| Senior VP & Executive Advisor | less than a year | US$1.96m | 0.057% $ 2.2m | |
| Senior VP & CFO | less than a year | no data | 0.015% $ 578.1k | |
| Senior Vice President of Global Operations | 1.8yrs | no data | no data | |
| Senior Vice President & Chief Technical Officer | 11.8yrs | no data | no data | |
| Senior VP & Chief Information Officer | 5.1yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Senior VP | 1.8yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 3.8yrs | no data | no data | |
| Senior Vice President & Chief Commercial Officer | 1.8yrs | no data | no data | |
| Senior VP & GM of Probes Business Unit | 1.8yrs | no data | no data | |
| Senior VP & GM of Systems Business Unit | 4.8yrs | no data | no data |
Experienced Management: FORM's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 12.1yrs | US$5.30m | 0.69% $ 26.4m | |
| Director Emeritus | no data | US$57.06k | no data | |
| Independent Chairman & Lead independent Director | 15.2yrs | US$313.88k | 0.046% $ 1.8m | |
| Director Emeritus | no data | US$213.48k | no data | |
| Independent Director | 1.7yrs | US$280.63k | 0.0059% $ 226.0k | |
| Director Emeritus | no data | US$198.27k | no data | |
| Independent Director | 4.4yrs | US$276.86k | 0.017% $ 640.9k | |
| Independent Director | 3.2yrs | US$292.76k | 0.015% $ 584.6k | |
| Independent Director | 10.3yrs | US$285.76k | 0.037% $ 1.4m | |
| Independent Director | 5.9yrs | US$276.76k | 0.015% $ 566.6k | |
| Independent Director | 6.2yrs | US$273.26k | 0.0085% $ 326.0k |
Experienced Board: FORM's board of directors are considered experienced (6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/23 08:41 |
| End of Day Share Price | 2025/11/21 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 |
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| 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. 8 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. |