Filing Analysis
Shimmick Corp has appointed Sarah Tacker as its new Executive Vice President and Chief Operating Officer, effective April 28, 2026. Ms. Tacker joins from FlatironDragados with 27 years of industry experience and a compensation package including a $500,000 base salary and significant equity grants.
Key Facts
- Sarah Tacker appointed EVP and COO effective April 28, 2026.
- Compensation includes a $500,000 annual base salary and a target bonus of 50% of base salary.
- Equity incentives include a $150,000 sign-on RSU grant and a $500,000 annual RSU grant.
- Ms. Tacker previously served as Vice President and District Manager at FlatironDragados, leading Northern California operations.
- The appointment includes a standard indemnification agreement for directors and officers.
Steven Richards, a director and former CEO of Shimmick Corp, has announced his retirement from the Board effective at the 2026 annual meeting of stockholders. Following his departure, the company expects to reduce its Board size from six to five members.
Key Facts
- Steven Richards notified the board of his retirement on March 20, 2026.
- Retirement is effective as of the end of his term at the 2026 Annual Meeting.
- Richards served as CEO from March 2020 through December 2024.
- Richards has been with the company for 45 years and led the November 2023 IPO.
- The Board size will be reduced to five members upon his retirement.
Shimmick Corp announced its financial results for the fourth quarter and full fiscal year ended January 2, 2026. The report includes operational metrics such as backlog and new awards to provide insight into future revenue streams.
Key Facts
- Financial results released for Q4 and full fiscal year ended January 2, 2026.
- Backlog defined as the total dollar value of work to be performed on contracts awarded and in progress.
- New awards defined as the total dollar value of work on contracts executed during the period.
- The information was furnished under Item 2.02 and is not deemed 'filed' for Section 18 purposes.