Amtech Systems Announces CEO Transition; New CEO Named

What Happened

• Amtech Systems, Inc. announced on Aug 5, 2026 (8-K) that Robert C. Daigle notified the Board he will retire as Chief Executive Officer effective Aug 13, 2026 and will continue as Executive Chairman. The company adopted an Amended and Restated Employment Agreement with Daigle. The Board approved the appointment of Guy Shechter (currently President & COO) as Chief Executive Officer effective Aug 13, 2026, and appointed him to the Board.

Key Details

• Robert C. Daigle’s Executive Chair Agreement: two‑year term, $300,000 annual base salary, grant of 50,000 restricted stock units (RSUs) granted Aug 4, 2026 that vest ratably over two years, and certain change‑in‑control and severance protections.
• Guy Shechter’s CEO package: grant of 25,000 RSUs granted Aug 4, 2026 that vest ratably over three years; he will continue to serve as President.
• Effective dates: RSUs for both executives granted at close of market on Aug 4, 2026; Daigle’s CEO retirement and Shechter’s CEO start date are Aug 13, 2026.
• Background & disclosures: Shechter (age 58) became President & COO on May 19, 2026 and previously held leadership roles at Yield Engineering Systems and Veeco; filing states no disagreements, no related‑party family relationships, and no transactions requiring Item 404(a) disclosure. The Executive Chair Agreement will be filed as Exhibit 10.1.

Why It Matters

• This is a planned leadership transition that keeps the outgoing CEO in an executive chairman role, signaling continuity in management while promoting the current President/COO to CEO. For investors, the agreement creates payroll and equity award obligations (salary + 75,000 RSUs total granted between the two executives) and includes change‑in‑control/severance protections that could affect future cash or equity payouts. The operational impact should be monitored through upcoming company communications and periodic filings.