Applied Materials Names Gary Dickerson as President
(Thomson Reuters ONE) -
30-year semiconductor industry veteran to assume new role at Applied
Santa Clara, Calif., June 19, 2012 - Applied Materials, Inc. (Nasdaq: AMAT), the
global leader in providing manufacturing solutions for the semiconductor,
display and solar industries, today announced the appointment of Gary Dickerson
as president of the company, effective June 19, 2012. Mr. Dickerson brings more
than 30 years of semiconductor industry experience, including recently as the
chief executive officer of Varian Semiconductor Equipment Associates, Inc.,
which Applied Materials acquired in 2011.
In his role as president of Applied Materials, Gary will report directly to Mike
Splinter, chairman and chief executive officer, and will be responsible for the
day-to-day operation and performance of the company's four business units: the
Silicon Systems Group, Energy and Environmental Solutions, Display and Applied
Global Services.
"Gary is a seasoned and respected leader who brings a wealth of industry
knowledge and an impressive track record of delivering winning products, high
customer satisfaction and strong financial performance," said Mike Splinter.
"At a time when Applied's strategy is focused on enabling the success of our
customers, developing innovative new products and demonstrating shareholder
value, Gary is the right person to provide breakthrough leadership for our
business segments to achieve the bold objectives we have set out for ourselves.
I am delighted to have him join our senior executive team."
"Applied Materials is a great company with enormous talent and far-reaching
global capabilities," said Dickerson. "I look forward to joining an outstanding
team, and doing my part to drive our performance as a leader enabling the
semiconductor, display and solar industries."
During Mr. Dickerson's seven-year tenure as CEO of Varian Semiconductor, the
company delivered record revenue and profits while consistently achieving the
highest industry rankings for customer satisfaction. Prior to Varian, Mr.
Dickerson spent 18 years at KLA-Tencor Corporation where he held a variety of
operations and product development roles before being appointed chief operating
officer in 1999 and then president and chief operating officer in 2002. Mr.
Dickerson started his semiconductor career in manufacturing and engineering
management at General Motors' Delco Electronics Division and AT&T Technologies.
Mr. Dickerson has a BS degree in Engineering Management from the University of
Missouri, Rolla and an MBA from the University of Missouri, Kansas City.
Webcast Information
Applied Materials will discuss this announcement during a webcast that begins at
2:00 p.m. Pacific Time today. The live webcast will be available on Applied
Materials' website at: http://www.appliedmaterials.com/investor-relations.
Replays will be available beginning Wednesday, June 20, 2012 at 8 a.m. PDT (11
a.m. EDT), and will remain available for at least 30 days.
Safe Harbor Statement
This press release contains forward-looking statements, including those
regarding Applied's strategies, opportunities, and capabilities. These
statements are subject to known and unknown risks and uncertainties that could
cause actual results to differ materially from those expressed or implied by
such statements, including: the level of demand for Applied's products, which is
subject to many factors, such as uncertain global economic and industry
conditions, demand for electronic products and semiconductors, and customers'
new technology and capacity requirements; the concentrated nature of Applied's
customer base; Applied's ability to (i) develop, deliver and support a broad
range of products, expand its markets and develop new markets, (ii) effectively
integrate acquired businesses and realize synergies, (iii) timely align its cost
structure with business conditions, and (iv) attract, motivate and retain key
employees; and other risks described in Applied Materials' SEC filings. All
forward-looking statements are based on management's estimates, projections and
assumptions as of June 19, 2012, and Applied undertakes no obligation to update
any forward-looking statements.
About Applied Materials
Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in providing
innovative equipment, services and software to enable the manufacture of
advanced semiconductor, flat panel display and solar photovoltaic products. Our
technologies help make innovations like smartphones, flat screen TVs and solar
panels more affordable and accessible to consumers and businesses around the
world. At Applied Materials, we turn today's innovations into the industries of
tomorrow. Learn more at www.appliedmaterials.com.
PHOTO: Mike Splinter and Gary Dickerson
PHOTO CAPTION: Applied Materials chairman and chief executive officer Mike
Splinter, left, welcomes Gary Dickerson, right, to the company's senior
executive team after he was named President on Tuesday, June 19, 2012. Dickerson
was previously CEO of Varian Semiconductor Equipment Associates Inc., which was
acquired by Applied Materials in 2011.
CONTACTS:
Media Contact: Matt Ceniceros, 408.563.6874
Investor Contact: Michael Sullivan, 408.209.4119
Mike Splinter and Gary Dickerson:
http://hugin.info/143724/R/1620813/517894.jpg
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Applied Materials via Thomson Reuters ONE
[HUG#1620813]
Unternehmensinformation / Kurzprofil:
Datum: 19.06.2012 - 22:06 Uhr
Sprache: Deutsch
News-ID 158050
Anzahl Zeichen: 6560
contact information:
Town:
Santa Clara
Kategorie:
Business News
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