Applied Materials Names Gary E. Dickerson as Chief Executive Officer
(Thomson Reuters ONE) -
Michael R. Splinter to Serve as Executive Chairman
SANTA CLARA, Calif., August 15, 2013 - Applied Materials, Inc. announced today
that its Board of Directors has appointed Gary E. Dickerson as president and
chief executive officer (CEO) and Michael R. Splinter as executive chairman of
the Board of Directors, effective September 1, 2013. Mr. Dickerson also was
elected a member of the Board of Directors, effective at the same time. Mr.
Dickerson is currently president of Applied Materials and succeeds Mr. Splinter
who has served as the Company's CEO since 2003.
"As president, Gary has proved to be an outstanding leader and partner, focusing
Applied on new strategies for profitable growth through our unmatched strength
in precision materials engineering," said Mike Splinter. "I welcome him to the
Board and have every confidence that his vision and personal drive will
translate into remarkable success in leading Applied Materials as our next CEO."
"Today, Applied Materials enjoys a stronger foundation than ever before on which
to build momentum for growth," said Gary Dickerson. "We have better and broader
technology, very deep talent and the passion to drive the materials innovation
that will provide the device performance and yield solutions our customers need
to advance and win. Our opportunities have never been greater and I am grateful
to Mike and the board for the privilege to lead Applied into a new era of growth
and success."
A long-time industry leader, Gary Dickerson, 56, has a demonstrated track record
of delivering growth in revenue and profits while achieving recognition for
outstanding customer satisfaction and gaining market share. Mr. Dickerson
served for seven years as CEO of Varian Semiconductor Equipment Associates, Inc.
until its acquisition by Applied Materials in 2011 and spent 18 years at KLA-
Tencor Corporation where he held a variety of operations and product development
roles before serving as president and chief operating officer. He earned a BS
degree in Engineering Management from the University of Missouri, Rolla and an
MBA from the University of Missouri, Kansas City.
Mike Splinter, 62, was named president and chief executive officer of Applied
Materials and a member of its board of directors in 2003, and became chairman of
the board in 2009. Mr. Splinter is a 40-year veteran of the semiconductor
industry and has led Applied to record revenue and profits during his tenure as
CEO. This fall, he will receive the Semiconductor Industry Association's 2013
Robert N. Noyce Award for his outstanding achievements and leadership in support
of the semiconductor industry.
Also today, Applied Materials announced its financial results for the third
quarter of FY2013 and will hold its earnings call beginning at 1:30 p.m. Pacific
Time today. A live webcast will be available at www.appliedmaterials.com. A
replay will be available on the website beginning at 5:00 p.m. Pacific Time
today.
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. Learn more at www.appliedmaterials.com.
# # #
PHOTO: Mike Splinter and Gary Dickerson
PHOTO CAPTION: Applied Materials' Mike Splinter (L) will become executive
chairman of the Board of Directors and Gary Dickerson (R) will become president
and CEO and a member of the Board of Directors, effective Sept. 1, 2013.
Dickerson has served as president since June 2012 and was previously CEO of
Varian Semiconductor Equipment Associates Inc., which was acquired by Applied
Materials in 2011. Splinter has been CEO since 2003.
Contact:
Kevin Winston (Editorial/Media) 408.235.4498
Michael Sullivan (Investment Community) 408.748.5227
PHOTO: Mike Splinter and Gary Dickerson:
http://hugin.info/143724/R/1720359/574324.jpg
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Source: Applied Materials via Thomson Reuters ONE
[HUG#1720359]
Unternehmensinformation / Kurzprofil:
Datum: 15.08.2013 - 22:02 Uhr
Sprache: Deutsch
News-ID 288424
Anzahl Zeichen: 5192
contact information:
Town:
Santa Clara
Kategorie:
Business News
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