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Applied Materials Announces Departure of Chief Financial Officer George Davis

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Copyright © Thomson Reuters 2013. All rights reserved.
2013-01-30 23:13:37 -

SANTA CLARA, Calif., January 30, 2013 - Applied Materials, Inc. (Nasdaq:AMAT)
announced today that George S. Davis, executive vice president and chief
financial officer (CFO), will be departing the company effective March 8, 2013.
 The company expects to name a successor in the coming weeks after a review of
both internal and external candidates.  Davis will be taking up the position of
CFO for Qualcomm Incorporated.

"Over the past 13 years, George has made tremendous contributions to Applied
Materials as we have grown and diversified our global business," said Mike
Splinter, chairman and CEO.  "His leadership has made a key contribution to the
financial results we have delivered throughout his tenure and to the positive
relationship with our stockholders.  We wish him every success."

Davis joined Applied Materials in 1999 as 
corporate treasurer.  He was named CFO in 2006 after serving as head of the Corporate Business Development group, where he was responsible for merger and acquisition activities, strategic planning, and management of the Company's venture investments. 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 # # # Contact: Kevin Winston (editorial/media) 408.235.4498 Michael Sullivan (financial community) 408.986.7977 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (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#1674399]

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