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 www.appliedmaterials.com.
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Kevin Winston (editorial/media) 408.235.4498
Michael Sullivan (financial community) 408.986.7977
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Source: Applied Materials via Thomson Reuters ONE