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Applied Materials Names Dickerson President

By Nathalie Tadena Applied Materials Inc. (AMAT) has named semiconductor industry veteran Gary Dickerson as its new president, effective Tuesday. Dickerson served as chief executive of Varian Semiconductor Equipment Associates Inc., which Applied Materials acquired in 2011, for seven years. He also held several positions during an 18-year tenure at KLA-Tencor Corp. (KLAC), including chief operating officer. Applied Materials is the largest provider of machines used in making semiconductors, solar panels and displays. The company has broadened its business to include tools used in making solar panels and displays used in computers and TV sets. But supply gluts for manufacturers in those businesses have slowed plans to boost production capacity in the past year and have hurt Applied Materials' results. Last month, Applied Materials reported fiscal second-quarter profit shrank 41% as the semiconductor-equipment maker's margins narrowed, though revenue dropped less than expected. Shares were down by three cents to $11.15 after hours. Through the close, the stock is off 13% over the past three months. Write to Nathalie Tadena at

Stock News for Applied Materials (AMAT)
03/13/201707:30:00Applied Materials Honored as a 2017 World’s Most Ethical Company
03/10/201716:31:29Current Report Filing (8-k)
03/09/201718:00:00Applied Materials Announces Cash Dividend
03/09/201715:16:13Applied Materials Names Thomas J. Iannotti Chairman of the Board...
02/23/201716:12:09Quarterly Report (10-q)
02/15/201716:25:18Current Report Filing (8-k)
02/15/201716:01:00Applied Materials Delivers Record Earnings Per Share
02/13/201708:30:00PV Nano Cell Signs LOI for the $10M Acquisition of Digital Printer...
02/10/201714:40:55Applied Materials Chief Technology Officer Dr. Om Nalamasu Elected...
02/09/201712:48:32Amended Statement of Ownership (sc 13g/a)
02/09/201707:30:00Applied Materials to Present at Upcoming Investor Conferences
02/06/201713:32:40Amended Statement of Ownership (sc 13g/a)
02/03/201707:30:00Applied Materials to Hold Q1 FY2017 Earnings Webcast on February...
01/26/201717:04:08Additional Proxy Soliciting Materials (definitive) (defa14a)
01/26/201717:03:44Proxy Statement (definitive) (def 14a)
01/19/201717:29:35Amended Statement of Ownership (sc 13g/a)
01/03/201718:23:12Statement of Changes in Beneficial Ownership (4)
01/03/201718:21:51Statement of Changes in Beneficial Ownership (4)
01/03/201718:18:43Statement of Changes in Beneficial Ownership (4)
12/15/201616:50:07Annual Report (10-k)

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