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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 nathalie.tadena@dowjones.com

Stock News for Applied Materials (AMAT)
DateTimeHeadline
09/01/201507:30:47Applied Materials to Present at Upcoming Investor Conference
08/24/201519:35:23Statement of Changes in Beneficial Ownership (4)
08/20/201516:26:17Quarterly Report (10-q)
08/19/201519:22:27Statement of Changes in Beneficial Ownership (4)
08/13/201518:52:50Applied Materials' Revenue Fails to Meet Expectations--Update
08/13/201517:10:28Applied Materials Gives Weak Guidance
08/13/201516:58:26Applied Materials Gives Weak Guidance
08/13/201516:14:56Current Report Filing (8-k)
08/13/201516:01:31Applied Materials Announces Third Quarter Results
08/10/201521:10:46Applied Materials' No. 2 Executive to Step Down
08/10/201519:34:36Applied Materials' No. 2 Executive to Step Down
08/10/201517:19:31Current Report Filing (8-k)
07/16/201509:30:00Semiconductor Equipment and Materials Stocks Technical Data...
07/13/201519:29:54Applied Materials Demonstrates Success with Fast-Ramping Products...
07/13/201507:31:30Applied Materials Introduces High-Performance ALD Technology...
07/13/201507:30:36Applied Materials' New Etch System Provides Atomic-Level Precision
07/09/201516:40:17Automatic Shelf Registration Statement of Securities of Well-known...
06/26/201519:09:37Statement of Changes in Beneficial Ownership (4)
06/26/201516:14:26Annual Report of Employee Stock Plans (11-k)
06/25/201519:08:20Statement of Changes in Beneficial Ownership (4)

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