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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)
04/07/201618:57:40Statement of Changes in Beneficial Ownership (4)
03/14/201619:35:26Statement of Changes in Beneficial Ownership (4)
03/14/201619:32:11Statement of Changes in Beneficial Ownership (4)
03/14/201619:30:48Statement of Changes in Beneficial Ownership (4)
03/14/201619:25:28Statement of Changes in Beneficial Ownership (4)
03/14/201619:24:25Statement of Changes in Beneficial Ownership (4)
03/14/201619:21:30Statement of Changes in Beneficial Ownership (4)
03/14/201619:20:11Statement of Changes in Beneficial Ownership (4)
03/14/201619:17:28Statement of Changes in Beneficial Ownership (4)
03/14/201619:15:47Statement of Changes in Beneficial Ownership (4)
03/14/201619:14:20Statement of Changes in Beneficial Ownership (4)
03/11/201617:03:48Current Report Filing (8-k)
03/10/201617:30:36Applied Materials Announces Cash Dividend
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03/07/201616:05:26Applied Materials Honored as a 2016 World's Most Ethical Company
02/24/201607:30:38Applied Materials' Robert Visser Honored by Society of Information...
02/23/201607:30:29Applied Materials to Present at Upcoming Investor Conference
02/18/201618:50:00Applied Materials Gives Upbeat Profit Outlook
02/18/201616:07:32Current Report Filing (8-k)
02/18/201616:01:11Applied Materials Announces First Quarter 2016 Results

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