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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)
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01/27/201617:11:23Additional Proxy Soliciting Materials (definitive) (defa14a)
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12/22/201517:41:38Statement of Changes in Beneficial Ownership (4)
12/22/201517:39:44Statement of Changes in Beneficial Ownership (4)
12/22/201517:38:16Statement of Changes in Beneficial Ownership (4)
12/22/201517:36:33Statement of Changes in Beneficial Ownership (4)
12/22/201517:34:14Statement of Changes in Beneficial Ownership (4)
12/22/201517:32:24Statement of Changes in Beneficial Ownership (4)
12/18/201516:25:36Current Report Filing (8-k)
12/18/201507:30:10Applied Materials Appoints Adrianna Ma to Board of Directors
12/15/201507:30:39Applied Materials' Chorng-Ping Chang Named 2016 IEEE Fellow
12/11/201516:26:25Current Report Filing (8-k)
12/09/201517:33:12Annual Report (10-k)
12/07/201517:00:39Applied Materials Announces Cash Dividend
12/04/201501:40:00Tuna Leaders Call Off Acquisition
12/03/201517:12:42Statement of Changes in Beneficial Ownership (4)
12/01/201507:30:30EVENT ADVISORY: Semiconductor Industry Experts to Examine the...

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