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| AMAT > SEC Filings for AMAT > Form 8-K on 21-Sep-2009 | All Recent SEC Filings |
21-Sep-2009
Change in Directors or Principal Officers, Regulation FD Disclosure, Fi
(b) On September 18, 2009, Thomas St. Dennis, Senior Vice President, General Manager Silicon Systems Group and a named executive officer ("NEO"), announced his intention to resign from Applied Materials, Inc. ("Applied"), effective October 2, 2009.
Randhir Thakur, Senior Vice President and, previously, General Manager Display and SunFab Solar Group, has assumed the leadership of the Silicon Systems Group.
Mark R. Pinto, Senior Vice President, Chief Technology Officer, General Manager Energy and Environmental Solutions, has assumed the leadership of the Display and SunFab Solar Group, in addition to his current responsibilities.
(e) In a Current Report on Form 8-K filed on February 12, 2009 with the Securities and Exchange Commission, Applied announced a twenty percent (20%) reduction in the annual base salaries of each of its NEOs, effective February 9, 2009.
On September 15, 2009, the Human Resources and Compensation Committee of Applied's Board of Directors approved the termination of the 20% reduction in the annual base salaries of each of Applied's NEOs, effective November 2, 2009. This termination is part of a broader program to restore employees to their regular base pay.
On September 18, 2009, Applied issued a press release announcing Mr. St. Dennis' resignation and the organizational changes reported above. A copy of the press release is attached hereto as Exhibit 99.1.
The information in this Item 7.01 and in Exhibit 99.1 is furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liabilities under that section, and shall not be deemed to be incorporated by reference into the filings of Applied under the Securities Act of 1933, as amended, regardless of any general incorporation language in such filings.
(d) Exhibits.
Exhibit No. Description
99.1 Press Release issued by Applied Materials, Inc. dated September 18, 2009.
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