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Semiconductor Equipment - Berenberg Bank

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Applied Materials Inc<br />

Technology Hardware<br />

Figure 29: Holding structure in June 2013<br />

Harris Associates, 6%<br />

Others,<br />

84%<br />

Blackrock, 5%<br />

Vanguard, 5%<br />

State Street, 0%<br />

Source: Bloomberg data<br />

Management<br />

Chairman and CEO, Michael Splinter<br />

Michael Splinter took over the role of CEO in April 2003, and has been chairman<br />

of the board of directors since March 2009. Prior to joining AMAT, Mr Splinter<br />

was at Intel Corporation, where he held a number of positions, including executive<br />

vice president and director of sales and marketing, and executive vice president and<br />

general manager of the technology and manufacturing group.<br />

CFO, Bob Halliday<br />

Bob Halliday was appointed senior vice president and CFO in February 2013, after<br />

the former CFO, George Davis, left to join Qualcomm. Mr Halliday was executive<br />

vice president and CFO of Varian <strong>Semiconductor</strong> <strong>Equipment</strong> Associates prior to<br />

AMAT’s acquisition of the company in November 2011. Since the acquisition of<br />

Varian, Mr Halliday served as general manager of the implant business unit within<br />

AMAT’s SSG. He previously worked at Ionics, a manufacturer of water treatment<br />

capital equipment, where he served as COO and CFO.<br />

President, Gary Dickerson<br />

Gary Dickerson became president of AMAT in June 2012, and has been working<br />

on integrating newly-acquired companies since joining AMAT following its<br />

acquisition of Varian in November 2011. Mr Dickerson was CFO and a director of<br />

Varian from 2004 until Varian was acquired by AMAT. Prior to joining Varian in<br />

2004, Mr Dickerson served 18 years with KLA-Tencor Corporation, a supplier of<br />

process control and yield management solutions for the semiconductor and related<br />

industries, where he held a number of operations and product development roles<br />

before being appointed COO in 1999 and then president and COO in 2002.<br />

CTO, Om Nalamasu<br />

Om Nalamasu has been group vice president and chief technology officer at<br />

AMAT since January 2012, having served as corporate vice president and chief<br />

technology officer since January 2011. Nalamasu joined AMAT in June 2006, and<br />

until January 2011 was vice president of research and served as deputy chief<br />

technology officer and general manager of the company’s Advanced Technologies<br />

Group.<br />

General manager of SSG, Ranhir Thakur<br />

An executive vice president and general manager of SSG since December 2009,<br />

Ranhir Thakur previously served as senior vice president and general manager of<br />

SSG, and before then as senior vice president and general manager of the Thin<br />

Film Solar and Display division.<br />

114

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