Applied Materials, Inc. (AMAT)

Gary E. Dickerson has run Applied Materials for more than a decade. He is 68, was named president of the company in June 2012 and was appointed chief executive and a board member in September 2013. He arrived through a purchase: he was chief executive and a director of Varian Semiconductor Equipment Associates from 2004 until Applied bought it in November 2011. Before Varian he spent 18 years at KLA-Tencor, a supplier of process control and yield management tools to chipmakers, where he was president and chief operating officer, and he began in manufacturing and engineering management at General Motors' Delco Electronics Division and then AT&T Technologies. On the insider record this site holds he has filed as an officer and a director since 2012. 1234

The annual report names five other executive officers. Brice Hill, 59, has been senior vice president and chief financial officer since March 2022 and also oversees global information services; before that he was chief financial officer of Xilinx from April 2020 until Advanced Micro Devices bought it in February 2022, and he spent 25 years in finance at Intel. Prabu Raja, 63, has led the Semiconductor Products Group since March 2023 and joined Applied in 1995. Timothy M. Deane, 60, has run Applied Global Services since December 2024 and joined in 1995 as well. Teri Little, 61, became chief legal officer and corporate secretary in June 2020, after holding the same title at KLA Corporation. Omkaram Nalamasu, 67, has been chief technology officer since June 2013 and president of Applied Ventures, the company's venture capital arm, since November 2013. 56789

The board turns over slowly. On the insider record this site holds, Thomas J. Iannotti has filed as an Applied director since 2006, the first year the SEC's insider data sets reach; Aart de Geus since 2007 and Alexander Karsner since 2008; Xun Chen since 2015, Judy Bruner since 2016 and Scott A. McGregor since 2018. The newest, Akash J. Palkhiwala, first filed in 2026. In all, 32 people appear on that record, 17 of them filing in the last fifteen months. 4

At the end of fiscal 2025 the company employed about 36,500 regular full-time people across 25 countries, roughly 46% of them in the Asia-Pacific region, 42% in North America and 12% in Europe and the Middle East. Product development, engineering and process support are done mainly in the United States, India and Israel, and customer demonstrations mainly in the United States, China, Taiwan, Israel and South Korea. In the fourth quarter of the year the company approved a workforce reduction plan it expects to touch about 4% of the global workforce, booked 181 million dollars of restructuring charges, mostly severance to be paid in cash, and said it expects to complete the plan in fiscal 2026. 101112