Lam Research appoints Cadence CEO Devgan to board; COO Lord retiring, Varadarajan succeeds

LAM RESEARCH CORP

Dr. Anirudh Devgan (Cadence president & CEO) appointed to Lam board immediately; joins Innovation & Technology Committee.
COO Patrick J. Lord retiring after >20 years; effective March 6, 2026.
Sesha Varadarajan appointed EVP & COO effective March 6, 2026; previously SVP Global Products.
Karthik Rammohan assumes expanded SVP role for Global Operations & Enterprise Solutions.

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