Applied Materials CFO Dan Durn departs for Adobe; Bob Halliday named interim CFO

APPLIED MATERIALS INC /DE

Dan Durn, SVP and CFO, leaving Oct. 15 to become CFO at Adobe Inc.
Bob Halliday, former Applied CFO (2013-2017), appointed interim CFO effective immediately.
Halliday receives $710K base salary, 135% target bonus, and $2M retention bonus if he stays until permanent CFO starts.
Company reaffirms Q4 fiscal 2021 guidance unchanged.
CEO Gary Dickerson thanked Durn; Durn cited strong results and shareholder returns.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Daniel J. Durn

Senior Vice President, Chief Financial Officer

AMAT · APPLIED MATERIALS INC /DE

Effective: 2021-09-28
Successor: Robert J. Halliday
Filed: October 1, 2021, 7:59 PM ET

On September 28, 2021, Daniel J. Durn, Applied Materials, Inc.’s (“Applied” or the “Company”) Senior Vice President, Chief Financial Officer, notified the Company he will be leaving Applied to become the CFO at Adobe Inc.

Appointed (interim)

Robert J. Halliday

interim CFO

AMAT · APPLIED MATERIALS INC /DE

Effective: 2021-09-28
Filed: October 1, 2021, 7:59 PM ET

Effective immediately, Robert J. Halliday, age 67, will serve as Applied’s interim CFO while the Company conducts a search for Mr. Durn’s successor.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel J. Durn departed as Senior Vice President, Chief Financial Officer at APPLIED MATERIALS INC /DE.

Action: notified the Company he will be leaving
Role: Senior Vice President, Chief Financial Officer

Exact text from the filing

On September 28, 2021, Daniel J. Durn, Applied Materials, Inc.’s (“Applied” or the “Company”) Senior Vice President, Chief Financial Officer, notified the Company he will be leaving Applied to become the CFO at Adobe Inc.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert J. Halliday was appointed as interim CFO at APPLIED MATERIALS INC /DE.

Action: appointed
Role: interim CFO

Exact text from the filing

Effective immediately, Robert J. Halliday, age 67, will serve as Applied’s interim CFO while the Company conducts a search for Mr. Durn’s successor.

View on SEC.gov

APPLIED MATERIALS INC /DE filing history →

Source: SEC EDGAR

accession 0001193125-21-288919

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