secwatch.observer — SEC 8-K summary
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Issuer:     APPLIED MATERIALS INC /DE (AMAT)
CIK:        0000006951
Form:       8-K
Filed at:   2021-10-01T23:59:59+00:00
Accession:  0001193125-21-288919
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6951/000119312521288919/0001193125-21-288919-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6951/000119312521288919/d211495d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-288919

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer