Applied Materials appoints Brice Hill as CFO, effective March 7, 2022

APPLIED MATERIALS INC /DE

Brice Hill, former Xilinx CFO, succeeds interim CFO Bob Halliday; Halliday stays as advisor.
Hill receives $675k base salary, 135% target bonus, $2M sign-on bonus, and $8.5M in RSUs.
RSUs vest in three equal installments on Apr 1 of 2023, 2024, 2025 subject to continued employment.
Sign-on bonus subject to full or pro-rata repayment if Hill resigns or is terminated for cause within two years.
Hill brings 25 years of semiconductor finance experience from Intel and Xilinx.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Brice Hill

Senior Vice President, Chief Financial Officer

AMAT · APPLIED MATERIALS INC /DE

Effective: 2022-03-07
Filed: March 7, 2022, 6:59 PM ET

appointed Brice Hill, age 55, Senior Vice President, Chief Financial Officer, of the Company, effective on March 7, 2022

Role change

Robert J. Halliday

Corporate Vice President and Advisor

AMAT · APPLIED MATERIALS INC /DE

Effective: 2022-03-07
Successor: Brice Hill
Filed: March 7, 2022, 6:59 PM ET

Mr. Hill will succeed Robert J. Halliday, the Company’s interim Chief Financial Officer. Mr. Halliday will remain with the Company to support a smooth transition and resume his role as a Corporate Vice President and Advisor.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Brice Hill was appointed as Senior Vice President, Chief Financial Officer at APPLIED MATERIALS INC /DE.

Action: appointed
Role: Senior Vice President, Chief Financial Officer

Exact text from the filing

appointed Brice Hill, age 55, Senior Vice President, Chief Financial Officer, of the Company, effective on March 7, 2022

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert J. Halliday changed role as Corporate Vice President and Advisor at APPLIED MATERIALS INC /DE.

Action: succeeded
Role: Corporate Vice President and Advisor

Exact text from the filing

Mr. Hill will succeed Robert J. Halliday, the Company’s interim Chief Financial Officer. Mr. Halliday will remain with the Company to support a smooth transition and resume his role as a Corporate Vice President and Advisor.

View on SEC.gov

APPLIED MATERIALS INC /DE filing history →

Source: SEC EDGAR

accession 0001193125-22-067015

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