Applied Materials appoints Adam Sanders as Chief Accounting Officer effective March 4, 2024

APPLIED MATERIALS INC /DE

Sanders, 52, previously Semiconductor Segment Group CFO, succeeds Charles Read who served as interim principal accounting officer since December 2023.
New annual base salary of $340,000; target bonus for FY2024 of 50% of base salary.
Long-term incentive award of restricted stock units valued at $400,000, vesting 25% on April 1, 2025 and 6.25% quarterly thereafter.

item 5.02

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Appointed

Adam Sanders

Vice President, Corporate Controller and Chief Accounting Officer

AMAT · APPLIED MATERIALS INC /DE

Effective: 2024-03-04
Filed: February 29, 2024, 6:59 PM ET

On February 27, 2024, Applied Materials, Inc. (“Applied” or the “Company”) appointed Adam Sanders as the Company’s Appointed Vice President, Corporate Controller and Chief Accounting Officer (“Chief Accounting Officer”), effective March 4, 2024 (the “Effective Date”).

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Executive change SEC 8-K Item 5.02 confidence 1.0

Adam Sanders was appointed as Vice President, Corporate Controller and Chief Accounting Officer at APPLIED MATERIALS INC /DE.

Action: appointed
Role: Vice President, Corporate Controller and Chief Accounting Officer

Exact text from the filing

On February 27, 2024, Applied Materials, Inc. (“Applied” or the “Company”) appointed Adam Sanders as the Company’s Appointed Vice President, Corporate Controller and Chief Accounting Officer (“Chief Accounting Officer”), effective March 4, 2024 (the “Effective Date”).

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Source: SEC EDGAR

accession 0001193125-24-053557

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