Applied Materials appoints Qualcomm CFO/COO Akash Palkhiwala to board

APPLIED MATERIALS INC /DE

Akash Palkhiwala elected to board and Audit Committee effective Aug 27, 2026.
Palkhiwala serves as Qualcomm CFO (since 2019) and COO (since 2024).
Compensation: $100k annual retainer, $25k audit retainer, RSUs worth $250k prorated.
RSUs vest March 1, 2027, subject to continued service as director.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Akash Palkhiwala

Director and Audit Committee member

AMAT · APPLIED MATERIALS INC /DE

Effective: 2026-08-27
Filed: August 27, 2026, 4:12 PM ET

On August 27, 2026, the Board of Directors (the “Board”) of Applied Materials, Inc. (“Applied” or the “Company”) elected Akash Palkhiwala to the Board and the Board’s Audit Committee, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Akash Palkhiwala was elected as Director and Audit Committee member at APPLIED MATERIALS INC /DE.

Action: elected
Role: Director and Audit Committee member

Exact text from the filing

On August 27, 2026, the Board of Directors (the “Board”) of Applied Materials, Inc. (“Applied” or the “Company”) elected Akash Palkhiwala to the Board and the Board’s Audit Committee, effective immediately.

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APPLIED MATERIALS INC /DE filing history →

Source: SEC EDGAR

accession 0001628280-26-059257

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