8-KRegulation FD

APPLIED MATERIALS INC /DE 8-K Report, Regulation FD Disclosure (Mar 29, 2006)

Filed March 29, 2006For Securities:AMAT

Summary

This 8-K filing from Applied Materials, Inc. (AMAT) on March 29, 2006, primarily discloses changes in its Board of Directors and committee appointments following the company's Annual Meeting of Stockholders held on March 22, 2006. Key changes include the election of new directors and the appointment of Michael R. Splinter as CEO. The filing also details the Lead Independent Director, Ethics Ombudsman, and various committee chair and membership assignments for the upcoming year. These updates are important for understanding the governance and leadership structure of the company.

Key Highlights

  • 1James C. Morgan, Michael R. Splinter, and seven other directors were elected to the Board of Directors at the March 22, 2006 Annual Meeting.
  • 2Michael H. Armacost was appointed as the Lead Independent Director, succeeding Herbert M. Dwight, Jr.
  • 3Deborah A. Coleman was appointed as the Ethics Ombudsman.
  • 4Herbert M. Dwight, Jr., Dan Maydan, and Paul R. Low retired from the Board.
  • 5The Audit Committee remains chaired by Dr. Gerhard H. Gerdine, who is also designated as the audit committee financial expert.
  • 6New committee chair and membership appointments were made for various board committees, including Human Resources and Compensation, Corporate Governance and Nominating, Strategy, Investment, and Stockholder Rights Plan Review.
  • 7The information provided is a Regulation FD disclosure and is not intended to be incorporated into other SEC filings.

Frequently Asked Questions

The main purpose of this 8-K filing is to report on significant corporate governance changes, specifically the election of directors and the appointment of key leadership roles and committee members following Applied Materials' Annual Meeting of Stockholders.

The filing announces the election of nine directors to the Board, including James C. Morgan and Michael R. Splinter. Michael H. Armacost was named Lead Independent Director, and Deborah A. Coleman was appointed Ethics Ombudsman.

Yes, Herbert M. Dwight, Jr., Dan Maydan, and Paul R. Low retired from the Board of Directors after many years of service.

These changes are important for investors as they signify continuity and evolution in the company's leadership and governance structure. The appointments to key committees, such as the Audit Committee and Compensation Committee, reflect the company's commitment to oversight and strategic direction.