8-KLeadership ChangesExhibits & Filings

APPLIED MATERIALS INC /DE 8-K Report, Executive Changes (Aug 15, 2006)

Filed August 15, 2006For Securities:AMAT

Summary

This Form 8-K filing from Applied Materials, Inc. (AMAT) on August 15, 2006, primarily announces a significant executive transition. Nancy H. Handel, the company's Senior Vice President and Chief Financial Officer, will be retiring effective January 5, 2007. This announcement marks the end of her tenure in a key leadership role. Investors should note the timing of this transition, as it is a considerable period before the actual retirement date. This allows for a planned succession process and potential investor anticipation of new financial leadership. The filing also confirms that a press release detailing this retirement is attached as an exhibit, providing further context and potential insights into the company's communications regarding this change.

Key Highlights

  • 1Nancy H. Handel, Senior Vice President and Chief Financial Officer of Applied Materials, Inc., announced her retirement.
  • 2Ms. Handel's retirement is effective January 5, 2007.
  • 3The company is providing approximately five months' notice before the CFO's departure.
  • 4This filing is classified under Item 5.02 (Departure of Directors or Principal Officers).
  • 5A press release detailing the retirement of Ms. Handel is included as Exhibit 99.1.
  • 6The filing date is August 15, 2006, with the earliest event reported also on August 15, 2006.

Frequently Asked Questions

Nancy H. Handel, the Senior Vice President and Chief Financial Officer, is departing from Applied Materials, Inc. due to retirement.

Ms. Handel's retirement will be effective on January 5, 2007.

The departure of a Chief Financial Officer is a material event for investors, as it can signal potential changes in financial strategy, reporting, or operational focus. The extended notice period suggests a planned transition, which may be viewed positively as it allows time for succession planning.

Yes, a press release issued by Applied Materials, Inc. on August 15, 2006, detailing Ms. Handel's retirement, is attached as Exhibit 99.1 to this Form 8-K filing.