Applied Materials Appoints Dennis D. Powell to Board of Directors
SANTA CLARA, Calif.--(BUSINESS WIRE)--Applied Materials, Inc. today announced the appointment of Dennis D.
Powell to serve on its Board of Directors, effective immediately.
“His
financial expertise and experience in mergers and acquisitions as well
as leading a world-class finance organization makes Dennis a valuable
addition to our Board.”
“We are very pleased to have an executive with
Dennis’ reputation for integrity and strong
financial governance join our Board,” said
James C. Morgan, chairman of Applied Materials. “His
financial expertise and experience in mergers and acquisitions as well
as leading a world-class finance organization makes Dennis a valuable
addition to our Board.”
Mr. Powell is currently Executive Vice President and Chief Financial
Officer of Cisco Systems, Inc. Since joining Cisco in 1997, Mr. Powell
has served as Senior Vice President, Corporate Finance and Vice
President, Corporate Controller. Before joining Cisco, Mr. Powell was
employed by Coopers & Lybrand LLP for 26 years, where he was last a
senior partner. Mr. Powell currently serves as a member of the board of
directors of Intuit, Inc. and serves as Chairman of Intuit’s
Audit Committee. Mr. Powell holds a B.S. in business administration with
a concentration in accounting from Oregon State University.
Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in
Nanomanufacturing Technology™ solutions with a
broad portfolio of innovative equipment, services and software products
for the fabrication of semiconductor chips, flat panel displays, solar
photovoltaic cells, flexible electronics and energy efficient glass. At
Applied Materials, we apply Nanomanufacturing Technology to improve the
way people live. Learn more at www.appliedmaterials.com.
