Business Context and Reporting Period
This Form 8-K Current Report was filed by Applied Materials, Inc. on September 19, 2016. The report addresses a specific corporate governance event regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to a personnel change and does not contain financial performance data.
Material Changes
On September 19, 2016, Robert H. Swan resigned as a member of the Board of Directors, effective immediately. The resignation is attributed to his new role as Chief Financial Officer of Intel Corporation. The company explicitly states that the departure is not due to any disagreement with the Company regarding its operations, policies, or practices.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on financial performance, or discussion of risks and contingencies beyond the specific event of the director's resignation.
Key Facts for Investor Verification
- Robert H. Swan resigned from the Board of Directors effective September 19, 2016.
- The resignation is voluntary and linked to a new executive position at Intel Corporation.
- There is no reported disagreement between Mr. Swan and Applied Materials, Inc.
- This filing does not include financial results or operational updates.