Business Context and Reporting Period
This Form 8-K Current Report was filed by Applied Materials, Inc. on December 22, 2009, covering events occurring on December 21, 2009. The filing addresses a change in executive leadership and associated compensatory arrangements.
Key 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 personnel and compensation updates.
Material Changes
Effective December 21, 2009, George S. Davis was promoted from Senior Vice President, Chief Financial Officer, to Executive Vice President, Chief Financial Officer. In connection with this promotion, his annual base salary increased to $575,000, effective December 28, 2009.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- George S. Davis was promoted to Executive Vice President, Chief Financial Officer.
- Mr. Davis's new annual base salary is $575,000.
- The salary increase is effective December 28, 2009.
- The promotion reflects broader responsibilities for the CFO role.