On January 30th, 2013, Applied Materials Inc. (Santa Clara, California, U.S.) announced that George S. Davis is leaving the company as executive vice president and chief financial officer (CFO), effective March 8th, 2013. Davis will be joining Qualcomm Inc. as CFO.

Applied Materials states it expects to name a successor in the coming weeks after a review of both internal and external candidates.

Davis joined Applied Materials in 1999 as corporate treasurer. He was named CFO in 2006 after serving as head of the corporate business development group, where he was responsible for merger and acquisition activities, strategic planning, and management of the Company's venture investments.

"Over the past 13 years, George has made tremendous contributions to Applied Materials as we have grown and diversified our global business. His leadership has made a key contribution to the financial results we have delivered throughout his tenure and to the positive relationship with our stockholders. We wish him every success," Applied Materials Chairman and Chief Executive Officer (CEO) Mike Splinter stated.

2013-02-05 | Courtesy: Applied Materials | solarserver.com © Heindl Server GmbH

Our editorial selection of breaking solar news is published at:
www.solarserver.com/solar-magazine/solar-news/top-solar-news.html