Applied Materials, Inc. today announced that Dan Durn will join the company as senior vice president on August 7, 2017 and assume the role of chief financial officer on August 24. Mr. Durn, 50, is currently CFO of NXP Semiconductors N.V. Bob Halliday, 63, will remain with the company to support a smooth transition and move to a new role focused on business development. Mr. Halliday is planning to retire towards the end of 2018.
“Dan brings a tremendous combination of experience and knowledge that can help accelerate Applied’s strategy,” said Gary Dickerson, president and CEO. “These are exciting times as our markets are strong and getting stronger, Applied is better positioned than ever before and we have a great platform to drive sustainable profitable growth. Bob has done a terrific job as CFO and I’m confident that Dan is going to step in and help us reach new heights.”
“I am very excited to be joining Applied Materials, a company that has terrific capabilities and is working in the sweet spot of the industry,” said Dan Durn. “I have a great deal of respect for Gary, Bob and the Applied leadership team, and I’m confident that we are going to do great things together. I can’t wait to get started.”