People: Lam Research Corp (LRCX.O)

LRCX.O on Nasdaq

48.04USD
17 May 2013
Price Change (% chg)

$0.50 (+1.05%)
Prev Close
$47.54
Open
$47.77
Day's High
$48.11
Day's Low
$47.76
Volume
1,833,652
Avg. Vol
2,265,473
52-wk High
$48.37
52-wk Low
$31.17

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Summary

Name Age Since Current Position

Stephen Newberry

 59 2012 Chairman of the Board

Martin Anstice

 45 2012 President, Chief Executive Officer, Director

Douglas Bettinger

 45 2013 Chief Financial Officer, Executive Vice President

Timothy Archer

 45 2012 Chief Operating Officer, Executive Vice President

Richard Gottscho

 60 2010 Senior Vice President - Global Products, General Manager - Etch Businesses

Sarah O'Dowd

 62 2008 Group Vice President and Chief Legal Officer

Eric Brandt

 50 2010 Independent Director

Michael Cannon

 60 2011 Independent Director

Youssef El-Mansy

 67 2012 Independent Director

Christine Heckart

 46 2011 Independent Director

Grant Inman

 70 1981 Independent Director

Catherine Lego

 55 2006 Independent Director

Krishna Saraswat

 65 2012 Independent Director

William Spivey

 65 2012 Independent Director

Abhijit Talwalkar

 49 2011 Independent Director
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Biographies

Name Description

Stephen Newberry

 Mr. Stephen G. Newberry has been appointed as Chairman of the Board of Lam Research Corporation effective November 1, 2012. He is no longer Vice Chairman of the Board of the Company effective November 1, 2012. Mr. Newberry has been a director of the Company since 2005 and has served as the Vice Chairman of the Company’s board since 2010. He also serves as the Company’s Chief Executive Officer, and previously served as the Company’s President. Mr. Newberry joined the Company in August 1997 as Executive Vice President and Chief Operating Officer. He was appointed President and Chief Operating Officer in July 1998, President and Chief Executive Officer in June 2005, and Vice Chairman and Chief Executive Officer in December 2010. As previously announced, Mr. Newberry is expected to transition from being the Company’s Vice Chairman and Chief Executive Officer to being Vice Chairman effective January 1, 2012. Prior to joining the Company, Mr. Newberry held various executive positions at Applied Materials, Inc. during his 17-year tenure there. Mr. Newberry serves on the boards of directors of Nanometrics Incorporated, a publicly traded company, and of Semiconductor Equipment and Materials International (“SEMI”), a global semiconductor industry trade association. Mr. Newberry previously served as a director of Amkor Technology, Inc., and of Nextest Systems Corporation. Mr. Newberry is a graduate of the U.S. Naval Academy and the Harvard Graduate School of Business.

Martin Anstice

 Mr. Martin B. Anstice is President, Chief Executive Officer, Director of Lam Research Corporation. He joined Lam Research in April 2001 as Senior Director, Operations Controller, was promoted to the position of Managing Director and Corporate Controller in May 2002, was promoted to Group Vice President, Chief Financial Officer and Chief Accounting Officer in June 2004, was named Senior Vice President, Chief Financial Officer and Chief Accounting Officer in March 2007, was promoted to Executive Vice President, Chief Operating Officer, in September 2008, and promoted to President, Chief Operating Officer, in December 2010. In January 2012, Mr. Anstice was appointed President, Chief Executive Officer, and in February 2012, was appointed to the Lam Research Corporation Board of Directors. Mr. Anstice began his career at Raychem Corporation where, during his 13-year tenure, he held numerous finance roles of increasing responsibility in Europe and North America. Subsequent to Tyco International’s acquisition of Raychem in 1999, he assumed responsibilities supporting mergers and acquisition activities of Tyco Electronics. Mr. Anstice is an associate member of the Chartered Institute of Management Accountants in the United Kingdom.

Douglas Bettinger

 Mr. Douglas R. Bettinger has been appointed as the Chief Financial Officer, Executive Vice President of Lam Research Corporation effective March 11, 2013. He most recently served as Chief Financial Officer and Senior Vice President of Avago Technologies Limited, a position he has held since 2008. Prior to Avago, Mr. Bettinger served as Vice President of Finance and Corporate Controller at Xilinx, Inc. Prior to Xilinx, he was Chief Financial Officer at 24/7 Customer, a privately held company, where he established and managed worldwide financial and operations functions. Mr. Bettinger also spent 12 years at Intel Corporation, where he served in several senior-level finance and manufacturing operations positions, including Corporate Planning and Reporting Controller, and was instrumental in implementing Sarbanes-Oxley regulations and managing external reporting duties. He also served as Malaysia Site Operations Controller, overseeing the financial reporting for Intel’s assembly and test facility. Mr. Bettinger holds a Bachelor’s of Science in Economics from the University of Wisconsin and an MBA in Finance from the University of Michigan.

Timothy Archer

 Mr. Timothy M. Archer is Chief Operating Officer, Executive Vice President of Lam Research Corporation. He served as Novellus’ Chief Operating Officer since January 2011. After joining Novellus in 1994, Mr. Archer held a number of positions, including Executive Vice President of Sales, Marketing and Customer Satisfaction from September 2009 to January 2011; Executive Vice President, PECVD and Electrofill Business Units from November 2008 to September 2009; Senior Vice President, PECVD and Electrofill from September 2007 to November 2008; Senior Vice President, Dielectrics Business Group from February 2006 to September 2007; Senior Vice President, PECVD and Electrofill Business Unit from October 2005 to February 2006; Vice President and General Manager for the Electrofill Business Unit from April 2002 to October 2005; Senior Director of Technology for the Electrofill Business Unit from April 2001 to April 2002; and Senior Director of Technology for Novellus Systems Japan from July 1999 to April 2001. Prior to joining Novellus, Mr. Archer was employed at Tektronix, Inc., a provider of communications network management and diagnostic solutions. Mr. Archer completed the Program for Management Development at Harvard Business School and holds a Bachelor of Science degree in Applied Physics from the California Institute of Technology.

Richard Gottscho

 Dr. Richard A. Gottscho is Senior Vice President - Global Products, General Manager - Etch Businesses of Lam Research Corporation. Prior to that time, he had been Group Vice President and General Manager, Etch Businesses since March 2007. Dr. Gottscho joined the Company in January 1996 and has served at various Director and Vice President levels in support of etch products, CVD products, and corporate research. Prior to joining Lam Research, Dr. Gottscho was a member of Bell Laboratories for 15 years where he started his career working in plasma processing. During his tenure at Bell, he headed research departments in electronics materials, electronics packaging, and flat panel displays. Dr. Gottscho is the author of numerous papers, patents, and lectures in plasma processing and process control. He is a recipient of the American Vacuum Society’s Peter Mark Memorial Award and Plasma Science and Technology Division Prize, the Gaseous Electronics Conference Foundation Lecturer, the Dry Process Symposium Nishizawa Award, and the Tegal Thinker Award. He is a fellow of the American Physical and American Vacuum Societies and has served on numerous editorial boards of refereed technical publications, program committees for conferences in plasma science and engineering, and was vice-chair of a National Research Council study on plasma science in the 1980s. Dr. Gottscho earned Ph.D. and B.S. degrees in physical chemistry from the Massachusetts Institute of Technology and the Pennsylvania State University, respectively.

Sarah O'Dowd

 Ms. Sarah A. O'Dowd is Group Vice President and Chief Legal Officer of Lam Research Corporation. She is responsible for general legal matters, intellectual property and ethics & compliance. In addition to her Legal function, in April 2009 she was appointed Vice President of Human Resources and served in this dual capacity from April 2009 through May 2012. Prior to joining Lam Research, Ms. O’Dowd was Vice President and General Counsel for FibroGen, Inc. from February 2007 until September 2008. Until February 2007, Ms. O’Dowd was a shareholder in the law firm of Heller Ehrman LLP for more than twenty years, practicing in the areas of corporate securities, governance and mergers and acquisitions for a variety of clients, principally publicly traded high technology companies. She served in a variety of leadership and management roles at Heller Ehrman, including Managing Partner of the Silicon Valley and San Diego offices, member of the firm’s Policy Committee and, as head of the firm’s business practice groups, a member of the firm’s Executive Committee.

Eric Brandt

 Mr. Eric K. Brandt serves as Independent Director of Lam Research Corporation since 2010. Mr. Brandt serves as Executive Vice President and Chief Financial Officer of Broadcom Corporation, a global supplier of semiconductor devices, a role in which he has served since joining Broadcom in March 2007. From September 2005 to March 2007, Mr. Brandt served as President and Chief Executive Officer of Avanir Pharmaceuticals, Inc., a pharmaceutical company. Prior to Avanir Pharmaceuticals, Mr. Brandt was Executive Vice President-Finance and Technical Operations and Chief Financial Officer of Allergan Inc., a global specialty pharmaceutical company, where he also held a number of other senior positions following his arrival there in May 1999. Mr. Brandt serves as a member of the board of directors and a member of the compensation committee of Dentsply International, Inc., a manufacturer and distributor of dental product solutions. He previously served as a member of the boards of directors of Avanir Pharmaceuticals and of Vertex Pharmaceuticals, Inc., a pharmaceutical company, where he was chair of the audit committee. Mr. Brandt received a B.S. in Chemical Engineering from the Massachusetts Institute of Technology and an M.B.A. from the Harvard Graduate School of Business.

Michael Cannon

 Mr. Michael R. Cannon has been appointed as Independent Director of Lam Research Corporation since February 2011. He is the General Partner of MRC & LBC Partners, LLC. He retired from Dell Inc. in 2009 after serving as Dell’s President of Global Operations from 2007 to 2009. Prior to joining Dell, he was President and Chief Executive Officer and served on the board of directors of Solectron Corporation, which he joined in 2003. From July 1996 until 2003, Mr. Cannon served as President and Chief Executive Officer of Maxtor Corporation, where he also served on the board. Prior to Maxtor, Mr. Cannon held senior management positions at IBM. Mr. Cannon serves on the boards of Adobe Systems, Seagate Technology, and the Elster Group SE. He studied mechanical engineering at Michigan State University and completed the Advanced Management Program at the Harvard Graduate School of Business.

Youssef El-Mansy

 Dr. Youssef A. El-Mansy, Ph.D., serves as Independent Director of Lam Research Corporation since June 4, 2012. He is the retired Vice President, Director of Logic Technology Development, at Intel Corporation, a producer of microchips, computing and communications products, where he was responsible for managing technology development, the processor design center for Intel’s Technology and Manufacturing Group and two wafer manufacturing facilities. Dr. El-Mansy joined Intel in 1979 and led microprocessor technology development at Intel for 20 years. Dr. El-Mansy served on the board of directors of Novellus Systems, Inc., a semiconductor wafer fabrication equipment company, from April 2004 until its merger with Lam Research in June 2012 and on the board of directors of Zygo Corporation, a designer and manufacturer of optical systems, from July 2004 to June 2009. Dr. El-Mansy holds Bachelor of Science and Masters degrees in Electronics and Communications from Alexandria University in Egypt and a Ph.D. in Electronics from Carleton University in Ottawa, Canada.

Christine Heckart

 Ms. Christine A. Heckart serves as Independent Director of Lam Research Corporation since 2011. She is the Chief Marketing Officer of ServiceSource, a service revenue management company. From 2010 to 2012, she was the Chief Marketing Officer at NetApp, Inc., a provider of data storage and management solutions. Ms. Heckart served as General Manager for the TV, video and music business of Microsoft Corporation, a developer of software, services, and hardware, from 2005 to 2010; and she led global marketing at Juniper Networks, Inc., a provider of network infrastructure solutions, from 2002 to 2005. She was President at TeleChoice, Inc, a consulting firm specializing in business and marketing strategies, from 1995 to 2002. Ms. Heckart holds a degree in economics from the University of Colorado at Boulder.

Grant Inman

 Mr. Grant M. Inman is Independent Director of Lam Research Corporation since August 1981. He is the founder and General Partner of Inman Investment Management, a venture investment firm formed in 1998. Prior to 1998, he co-founded and served as General Partner of Inman & Bowman, a venture capital firm formed in 1985. Mr. Inman was a general partner of the investment banking firm Hambrecht & Quist from 1980 to 1985. Mr. Inman has served on the board of directors of Paychex, Inc., a payroll and human resources outsourcing services company, since 1983 and is a Trustee of The University of California, Berkeley Foundation. He previously served as a director of Wind River Systems, Inc., a developer of operating systems, middleware and software development tools, from June 1999 to July 2009. Mr. Inman holds a B.A. degree in economics from the University of Oregon and an M.B.A. from the University of California, Berkeley.

Catherine Lego

 Ms. Catherine P. Lego,CPA, is Independent Director of Lam Research Corporation since 2006. From December 1999 to December 2009, she was the General Partner of The Photonics Fund, LLP, a venture capital investment firm that she founded. Prior to forming The Photonics Fund, she founded Lego Ventures LLC, a consulting services firm for early stage electronics companies, and practiced as a Certified Public Accountant with Coopers & Lybrand, an accounting firm. Ms. Lego currently serves on the board of directors and chairs the audit committee of SanDisk Corporation, a global developer of flash memory storage solutions. She received a B.A. in economics and biology from Williams College and an M.S. in Accounting from the New York University Graduate School of Business.

Krishna Saraswat

 Dr. Krishna C. Saraswat, Ph.D., serves as Independent Director of Lam Research Corporation since June 4, 2012. He has served as the Rickey/Nielsen Professor in the School of Engineering of Stanford University since 2004. He has also served as a Professor of Electrical Engineering and a Professor of Material Science and Engineering at Stanford University since 1983. Dr. Saraswat served on the board of Novellus from February 2011 until its merger with Lam Research in June 2012. Dr. Saraswat received his B.E. degree in Electronics in 1968 from the Birla Institute of Technology and Science, Pilani, India, and his M.S. and Ph.D. degrees in Electrical Engineering in 1969 and 1974, respectively, from Stanford University. At Stanford University he has been engaged in research on new and innovative materials, structures, and process technology of silicon, germanium and III-V devices and interconnects for VLSI and nanoelectronics.

William Spivey

 Dr. William R. Spivey, Ph.D., serves as Independent Director of Lam Research Corporation since June 4, 2012. From July 2000 to September 2001, he was President and Chief Executive Officer of Luminent, Inc., a producer of fiber optic components. From October 1997 to July 2000, he was Group President, Network Products Group of Lucent Technologies, a producer of world-wide communications products. Previously he held senior executive positions at AT&T Microelectronics, a communications company; Tektronix, Inc., a provider of communications network management and diagnostic solutions; Honeywell; and General Electric. Dr. Spivey serves on the boards of directors of Cascade Microtech, Inc., a developer of precision electrical measurement and test of advanced semiconductor devices, and Raytheon Company, a prime contractor on a broad portfolio of defense and related programs for government customers. He also served on the boards of Novellus from May 1998 until its merger with Lam Research in June 2012; Laird PLC, a global provider of products and technology solutions, from 2002 to 2012; ADC Telecommunications, a supplier of networking products and systems, from 2004 to 2010; Lyondell Chemical Company, from 2000 to 2007; and Luminent, from 2000 to 2001. Dr. Spivey holds a Bachelor of Science degree in Physics from Duquesne University, a Masters degree in Physics from Indiana University of Pennsylvania and a Ph.D. in Management from Walden University.

Abhijit Talwalkar

 Mr. Abhijit Y. Talwalkar serves as Independent Director of Lam Research Corporation since February 2011. Since 2005, he has been the President and Chief Executive Officer of LSI Corporation, a provider of silicon, systems and software technologies for the storage and networking markets. Prior to becoming the LSI President and Chief Executive Officer, Mr. Talwalkar acted in several executive leadership roles at Intel from 1993 to 2005. Mr. Talwalkar also serves on the boards of LSI and the U.S. Semiconductor Industry Association, a semiconductor industry trade association. He has a degree in electrical engineering from Oregon State University.

Insider Trading

Name Shares Traded Price

ARCHER TIMOTHY M

 22,500 $45.10

ARCHER TIMOTHY M

 22,500 $36.29

ARCHER TIMOTHY M

 42,188 $45.15

GOTTSCHO RICHARD A

 11,157 $44.90

ARCHER TIMOTHY M

 42,188 $11.09

BETTINGER DOUGLAS R

 58,947 $0.00

ANSTICE MARTIN B

 5,372 $42.59

MADDOCK ERNEST E

 3,581 $42.59

NEWBERRY STEPHEN G

 8,553 $42.59

GOTTSCHO RICHARD A

 3,581 $42.59

MADDOCK ERNEST E

 522 $0.00

MADDOCK ERNEST E

 3,309 $42.59

O DOWD SARAH A

 408 $0.00

O DOWD SARAH A

 2,797 $42.59

O DOWD SARAH A

 2,025 $42.59

ANSTICE MARTIN B

 4,963 $42.59

GOTTSCHO RICHARD A

 3,309 $42.59

NEWBERRY STEPHEN G

 1,468 $0.00

GOTTSCHO RICHARD A

 522 $0.00

NEWBERRY STEPHEN G

 9,257 $42.59

ANSTICE MARTIN B

 783 $0.00

O DOWD SARAH A

 7,380 $0.00

ARCHER TIMOTHY M

 17,601 $0.00

GOTTSCHO RICHARD A

 12,174 $0.00

ANSTICE MARTIN B

 29,335 $0.00
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