07.24.17
Applied Materials, Inc. announced that Dan Durn will join the company as SVP on Aug. 7, 2017 and assume the role of CFO on Aug. 24. Durn is currently CFO of NXP Semiconductors N.V. Bob Halliday will remain with the company to support a smooth transition and move to a new role focused on business development. 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.”
Durn joined NXP in 2015, having served as CFO of Freescale up until the merger with NXP. Prior to Freescale, he was CFO and executive vice president of finance and administration at GLOBALFOUNDRIES. Previously, he was head of M&A and strategy at Advanced Technology Investment Company (ATIC), a $15 billion private equity company, and he also served as vice president in technology investment banking at Goldman, Sachs & Company and was a member of its merger leadership group.
“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.”
Durn joined NXP in 2015, having served as CFO of Freescale up until the merger with NXP. Prior to Freescale, he was CFO and executive vice president of finance and administration at GLOBALFOUNDRIES. Previously, he was head of M&A and strategy at Advanced Technology Investment Company (ATIC), a $15 billion private equity company, and he also served as vice president in technology investment banking at Goldman, Sachs & Company and was a member of its merger leadership group.