Lam Research ($LRCX) appointed Anirudh Devgan, Ph.D.
Filed with the SEC on · Summarized by InvestorsBot
Lam Research ($LRCX) appointed Anirudh Devgan, Ph.D. to its Board effective Feb 3, 2026; board size increased by one. Devgan joins the Innovation & Technology Committee. He's CEO of Cadence (since Dec 2021). Standard director pay & indemnification. 🧑💼 #Leadership #Semiconductors
Lam Research ($LRCX) COO Patrick J. Lord will retire effective Mar 6, 2026 after 20+ years (notified Jan 30, 2026). Seshasayee (Sesha) Varadarajan named EVP & COO effective Mar 6, 2026—SVP, Global Products Group since Mar 2023 with long Novellus/Lam tenure. 👋🔁 #Operations #Semiconductors
No special arrangements, related‑party interests, or family ties disclosed for Devgan or Varadarajan. Devgan will enter Lam’s standard indemnification agreement (see Form 10‑Q Ex.10.1). Press releases furnished as Exhibits 99.1 & 99.2. $LRCX 📝 #Governance #Compliance