View PDFLam Research Corporation Appoints Scott J. Landstrom As Vice President, Global Field Operations FREMONT, Calif., May 7, 2001 - Lam Research Corporation (Nasdaq: LRCX) today announced the appointment of Scott J. Landstrom as vice president of global field operations. In this newly created position, Landstrom will oversee regionally based operational activities involving sales, marketing, and service. He will report to the Office of the CEO, consisting of James W. Bagley, chairman and CEO, and Stephen G. Newberry, president and COO. Previously, Landstrom held the position of vice president of business development at KLA-Tencor. Landstrom's 16-year professional background includes extensive executive leadership and technical experience in the semiconductor industry.
At KLA-Tencor, Landstrom also served as general manager of several product divisions in the defect inspection business. He has extensive strategic and operational experience, including holding the position of president and CEO of SiScan Systems, Inc., and managing an M&A consulting firm. Additionally, his technical background includes directing worldwide R&D and engineering programs at DuPont Photomasks, Inc.
"We created this new position to strengthen executive leadership close to the customer interface, enhance worldwide communication internally, and unify operational structure for all geographic regions," said Stephen G. Newberry, president and COO. "Scott's extensive industry-specific leadership and technical experience will be invaluable as we continue to strengthen our global infrastructure and position the company for future growth."
This press release contains certain forward-looking statements which are subject to the Safe Harbor provisions created by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to the Company's ability to achieve corporate objectives and the specific contributions of its personnel to those objectives. Such statements are based on current expectations and are subject to risks, uncertainties, and changes in condition, such as a continued downturn in the semiconductor equipment market affecting existing orders and shipment schedules, and other risks detailed in documents filed with the Securities and Exchange Commission, including specifically the report on Form 10-K for the year ended June 25, 2000, and the Form 10-Q for the quarter ended December 24, 2000. The company undertakes no obligation to update the information in this Press Release.
Lam Research Corporation is a leading supplier of front-end wafer processing equipment and services to the worldwide semiconductor manufacturing industry. The company’s common stock trades on the Nasdaq National Market under the symbol LRCX. Lam’s World Wide Web address is http://www.lamrc.com.