LAM Research Corporation Appoints New Director

LAM Research Corporation, a leading provider of wafer fab equipment used in the production of semiconductors, has announced the appointment of Jyoti K. Mehra as a new director of the company. Mehra, who has previously served as Executive Vice President of Human Resources at Gilead Sciences, brings extensive experience in human resources and leadership development to the role. As a director, Mehra will be responsible for overseeing key strategic initiatives and contributing to the company's growth and innovation.

Key Takeaways:

• Jyoti K. Mehra was appointed as a new director of LAM Research Corporation on November 9, 2021.
• Mehra has served as Executive Vice President of Human Resources at Gilead Sciences since July 2019 and previously held positions of increasing responsibility at Novartis Pharmaceuticals Corporation from 2005 to 2017.
• As a director, Mehra will receive compensation consistent with the company's current policies for non-employee directors and will be indemnified against certain liabilities related to her role.
• Mehra's appointment increased the size of the board to 10 members.

Statistics:

• The appointment of Jyoti K. Mehra was announced on November 16, 2021, in a filing with the Securities and Exchange Commission.
• Mehra has over 15 years of experience in human resources and leadership development, with a background in both the pharmaceutical and biotechnology industries.
• The LAM Research Corporation board now consists of 10 members, including Mehra and eight other directors.

Sources:

• United States Securities and Exchange Commission (Form 8-K Filing, November 16, 2021)
• LAM Research Corporation (Company website, press release)