Lam Research said its board appointed Ita M. Brennan, age 57, and Mark Fields, age 63, as directors on August 28, 2024, effective August 30, 2024, and that the board size was increased by 2.

1. 01

   Lam Research said its board appointed Ita M. Brennan, age 57, and Mark Fields, age 63, as directors on August 28, 2024, effective August 30, 2024, and that the board size was increased by 2.

2. 02

   The company said Ms. Brennan served as Senior Vice President and Chief Financial Officer of Arista Networks from May 2015 to February 2024, and previously served as Chief Financial Officer at QuantumScape and Infinera.

3. 03

   The company said Mr. Fields served as President and Chief Executive Officer of Ford Motor Company from July 2014 to May 2017, has been a Senior Advisor at TPG Capital LP since October 2017, and also sits on the board of QUALCOMM Incorporated.

4. 04

   The company said Ms. Brennan will join the Audit Committee and Mr. Fields will join the Compensation and Human Resources Committee, both effective November 5, 2024. It added that both directors will receive compensation under the company's policy for non-employee directors and will enter into the company's standard indemnification agreement.

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