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AI English summary of an SEC filing — figures as filed

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Lam Research said on February 3, 2026 its board appointed Anirudh Devgan, Ph.D., age 56, as a director effective immediately, and the board size increased by 1.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Lam Research said on February 3, 2026 its board appointed Anirudh Devgan, Ph.D., age 56, as a director effective immediately, and the board size increased by 1.

  2. The company said Dr. Devgan joined the Innovation and Technology Committee on the same day and will receive compensation for his service as a director consistent with the company's current policies for compensation of non-employee directors, and will enter into its standard form of indemnification agreement.

  3. Lam Research said Patrick J. Lord, Ph.D. is retiring from his position as chief operating officer effective March 6, 2026, and notified the company of his decision to retire on January 30, 2026.

  4. The company said Seshasayee (Sesha) Varadarajan, age 51, was appointed as executive vice president and chief operating officer effective March 6, 2026, and has been senior vice president of the Global Products Group since March 2023.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Anirudh Devgan Appointed to Board of Directors

Lam Research said on February 3, 2026 its board appointed Anirudh Devgan, Ph.D., age 56, as a director effective immediately, and the board size increased by 1.

Source · Based on the filing body and exhibits

Devgan Joins Committee and Director Compensation

The company said Dr. Devgan joined the Innovation and Technology Committee on the same day and will receive compensation for his service as a director consistent with the company's current policies for compensation of non-employee directors, and will enter into its standard form of indemnification agreement.

Source · Based on the filing body and exhibits

Patrick J. Lord Retires as Chief Operating Officer

Lam Research said Patrick J. Lord, Ph.D. is retiring from his position as chief operating officer effective March 6, 2026, and notified the company of his decision to retire on January 30, 2026.

Source · Based on the filing body and exhibits

Varadarajan Appointed Chief Operating Officer

The company said Seshasayee (Sesha) Varadarajan, age 51, was appointed as executive vice president and chief operating officer effective March 6, 2026, and has been senior vice president of the Global Products Group since March 2023.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.