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Gary E. Dickerson is the CEO of Applied Materials, Inc., a firm leading in the semiconductor equipment industry. He stepped into this role in 2013 after joining the company in 2011 following the acquisition of Varian Semiconductor where he served...

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Gary E. Dickerson

CEO of Applied Materials

Education

Bachelor's degree in Electrical Engineering from the University of California, Berkeley

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

January 1, 1957 - 68 years ago

CEO of Applied Materials for

11 years 7 months (Sep 2013 - Present)

Previous Experience

CEO of Varian Semiconductor Equipment Associates, Inc.

Holdings

See how much did Gary E. Dickerson make over time.

Gary E. Dickerson holds a significant number of shares in Applied Materials, with the peak value of his holdings reaching roughly $364 million in 2024. His shares have fluctuated greatly, aligned with the company's stock performance. In 2023 alone, he...

Total Stock Sold

$299.46M

AMAT

$299.46M

3,401,494 AMAT shares

What if they kept their stock?

If Gary E. Dickerson didn't sell their stock, today they would have:
Extra AMAT3,401,494 shares worth $161.78M.
This is -45.98% and $137.68M less than what they got when they sold the stock.

Charitable Transactions

AMAT

40,420 shares

AMAT

Recent Charitable Transactions

AMAT

40,000 shares

AMAT

Dec 23, 2021

Charity

AMAT

420 shares

AMAT

Dec 9, 2021

Charity

Insider Trading

See recent insider trades of Gary E. Dickerson.

AMAT

205,300 shares

AMAT

Dec 12, 2024

Received

AMAT

$98.69M

AMAT at $246.73/share

Jun 18, 2024

Sale

AMAT

273,797 shares

AMAT

Dec 7, 2023

Received

AMAT

362,380 shares

AMAT

Dec 12, 2022

Received

AMAT

40,000 shares

AMAT

Dec 23, 2021

Charity

AMAT

420 shares

AMAT

Dec 9, 2021

Charity

AMAT

232,319 shares

AMAT

Dec 1, 2021

Received

AMAT

$45.98M

AMAT at $153.25/share

Dec 1, 2021

Sale

AMAT

$24.50M

AMAT at $140.00/share

Jun 28, 2021

Sale

AMAT

$14.44M

AMAT at $140.28/share

Jun 15, 2021

Sale

Compensation History

See how much did Gary E. Dickerson make over time.

In 2023, Gary E. Dickerson's total compensation was about $26.8 million. This included a base salary of $1.03 million and bonuses of around $1.63 million, which were based on surpassing performance goals. He saw stock awards vesting that year valued at over $40 million, reflecting his strong performance leadership. The way his pay is structured motivates him to align with shareholders, focusing on earnings and stock performance metrics. This allows him to remain competitive in the tech industry and attract top talent, ensuring Applied Materials maintains its leading edge.

Year

2023

Total Compensation

$43.63M

Salary

$1.03M

Board Justification

The compensation philosophy aims to attract, retain, and motivate executives by linking a significant portion of their compensation to performance metrics that align with shareholder interests.

Bonus

$1.63M

Board Justification

Based on performance compared to pre-established financial, operational, strategic and individual performance objectives, with an initial performance hurdle of $6.00 of non-GAAP adjusted EPS, which was exceeded with an actual EPS of $8.05.

Other

$241.98K

Board Justification

Includes matching contributions under the tax-qualified 401(k) Plan, term life insurance premiums, and costs for security services.

Restricted Stock

$40.73M(391.67K RSU)

Board Justification

The stock awards that vested in 2023 include restricted stock units (RSUs) and performance share units (PSUs) that were granted in prior years and vested based on performance metrics achieved.

Performance Metrics

The performance metrics include non-GAAP adjusted EPS, adjusted operating margin, and total shareholder return relative to peers.

Other Applied Materials CEOs

Here are other CEOs of Applied Materials