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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST

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To: Proud_Infidel who wrote (3483)1/26/2004 7:08:28 PM
From: SemiBull  Read Replies (2) of 3813
 
Novellus appoints Applied Materials veteran as president

Peter Clarke
01/26/2004 9:00 AM EST
URL: siliconstrategies.com

SAN JOSE, Calif. -- Novellus Systems Inc. said Monday (January 26, 2003) that it has appointed former Applied Materials executive Sasson (Sass) Somekh (57) as president. Somekh is to join Richard Hill and Tom St. Dennis in Novellus' 'Office of the CEO'.

As president, Somekh is set to assume the primary role in driving new product development and the product line business units.

In 1988, Somekh received the SEMI Award from the Semiconductor Equipment and Materials Institute (SEMI) for his work in establishing plasma etch as a production technology in semiconductor processing. In 1993, he was recognized as a co-inventor of the Precision 5000 when it became the first semiconductor manufacturing system to be placed in the permanent collection of the Smithsonian Institution. It is on display in the Information Age exhibit at the National Museum of American History in Washington, D.C. In 1994, Somekh received the SEMI's Lifetime Achievement Award in recognition of his many contributions to the industry.

Somekh spent 23 years at Applied Materials, most recently as excutive vice president. Prior to joining Applied, Somekh worked at Bell Laboratories and Intel Corp.

"I have strong admiration and respect for Sass, and I am delighted that he has chosen to join Novellus. He has the knowledge, skills and ability to lead Novellus to the next level," said Richard Hill, Novellus chairman and chief executive officer, in a statement.
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