Lam Research (NASDAQ:LRCX) appoints Pat Lord to assume the newly created position of Executive Vice President and Chief Operating Officer, effective March 1, 2023.
Vahid Vahedi will assume the role of Senior Vice President and Chief Technology Officer, succeeding Rick Gottscho, who begins a new executive leadership position with the company. focused on the innovation ecosystem.
In addition, other appointments have also been made and all, including Lord and Vahedi, will report directly to Tim Archer, President and CEO.
As COO, Lord will be responsible for driving operational efficiencies, productivity and business resilience in support of Lam’s long-term growth objectives. Lord, who joined Lam in 2012 as part of the company’s acquisition of Novellus Systems, has nearly 30 years of management experience in the semiconductor business and technology.
As CTO, Vahedi will focus on driving innovative solutions that will define the next generation of semiconductors. Joining Lam in 1995, Vahedi was most recently senior vice president and general manager of Lam’s engraving business.