Lam Research Announces Planned Departure of Chief Financial

Lam Research Announces Planned Departure of Chief Financial Officer 
FREMONT, CA -- (Marketwire) -- 01/23/13 --  Lam Research Corporation
(NASDAQ: LRCX) today announced that after more than 15 years with
Lam, Ernie Maddock, chief financial officer, will be leaving the
Company in mid-April. The Company has an active search for a
successor and consistent with prior planned executive transitions at
Lam, Maddock will remain Chief Financial Officer until a successor is
in place and will remain available as necessary to ensure a smooth
transition thereafter. 
"Ernie has been an integral contributor within Lam for more than a
decade," stated Martin B. Anstice, Lam's chief executive officer.
"His contributions in the areas of our Customer Support Business
Group, Global Operations Team, and most recently as Chief Financial
Officer have been exemplary and have helped position Lam as a leader
in our industry," Anstice concluded.  
"I have enjoyed being a part of a strong, values-based Company, and
am thankful for the support of the Board, management team and
employees during the last 15 years," stated Ernie Maddock. "I am
confident that Lam will continue to enjoy great success and look
forward to facilitating the search for and transition to a new CFO." 
About Lam Research: 
Lam Research Corporation is a major supplier of innovative wafer
fabrication equipment and services to the worldwide semiconductor
industry. For more than 30 years, the Company has driven continuous
improvements in chip performance, power consumption, and cost,
contributing to the global proliferation of smartphones, computers,
tablets, and other electronic products. Lam Research has been the
leading supplier of high-throughput plasma etch equipment for more
than a decade and expanded its product offerings in 2008 to include
single-wafer clean systems. The Company added thin-film deposition
and wafer surface preparation technologies to its product portfolio
in 2012 with the acquisition of Novellus Systems, Inc. Headquartered
in Fremont, Calif., Lam Research maintains a global network of
service facilities throughout North America, Asia, and Europe to
rapidly meet the needs of its global customer base. It is an S&P
500(R) company whose common stock trades on the NASDAQ Global Select
Market(SM) under the symbol LRCX. For more information, please visit
http://www.lamresearch.com. 
Company Contacts:  
Corporate Communications: 
Ed Rebello
510/572-6603 
e-mail: ed.rebello@lamresearch.com  
Investor Relations: 
Shanye Hudson
510/572-4589
e-mail: shanye.hudson@lamresearch.com 
 
 
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