Applied Materials Appoints Akash Palkhiwala to Board of Directors

Applied Materials, Inc. appointed Akash Palkhiwala to serve on its board of directors. Palkhiwala has also been appointed to the board’s Audit Committee.

As Chief Financial Officer and Chief Operating Officer of Qualcomm Incorporated, Palkhiwala brings extensive financial and operational leadership experience in the computing and technology industry.

Palkhiwala has served as Qualcomm’s CFO since 2019 and COO since 2024, and is responsible for the finance organization, global go-to-market teams, semiconductor operations, and IT. He has also served in various finance leadership roles since joining Qualcomm in 2001. Previously, Palkhiwala was a private equity analyst at KeyBank.

“Akash is a terrific addition to our board of directors,” said Tom Iannotti, Chairman of the Board. “His track record of leadership in finance and decades of experience in the semiconductor industry will add to the strength of Applied Materials’ board and serve us well in our next phase of growth.”