STOCK TITAN

KLA Appoints MaryBeth Wilkinson as Executive Vice President, Chief Legal Officer and Corporate Secretary

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

KLA Corporation (NASDAQ: KLAC) announced the appointment of MaryBeth Wilkinson as Executive Vice President, Chief Legal Officer, and Corporate Secretary on September 21, 2020. Based in Ann Arbor, Michigan, Wilkinson will oversee the company's legal and compliance functions, reporting directly to CEO Rick Wallace. With over two decades of experience, including her previous role at O-I Glass, she is expected to contribute significantly to KLA's growth and strategic goals. She has been recognized as a top corporate counsel, emphasizing her expertise in driving organizational success.

Positive
  • Appointment of experienced executive enhances leadership.
  • Wilkinson's background in industrials and manufacturing aligns with KLA's growth strategy.
Negative
  • Potential continuity concerns due to management changes.

MILPITAS, Calif., Sept. 21, 2020 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced the appointment of MaryBeth Wilkinson as executive vice president, chief legal officer and corporate secretary. Based in KLA's second headquarters in Ann Arbor, Michigan, Wilkinson will lead the company's legal and compliance organization, providing legal counsel to executive management and the board of directors.  

"A highly-regarded, welcome addition to our organization, we are confident MaryBeth will help drive, support and enrich KLA's rapid expansion and business growth," said Rick Wallace, KLA president and CEO. "A seasoned executive with strong leadership and deep legal, business and operational experience in the industrials and manufacturing sectors, MaryBeth is ideally positioned to contribute to the advancement of our strategic goals."

Directing all legal affairs of the organization, Wilkinson will be responsible for corporate governance, policy and regulatory strategy development, litigation oversight, environmental matters, intellectual property, global corporate compliance, and labor and employment laws. Wilkinson will report directly to Wallace.

Named to WomenInc.'s 2019 list of "Top Corporate Counsel," Wilkinson has been recognized throughout her two-decade career for her strategic focus on driving organizational growth and success. Before joining KLA, she served as senior vice president, general counsel and corporate secretary of O-I Glass, Inc. and partner at international law firm Hogan Lovells. Wilkinson holds a Juris Doctor degree from Northwestern University Pritzker School of Law and is a graduate of Stanford University's Executive Program.

About KLA:

KLA develops industry-leading equipment and services that enable innovation throughout the electronics industry. We provide advanced process control and process-enabling solutions for manufacturing wafers and reticles, integrated circuits, packaging, printed circuit boards and flat panel displays. In close collaboration with leading customers across the globe, our expert teams of physicists, engineers, data scientists and problem-solvers design solutions that move the world forward. Additional information may be found at www.kla.com (KLAC-F).

Logo - https://mma.prnewswire.com/media/806571/KLA_Corporation_Logo.jpg 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/kla-appoints-marybeth-wilkinson-as-executive-vice-president-chief-legal-officer-and-corporate-secretary-301134183.html

SOURCE KLA Corporation

FAQ

Who is the new executive vice president at KLA Corporation?

MaryBeth Wilkinson has been appointed as the new Executive Vice President, Chief Legal Officer, and Corporate Secretary.

What are MaryBeth Wilkinson's responsibilities at KLA?

Wilkinson will lead legal affairs, governance, compliance, litigation oversight, and more.

Why was MaryBeth Wilkinson appointed at KLA Corporation?

Her extensive experience and strategic focus make her well-suited to support KLA's rapid business expansion.

When was MaryBeth Wilkinson appointed to KLA Corporation?

MaryBeth Wilkinson was appointed on September 21, 2020.

How will MaryBeth Wilkinson impact KLA Corporation's growth?

With her legal and operational expertise, she is expected to contribute significantly to advancing KLA's strategic goals.

KLA Corporation

NASDAQ:KLAC

KLAC Rankings

KLAC Latest News

KLAC Stock Data

101.71B
134.43M
0.12%
92.35%
1.5%
Semiconductor Equipment & Materials
Optical Instruments & Lenses
Link
United States of America
MILPITAS