Lam Research (LRCX) Announces Catherine P. Lego to Retire from Board of Directors

September 19, 2022 5:01 PM EDT

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

Lam Research Corp. (Nasdaq: LRCX) today announced the retirement of Catherine P. Lego, effective November 7, 2022, from its board of directors. Lego has served on Lam's board for more than 16 years during which she was a chair or member of the nominating and governance committee, the audit committee and the compensation and human resources committee.

"Cathy has long been a deeply valued member of our board, helping strategically lead several committees and serving as a trusted advisor during a tremendous period of innovation, growth and company transformation," said Tim Archer, president and CEO of Lam Research. "Cathy truly epitomizes Lam's core values of teamwork and agility, and it's with great gratitude that we wish her well on her retirement."

"Always highly engaged and thoughtful in her guidance, Cathy's understanding of the semiconductor industry, commitment to accountability, and drive for continuous improvement has enabled her to make an incredible and lasting impact at Lam," said Abhijit Y. Talwalkar, chairman of the board for Lam Research. "We sincerely thank her for her many years of service on the board."

For more than 30 years, Lego has been a member of a range of boards in the semiconductor and technology industry, including current positions on Cirrus Logic, Inc., and Guidewire Software, Inc. Previously, she was on the board of directors of Cypress Semiconductor Corporation, Fairchild Semiconductor, IPG Photonics, JDS Uniphase, SanDisk Corporation and others. Lego founded and led Lego Ventures LLC, a consulting services firm for early-stage electronics companies, from 1992 until 2018. Lego also had general partner roles at The Photonics Fund, LLP, and Oak Investment Partners. Lego earned an M.S. degree in accounting from the New York University Leonard N. Stern School of Business and a B.A. degree in economics and biology from Williams College.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Board Changes, Corporate News

Related Entities

Oak Investment Partners