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Lam Research Corp (NASDAQ: LRCX) 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.
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