Business
Lam Research Announces Leadership Transitions to Increase Company Velocity for the AI era
Lam Research Corp. (Nasdaq: LRCX) today announced it is elevating the roles of two proven leaders as the company enters its next phase of growth. Effective March 6, 2026, Sesha Varadarajan will transition to the role of Chief Operating Officer (COO). The company further announced that Karthik Rammohan will assume an expanded role as Senior Vice President (SVP), Global Operations and Enterprise Solutions. Both will play an integral role in Lam's objectives to deliver even greater value to custome
About this update from Lam Research Corporation
[{"type":"text","content":"FREMONT, Calif., Feb. 3, 2026 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today announced it is elevating the roles of two proven leaders as the company enters its next phase of growth. Effective March 6, 2026, Sesha Varadarajan will transition to the role of Chief Operating Officer (COO). The company further announced that Karthik Rammohan will assume an expanded role as Senior Vice President (SVP), Global Operations and Enterprise Solutions. Both will play an integral role in Lam's objectives to deliver even greater value to customers and drive Lam's future outperformance by bringing the operational velocity essential for an accelerating semiconductor demand environment.","length":705,"tagName":"p"},{"type":"image","alt":"Karthik Rammohan, Senior Vice President, Global Operations and Enterprise Solutions, Lam Research","displaySize":"","headline":null,"caption":"Karthik Rammohan, Senior Vice President, Global Operations and Enterprise Solutions, Lam Research","className":"","disableSlideshowImg":false,"size":{"original":{"width":267,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/6dfcf39d869c082777b225c989c9f6d8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/.ELnOHwDEd7n00meiNxozQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTYyOTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/6dfcf39d869c082777b225c989c9f6d8","width":267,"height":400}},"href":"https://mma.prnewswire.com/media/2876275/Lam_Research_Corporation_Karthik_Rammohan.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Varadarajan will maintain oversight of Lam's global product portfolio, and add Lam's customer support business group, corporate strategy, and government affairs capabilities to his remit. This new role aligns Lam's global product and service development to innovate faster and deliver on strategic objectives. In his previous role as head of Lam's global product group, he has driven rapid product innovation to successfully capitalize on increasing deposition and etch intensity in recent technology inflections. As COO, he will build upon that experience to advance Lam's plans to further expand its served available market, increase its market share, and accelerate growth in its services business.","length":721,"tagName":"p"},{"type":"text","content":"Varadarajan succeeds Pat Lord, ...