Applied Materials, Inc. today announced the appointment of Alexander “Andy”
Karsner to serve on its Board of Directors, effective immediately. Mr.
Karsner has also been appointed to serve as a member of the Strategy
Committee of the Board.
“Mr. Karsner has shown strong leadership in
renewable energy policy, technologies, and commercialization, including
his role as the chief regulatory official for efficiency, buildings and
appliances at the Department of Energy,” said
James C. Morgan, chairman of Applied Materials. “His
extensive background in the global energy market will be invaluable to
the Board as we chart the strategic path for our Energy and
Environmental Solutions business through the current and future energy
landscape.”
Mr. Karsner served as Assistant Secretary for Energy Efficiency and
Renewable Energy at the U.S. Department of Energy (DOE) from March 2006
to August 2008. In that position, he managed the United States’
$1.72 billion federal applied science, research, development and
deployment portfolio, which promotes marketplace integration of
renewable and environmentally-sound energy technologies. Mr. Karsner was
a principal contributor to the U.N.-sponsored climate change
negotiations, the major economies meetings, and the Asia Pacific
Partnership on behalf of the U.S., and helped establish the “Bali
Roadmap” toward achieving a post-2012 global
framework accord on energy security and emissions reduction. He led
efforts to implement two landmark bipartisan pieces of legislation: the
Energy Policy Act of 2005 and the Energy Independence and Security Act
of 2007 to reduce America’s dependency on
oil, change federal procurement, and elevate standards for energy
efficiency.
Prior to joining the DOE, Mr. Karsner had a successful track record in
the private sector as an international infrastructure developer and
energy entrepreneur managing and financing large-scale power projects
around the world. His experience encompasses a wide range of
technologies and fuel sources, including oil, natural gas, coal, wind,
solar and biomass. He was Managing Director of Enercorp LLC, a private
company involved in international project development, management and
financing of renewable energy infrastructure. Mr. Karsner has also
worked with Tondu Energy Systems of Texas, Wartsila Power Development of
Finland and other multi-national energy firms and developers.
Mr. Karsner received a B.A. with honors from Rice University and an M.A.
from Hong Kong University.
Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in
Nanomanufacturing Technology™ solutions with
a broad portfolio of innovative equipment, services and software
products for the fabrication of semiconductor chips, flat panel
displays, solar photovoltaic cells, flexible electronics and energy
efficient glass. At Applied Materials, we apply Nanomanufacturing
Technology to improve the way people live. Learn more at www.appliedmaterials.com.
Applied Materials, Inc.
David Miller, 408-563-9582 (editorial/media)
Robert
Friess, 408-86-7977 (financial community)
