Lam Research Management
Management criteria checks 1/4
Lam Research's CEO is Tim Archer, appointed in Jan 2018, has a tenure of 6.92 years. total yearly compensation is $30.14M, comprised of 3.9% salary and 96.1% bonuses, including company stock and options. directly owns 0.062% of the company’s shares, worth ARS59.87B. The average tenure of the management team and the board of directors is 1.8 years and 5.5 years respectively.
Key information
Tim Archer
Chief executive officer
US$30.1m
Total compensation
| CEO salary percentage | 3.9% |
| CEO tenure | 6.9yrs |
| CEO ownership | 0.06% |
| Management average tenure | 1.8yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 29 2024 | n/a | n/a | US$4b |
| Jun 30 2024 | US$30m | US$1m | US$4b |
| Mar 31 2024 | n/a | n/a | US$4b |
| Dec 24 2023 | n/a | n/a | US$3b |
| Sep 24 2023 | n/a | n/a | US$4b |
| Jun 25 2023 | US$18m | US$1m | US$5b |
| Mar 26 2023 | n/a | n/a | US$5b |
| Dec 25 2022 | n/a | n/a | US$5b |
| Sep 25 2022 | n/a | n/a | US$5b |
| Jun 26 2022 | US$17m | US$1m | US$5b |
| Mar 27 2022 | n/a | n/a | US$5b |
| Dec 26 2021 | n/a | n/a | US$5b |
| Sep 26 2021 | n/a | n/a | US$4b |
| Jun 27 2021 | US$15m | US$1m | US$4b |
| Mar 28 2021 | n/a | n/a | US$3b |
| Dec 27 2020 | n/a | n/a | US$3b |
| Sep 27 2020 | n/a | n/a | US$3b |
| Jun 28 2020 | US$12m | US$1m | US$2b |
| Mar 29 2020 | n/a | n/a | US$2b |
| Dec 29 2019 | n/a | n/a | US$2b |
| Sep 29 2019 | n/a | n/a | US$2b |
| Jun 30 2019 | US$14m | US$810k | US$2b |
| Mar 31 2019 | n/a | n/a | US$3b |
| Dec 23 2018 | n/a | n/a | US$3b |
| Sep 23 2018 | n/a | n/a | US$2b |
| Jun 24 2018 | US$7m | US$675k | US$2b |
Compensation vs Market: Tim's total compensation ($USD30.14M) is above average for companies of similar size in the AR market ($USD5.73M).
Compensation vs Earnings: Tim's compensation has increased by more than 20% in the past year.
CEO
Tim Archer (57 yo)
6.9yrs
Tenure
US$30,135,041
Compensation
Mr. Timothy M. Archer, also known as Tim, is Independent Director of Johnson Controls International plc from March 13, 2024. He has been President and Chief Executive Officer of Lam Research Corporation si...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.9yrs | US$30.14m | 0.062% ARS 59.9b | |
| Executive VP & CFO | 11.8yrs | US$8.78m | 0.075% ARS 72.5b | |
| Executive VP & COO | 1.8yrs | US$7.07m | 0.0017% ARS 1.6b | |
| Senior VP and Chief Technology & Sustainability Officer | 1.8yrs | US$5.27m | 0.020% ARS 19.1b | |
| Senior Vice President of The Global Products Group | 6.8yrs | US$6.61m | 0.010% ARS 10.1b | |
| Chief Accounting Officer & Group VP | 1.8yrs | no data | 0.0033% ARS 3.2b | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior VP | less than a year | no data | 0.00093% ARS 902.5m | |
| Corporate VP & Chief Communication Officer | less than a year | no data | no data | |
| Senior VP & Chief Human Resources Officer | 4.3yrs | no data | no data | |
| Executive VP & Strategic Advisor to the CEO of Innovation Ecosystem | 1.8yrs | US$4.15m | no data | |
| Senior Vice President of Corporate Strategy | 3.9yrs | no data | no data |
1.8yrs
Average Tenure
57yo
Average Age
Experienced Management: LRCX's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6yrs | US$30.14m | 0.062% ARS 59.9b | |
| Independent Director | less than a year | no data | 0.00010% ARS 97.0m | |
| Independent Director | 13.8yrs | US$385.12k | 0.015% ARS 14.1b | |
| Independent Director | 14.3yrs | US$390.12k | 0.022% ARS 21.4b | |
| Independent Chairman of the Board | 13.8yrs | US$522.62k | 0.0082% ARS 7.9b | |
| Independent Director | 5.6yrs | US$375.12k | 0.0022% ARS 2.2b | |
| Independent Director | 1.3yrs | US$449.69k | 0.00035% ARS 339.6m | |
| Independent Director | 5.5yrs | US$365.12k | 0.0024% ARS 2.3b | |
| Independent Director | less than a year | no data | 0.000060% ARS 58.2m | |
| Independent Director | 3.1yrs | US$360.12k | 0.0011% ARS 1.0b | |
| Independent Director | 1.8yrs | US$350.12k | 0.00045% ARS 436.7m |
5.5yrs
Average Tenure
62yo
Average Age
Experienced Board: LRCX's board of directors are considered experienced (5.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 10:30 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Lam Research Corporation is covered by 68 analysts. 30 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Kelleher | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Thomas O'Malley | Barclays |