KLA Management

Management criteria checks 3/4

KLA's CEO is Rick Wallace, appointed in Jan 2006, has a tenure of 18.92 years. total yearly compensation is $22.83M, comprised of 4.9% salary and 95.1% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth €17.33M. The average tenure of the management team and the board of directors is 11.3 years and 12.5 years respectively.

Key information

Rick Wallace

Chief executive officer

US$22.8m

Total compensation

CEO salary percentage4.9%
CEO tenure18.9yrs
CEO ownership0.02%
Management average tenure11.3yrs
Board average tenure12.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rick Wallace's remuneration changed compared to KLA's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$3b

Jun 30 2024US$23mUS$1m

US$3b

Mar 31 2024n/an/a

US$3b

Dec 31 2023n/an/a

US$3b

Sep 30 2023n/an/a

US$3b

Jun 30 2023US$27mUS$1m

US$3b

Mar 31 2023n/an/a

US$4b

Dec 31 2022n/an/a

US$4b

Sep 30 2022n/an/a

US$3b

Jun 30 2022US$21mUS$997k

US$3b

Mar 31 2022n/an/a

US$3b

Dec 31 2021n/an/a

US$3b

Sep 30 2021n/an/a

US$3b

Jun 30 2021US$14mUS$975k

US$2b

Mar 31 2021n/an/a

US$2b

Dec 31 2020n/an/a

US$1b

Sep 30 2020n/an/a

US$1b

Jun 30 2020US$13mUS$967k

US$1b

Mar 31 2020n/an/a

US$1b

Dec 31 2019n/an/a

US$1b

Sep 30 2019n/an/a

US$1b

Jun 30 2019US$21mUS$900k

US$1b

Mar 31 2019n/an/a

US$1b

Dec 31 2018n/an/a

US$1b

Sep 30 2018n/an/a

US$917m

Jun 30 2018US$12mUS$900k

US$802m

Compensation vs Market: Rick's total compensation ($USD22.83M) is above average for companies of similar size in the German market ($USD4.85M).

Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.


CEO

Rick Wallace (64 yo)

18.9yrs

Tenure

US$22,832,965

Compensation

Mr. Richard P. Wallace, also known as Rick, serves as Director at Marvell Technology, Inc. since April 25, 2024. He served as Independent Director of Splunk Inc. since October 12, 2022 until 2024. He serve...


Leadership Team

NamePositionTenureCompensationOwnership
Richard Wallace
President18.9yrsUS$22.83m0.021%
€ 17.3m
Bren Higgins
Executive VP & CFO11.3yrsUS$7.45m0.0099%
€ 8.2m
Ahmad Khan
President of Semiconductor Process Control9.3yrsUS$7.45m0.0066%
€ 5.5m
Brian Lorig
Executive Vice President of Global Support & Services8.8yrsUS$3.78m0.0030%
€ 2.5m
Virendra Kirloskar
Senior VP & Chief Accounting Officer16.8yrsUS$1.31m0.00023%
€ 191.5k
Ben Tsai
CTO & Executive VP of Corporate Alliances30.9yrsUS$1.88mno data
Kevin Kessel
Vice President of Investor Relationsno datano datano data
Mary Wilkinson
Executive VP4.3yrsUS$4.33m0%
€ 0
Randi Polanich
Senior VP & Chief Communications Officerno datano datano data
John Van Camp
Executive VP & Chief Human Resources Officer5.9yrsno datano data
Bobby Bell
Executive VP of Government Affairs & Head of KLA Europe16.3yrsUS$5.53mno data

11.3yrs

Average Tenure

57.5yo

Average Age

Experienced Management: KLA's management team is seasoned and experienced (11.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Richard Wallace
President18.9yrsUS$22.83m0.021%
€ 17.3m
Kenneth Levy
Founder & Chairman Emeritus18.2yrsUS$356.35kno data
Robert Calderoni
Independent Chairman17.8yrsUS$479.56k0.011%
€ 9.0m
Emiko Higashi
Independent Director14.1yrsUS$353.59k0.011%
€ 9.0m
Kevin J. Kennedy
Independent Director17.6yrsUS$361.09k0.0056%
€ 4.7m
Victor Peng
Independent Director5.8yrsUS$351.09k0.0039%
€ 3.3m
Robert Rango
Independent Director10.9yrsUS$353.59k0.0085%
€ 7.1m
Gary Moore
Independent Director10.9yrsUS$378.59k0.011%
€ 9.1m
Michael McMullen
Independent Director1.4yrsUS$347.60k0.00047%
€ 391.3k
Jeneanne Hanley
Independent Director5.5yrsUS$351.09k0.0027%
€ 2.2m

12.5yrs

Average Tenure

65yo

Average Age

Experienced Board: KLA's board of directors are seasoned and experienced ( 12.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 07:18
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

KLA Corporation is covered by 58 analysts. 28 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James KelleherArgus Research Company
Ianjit BhattiAtlantic Equities LLP
Ishan MajumdarBaptista Research