Photronics Management
Management criteria checks 2/4
Photronics' CEO is Frank Lee, appointed in May 2022, has a tenure of 1.92 years. total yearly compensation is $4.06M, comprised of 18.5% salary and 81.5% bonuses, including company stock and options. directly owns 0.86% of the company’s shares, worth €14.58M. The average tenure of the management team and the board of directors is 4.3 years and 12.4 years respectively.
Key information
Frank Lee
Chief executive officer
US$4.1m
Total compensation
| CEO salary percentage | 18.5% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.9% |
| Management average tenure | 4.3yrs |
| Board average tenure | 12.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 28 2024 | n/a | n/a | US$138m |
| Oct 31 2023 | US$4m | US$750k | US$125m |
| Jul 30 2023 | n/a | n/a | US$118m |
| Apr 30 2023 | n/a | n/a | US$122m |
| Jan 29 2023 | n/a | n/a | US$110m |
| Oct 31 2022 | US$3m | US$650k | US$119m |
| Jul 31 2022 | n/a | n/a | US$102m |
| May 01 2022 | n/a | n/a | US$87m |
| Jan 30 2022 | n/a | n/a | US$70m |
| Oct 31 2021 | US$1m | US$460k | US$55m |
| Aug 01 2021 | n/a | n/a | US$42m |
| May 02 2021 | n/a | n/a | US$36m |
| Jan 31 2021 | n/a | n/a | US$32m |
| Oct 31 2020 | US$1m | US$446k | US$34m |
| Aug 02 2020 | n/a | n/a | US$37m |
| May 03 2020 | n/a | n/a | US$33m |
| Feb 02 2020 | n/a | n/a | US$35m |
| Oct 31 2019 | US$927k | US$429k | US$30m |
| Jul 28 2019 | n/a | n/a | US$33m |
| Apr 28 2019 | n/a | n/a | US$39m |
| Jan 27 2019 | n/a | n/a | US$41m |
| Oct 31 2018 | US$838k | US$419k | US$42m |
Compensation vs Market: Frank's total compensation ($USD4.06M) is above average for companies of similar size in the German market ($USD1.62M).
Compensation vs Earnings: Frank's compensation has increased by more than 20% in the past year.
CEO
Frank Lee (70 yo)
1.9yrs
Tenure
US$4,061,200
Compensation
Dr. KangJyh Lee, also known as Frank, has been the Chief Executive Officer and Director of Photronics, Inc. since May 16, 2022. He served as the President of Photronics, Inc. since March 14, 2022 until May...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.9yrs | US$4.06m | 0.86% $ 14.6m | |
| Executive VP of Strategic Planning & CTO | 20.1yrs | US$1.64m | 0.35% $ 6.0m | |
| Executive VP | 15yrs | US$2.03m | 0.42% $ 7.1m | |
| Senior VP & GM of FPD Operations | no data | US$1.39m | 0.18% $ 3.0m | |
| Interim CFO | 4.3yrs | no data | no data | |
| Senior Vice President of US/EU Mainstream Operations & Global Production Control | 2.3yrs | no data | no data |
4.3yrs
Average Tenure
59yo
Average Age
Experienced Management: PQ2's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.9yrs | US$4.06m | 0.86% $ 14.6m | |
| Independent Chairman | 50.3yrs | US$376.40k | 0.76% $ 12.9m | |
| Independent Director | 20.3yrs | US$334.36k | 0.14% $ 2.3m | |
| Independent Director | 1.9yrs | US$351.40k | 0.066% $ 1.1m | |
| Lead Independent Director | 40.3yrs | US$376.40k | 0.098% $ 1.7m | |
| Independent Director | 22.3yrs | US$356.40k | 0.15% $ 2.6m | |
| Independent Director | 3.6yrs | US$351.40k | 0.095% $ 1.6m | |
| Independent Director | 4.5yrs | US$383.90k | 0.11% $ 1.8m |
12.4yrs
Average Tenure
68.5yo
Average Age
Experienced Board: PQ2's board of directors are seasoned and experienced ( 12.4 years average tenure).