Photronics Management
Management criteria checks 2/4
Photronics' CEO is Frank Lee, appointed in May 2022, has a tenure of 2.58 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 €12.55M. The average tenure of the management team and the board of directors is 2.8 years and 5.2 years respectively.
Key information
Frank Lee
Chief executive officer
US$4.1m
Total compensation
| CEO salary percentage | 18.5% |
| CEO tenure | 2.6yrs |
| CEO ownership | 0.9% |
| Management average tenure | 2.8yrs |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 31 2024 | n/a | n/a | US$131m |
| Jul 28 2024 | n/a | n/a | US$141m |
| Apr 28 2024 | n/a | n/a | US$134m |
| 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 ($USD1.58M).
Compensation vs Earnings: Frank's compensation has increased by more than 20% in the past year.
CEO
Frank Lee (71 yo)
2.6yrs
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 | 2.6yrs | US$4.06m | 0.86% € 12.5m | |
| Executive VP of Strategic Planning & CTO | 20.8yrs | US$1.64m | 0.35% € 5.1m | |
| Senior VP & GM of FPD Operations | no data | US$1.39m | 0.18% € 2.6m | |
| CFO, VP | 5yrs | no data | 0.11% € 1.6m | |
| Vice President of Investor Relations | no data | no data | no data | |
| VP, General Counsel & Corporate Secretary | less than a year | no data | no data | |
| Senior Vice President of US/EU Mainstream Operations & Global Production Control | 2.9yrs | no data | no data | |
| SVP and COO of Asia IC | less than a year | no data | 0.16% € 2.3m |
2.8yrs
Average Tenure
58.5yo
Average Age
Experienced Management: PQ2's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.6yrs | US$4.06m | 0.86% € 12.5m | |
| Independent Chairman | 50.9yrs | US$376.40k | 0.76% € 11.1m | |
| Independent Director | 20.9yrs | US$361.40k | 0.14% € 2.0m | |
| Independent Director | 2.6yrs | US$351.40k | 0.066% € 967.6k | |
| Lead Independent Director | 40.9yrs | US$376.40k | 0.098% € 1.4m | |
| Independent Director | 22.9yrs | US$356.40k | 0.15% € 2.3m | |
| Independent Director | 4.3yrs | US$351.40k | 0.095% € 1.4m | |
| Independent Director | 5.2yrs | US$383.90k | 0.11% € 1.6m | |
| Director | no data | no data | no data |
5.2yrs
Average Tenure
69.5yo
Average Age
Experienced Board: PQ2's board of directors are considered experienced (5.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 17:24 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Photronics, Inc. is covered by 7 analysts. 1 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 |
|---|---|
| Krish Sankar | BofA Global Research |
| Thomas Diffely | D.A. Davidson & Co. |
| Yeuk-Fai Mok | Needham & Company |