KLA Management
Management criteria checks 2/4
KLA's CEO is Rick Wallace, appointed in Jan 2006, has a tenure of 18.33 years. total yearly compensation is $26.64M, comprised of 3.8% salary and 96.2% bonuses, including company stock and options. directly owns 0.04% of the company’s shares, worth $37.22M. The average tenure of the management team and the board of directors is 9.8 years and 10.3 years respectively.
Key information
Rick Wallace
Chief executive officer
US$26.6m
Total compensation
| CEO salary percentage | 3.8% |
| CEO tenure | 18.3yrs |
| CEO ownership | 0.04% |
| Management average tenure | 9.8yrs |
| Board average tenure | 10.3yrs |
Recent management updates
Recent updates
Earnings Beat: KLA Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Apr 27
KLA Corporation: Leading The Charge In Semiconductor Innovation
Apr 26KLA Corporation's Premium Multiple Is Deserved, Technically Strong Into Earnings
Apr 12KLA (NASDAQ:KLAC) Looks To Prolong Its Impressive Returns
Mar 26Is KLA (NASDAQ:KLAC) A Risky Investment?
Feb 19Does This Valuation Of KLA Corporation (NASDAQ:KLAC) Imply Investors Are Overpaying?
Feb 04KLA Corporation: Quarterly Earnings, Challenging Market Conditions And Limited Visibility (Rating Downgrade)
Jan 27At US$567, Is KLA Corporation (NASDAQ:KLAC) Worth Looking At Closely?
Jan 17Earnings Not Telling The Story For KLA Corporation (NASDAQ:KLAC)
Jan 02Shareholders Are Optimistic That KLA (NASDAQ:KLAC) Will Multiply In Value
Dec 15KLA (NASDAQ:KLAC) Is Increasing Its Dividend To $1.45
Nov 06Is KLA (NASDAQ:KLAC) A Risky Investment?
Oct 22A Look At The Intrinsic Value Of KLA Corporation (NASDAQ:KLAC)
Oct 06Why KLA Corporation (NASDAQ:KLAC) Could Be Worth Watching
Sep 20Here's What KLA's (NASDAQ:KLAC) Strong Returns On Capital Mean
Aug 21Does KLA (NASDAQ:KLAC) Have A Healthy Balance Sheet?
Jul 21Estimating The Fair Value Of KLA Corporation (NASDAQ:KLAC)
Jun 27If EPS Growth Is Important To You, KLA (NASDAQ:KLAC) Presents An Opportunity
Jun 15Why The 40% Return On Capital At KLA (NASDAQ:KLAC) Should Have Your Attention
May 22What Is KLA Corporation's (NASDAQ:KLAC) Share Price Doing?
Apr 28KLA (NASDAQ:KLAC) Could Easily Take On More Debt
Mar 13Does KLA (NASDAQ:KLAC) Deserve A Spot On Your Watchlist?
Feb 23Calculating The Fair Value Of KLA Corporation (NASDAQ:KLAC)
Feb 02When Should You Buy KLA Corporation (NASDAQ:KLAC)?
Jan 18KLA (NASDAQ:KLAC) Seems To Use Debt Rather Sparingly
Dec 13Is Now The Time To Put KLA (NASDAQ:KLAC) On Your Watchlist?
Nov 25We Take A Look At Why KLA Corporation's (NASDAQ:KLAC) CEO Compensation Is Well Earned
Oct 27Is There An Opportunity With KLA Corporation's (NASDAQ:KLAC) 25% Undervaluation?
Oct 01KLA to build new R&D and manufacturing facility in Newport, Wales
Sep 29Here How Much AMAT, KLAC, LRCX, and AMD may be Impacted by Future Licensing Requirements for China
Sep 13
KLA Corp.: Finest Stock In The Semiconductor Industry
Sep 05Does KLA (NASDAQ:KLAC) Have A Healthy Balance Sheet?
Aug 27Capitalize On The CHIPS Act With KLA Corporation
Aug 07What Is KLA Corporation's (NASDAQ:KLAC) Share Price Doing?
Aug 02KLA prices $500M senior notes tender offer
Jul 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$3b |
| Dec 31 2023 | n/a | n/a | US$3b |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jun 30 2023 | US$27m | US$1m | US$3b |
| Mar 31 2023 | n/a | n/a | US$4b |
| Dec 31 2022 | n/a | n/a | US$4b |
| Sep 30 2022 | n/a | n/a | US$3b |
| Jun 30 2022 | US$21m | US$997k | US$3b |
| Mar 31 2022 | n/a | n/a | US$3b |
| Dec 31 2021 | n/a | n/a | US$3b |
| Sep 30 2021 | n/a | n/a | US$3b |
| Jun 30 2021 | US$14m | US$975k | US$2b |
| Mar 31 2021 | n/a | n/a | US$2b |
| Dec 31 2020 | n/a | n/a | US$1b |
| Sep 30 2020 | n/a | n/a | US$1b |
| Jun 30 2020 | US$13m | US$967k | US$1b |
| Mar 31 2020 | n/a | n/a | US$1b |
| Dec 31 2019 | n/a | n/a | US$1b |
| Sep 30 2019 | n/a | n/a | US$1b |
| Jun 30 2019 | US$21m | US$900k | US$1b |
| Mar 31 2019 | n/a | n/a | US$1b |
| Dec 31 2018 | n/a | n/a | US$1b |
| Sep 30 2018 | n/a | n/a | US$917m |
| Jun 30 2018 | US$12m | US$900k | US$802m |
| Mar 31 2018 | n/a | n/a | US$710m |
| Dec 31 2017 | n/a | n/a | US$656m |
| Sep 30 2017 | n/a | n/a | US$1b |
| Jun 30 2017 | US$15m | US$900k | US$926m |
Compensation vs Market: Rick's total compensation ($USD26.64M) is above average for companies of similar size in the US market ($USD13.56M).
Compensation vs Earnings: Rick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Rick Wallace (63 yo)
18.3yrs
Tenure
US$26,644,359
Compensation
Mr. Richard P. Wallace, also known as Rick, serves as Director at Marvell Technology, Inc. since April 25, 2024. He serves as Independent Director of Splunk Inc. since October 12, 2022. He served as Indepe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.3yrs | US$26.64m | 0.040% $ 37.2m | |
| Executive VP & CFO | 10.8yrs | US$11.28m | 0.0081% $ 7.5m | |
| President of Semiconductor Process Control | 8.8yrs | US$11.57m | 0.012% $ 11.5m | |
| Executive Vice President of Global Support & Services | 8.2yrs | US$5.38m | 0.0056% $ 5.2m | |
| Executive Vice President of Electronics | 4.2yrs | US$5.90m | 0.0061% $ 5.7m | |
| Senior VP & Chief Accounting Officer | 16.2yrs | US$1.31m | 0.00022% $ 204.2k | |
| CTO & Executive VP of Corporate Alliances | 30.3yrs | US$1.88m | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | 3.7yrs | US$4.33m | 0% $ 0 | |
| Senior VP & Chief Communications Officer | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 5.3yrs | no data | no data | |
| Executive VP & Chief Strategy Officer | 15.7yrs | US$5.53m | no data |
9.8yrs
Average Tenure
57yo
Average Age
Experienced Management: KLAC's management team is seasoned and experienced (9.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.3yrs | US$26.64m | 0.040% $ 37.2m | |
| Founder & Chairman Emeritus | 17.6yrs | US$356.35k | no data | |
| Independent Chairman | 17.2yrs | US$456.16k | 0.010% $ 9.6m | |
| Independent Director | 13.5yrs | US$324.93k | 0.010% $ 9.6m | |
| Independent Director | 17yrs | US$334.93k | 0.0052% $ 4.8m | |
| Independent Director | 5.3yrs | US$324.93k | 0.0035% $ 3.3m | |
| Independent Director | 10.3yrs | US$327.43k | 0.010% $ 9.7m | |
| Independent Director | 10.3yrs | US$350.55k | 0.011% $ 9.8m | |
| Director | less than a year | no data | 0.00010% $ 92.8k | |
| Independent Director | 4.3yrs | US$355.55k | 0.0023% $ 2.1m | |
| Independent Director | 4.9yrs | US$324.93k | 0.0023% $ 2.1m |
10.3yrs
Average Tenure
63yo
Average Age
Experienced Board: KLAC's board of directors are seasoned and experienced ( 10.3 years average tenure).