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 $17.57M. 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 percentage | 4.9% |
| CEO tenure | 18.9yrs |
| CEO ownership | 0.02% |
| Management average tenure | 11.3yrs |
| Board average tenure | 12.5yrs |
Recent management updates
Recent updates
Is KLA Corporation A Good Buy For 2025?
Dec 10Is KLA (NASDAQ:KLAC) Using Too Much Debt?
Nov 26
KLA's (NASDAQ:KLAC) Dividend Will Be Increased To $1.70
Nov 11KLA Corporation: Defect Inspection And Review Among Key Drivers To The Growing Industry
Nov 07Calculating The Fair Value Of KLA Corporation (NASDAQ:KLAC)
Nov 01What Is KLA Corporation's (NASDAQ:KLAC) Share Price Doing?
Oct 14Understanding KLA Corp: A Deep Dive Into Growth Drivers And Business Fundamentals
Sep 30KLA Corporation (NASDAQ:KLAC) Not Flying Under The Radar
Sep 29KLA Corporation: Growth Recovery Supports Current Stock Price Level
Aug 30Returns on Capital Paint A Bright Future For KLA (NASDAQ:KLAC)
Aug 29KLA Corporation: I Am Downgrading Despite Robust Earnings
Jul 26Estimating The Fair Value Of KLA Corporation (NASDAQ:KLAC)
Jul 15KLA Corporation: Is Positioned For A Cyclical Upswing Driven By AI
Jul 10KLA Corporation's (NASDAQ:KLAC) P/E Is On The Mark
Jun 30At US$794, Is It Time To Put KLA Corporation (NASDAQ:KLAC) On Your Watch List?
Jun 11KLAC: Hold Despite Long-Term Chip Growth Potential
May 25KLA (NASDAQ:KLAC) Seems To Use Debt Quite Sensibly
May 21KLA: Benefiting From The Need For High Yields In Sub-5nm Chip Production
May 15Earnings Beat: KLA Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Apr 27KLA 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 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$3b |
| Jun 30 2024 | US$23m | US$1m | US$3b |
| 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$802m |
Compensation vs Market: Rick's total compensation ($USD22.83M) is above average for companies of similar size in the US market ($USD12.86M).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.9yrs | US$22.83m | 0.021% $ 17.6m | |
| Executive VP & CFO | 11.3yrs | US$7.45m | 0.0099% $ 8.4m | |
| President of Semiconductor Process Control | 9.3yrs | US$7.45m | 0.0066% $ 5.6m | |
| Executive Vice President of Global Support & Services | 8.8yrs | US$3.78m | 0.0030% $ 2.5m | |
| Senior VP & Chief Accounting Officer | 16.8yrs | US$1.31m | 0.00023% $ 194.1k | |
| CTO & Executive VP of Corporate Alliances | 30.9yrs | US$1.88m | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | 4.3yrs | US$4.33m | 0% $ 0 | |
| Senior VP & Chief Communications Officer | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 5.9yrs | no data | no data | |
| Executive VP of Government Affairs & Head of KLA Europe | 16.3yrs | US$5.53m | no data |
11.3yrs
Average Tenure
57.5yo
Average Age
Experienced Management: KLAC's management team is seasoned and experienced (11.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.9yrs | US$22.83m | 0.021% $ 17.6m | |
| Founder & Chairman Emeritus | 18.2yrs | US$356.35k | no data | |
| Independent Chairman | 17.8yrs | US$479.56k | 0.011% $ 9.2m | |
| Independent Director | 14.1yrs | US$353.59k | 0.011% $ 9.1m | |
| Independent Director | 17.6yrs | US$361.09k | 0.0056% $ 4.7m | |
| Independent Director | 5.8yrs | US$351.09k | 0.0039% $ 3.3m | |
| Independent Director | 10.9yrs | US$353.59k | 0.0085% $ 7.2m | |
| Independent Director | 10.9yrs | US$378.59k | 0.011% $ 9.3m | |
| Independent Director | 1.4yrs | US$347.60k | 0.00047% $ 396.5k | |
| Independent Director | 5.5yrs | US$351.09k | 0.0027% $ 2.2m |
12.5yrs
Average Tenure
65yo
Average Age
Experienced Board: KLAC's board of directors are seasoned and experienced ( 12.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:39 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| 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 |
| |
| Management | 10 years |
| |
| 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
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.
| Analyst | Institution |
|---|---|
| James Kelleher | Argus Research Company |
| Ianjit Bhatti | Atlantic Equities LLP |
| Ishan Majumdar | Baptista Research |