Lam Research Management
Management criteria checks 3/4
Lam Research's CEO is Tim Archer, appointed in Jan 2018, has a tenure of 6.25 years. total yearly compensation is $18.31M, comprised of 6.3% salary and 93.7% bonuses, including company stock and options. directly owns 0.076% of the company’s shares, worth $88.55M. The average tenure of the management team and the board of directors is 3.5 years and 4.9 years respectively.
Key information
Tim Archer
Chief executive officer
US$18.3m
Total compensation
| CEO salary percentage | 6.3% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.08% |
| Management average tenure | 3.5yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
Lam Research: Benefiting From HBM-Driven DRAM; Initiate With 'Strong Buy'
Apr 18Lam Research: A Favorite In The Semis - Initiating With A Buy
Apr 09Why We're Not Concerned About Lam Research Corporation's (NASDAQ:LRCX) Share Price
Apr 04
Lam Research: Stock Price Runup Justified But Upside Now Limited
Feb 24Here's What's Concerning About Lam Research's (NASDAQ:LRCX) Returns On Capital
Feb 22Investors Can Find Comfort In Lam Research's (NASDAQ:LRCX) Earnings Quality
Feb 09Lam Research Corporation (NASDAQ:LRCX) Released Earnings Last Week And Analysts Lifted Their Price Target To US$872
Jan 31Lam Research (NASDAQ:LRCX) Has A Pretty Healthy Balance Sheet
Jan 28Lam Research: Lack Of Clarity On NAND A Significant Headwind In 2024
Jan 25Lam Research: Positioned Strongly (And Expensively) For AI Secular Trends
Jan 17Lam Research Corporation (NASDAQ:LRCX) Shares Could Be 25% Above Their Intrinsic Value Estimate
Jan 02Lam Research Corporation's (NASDAQ:LRCX) Price Is Out Of Tune With Earnings
Dec 21Why Lam Research Corporation (NASDAQ:LRCX) Could Be Worth Watching
Dec 09Lam Research (NASDAQ:LRCX) Might Become A Compounding Machine
Nov 15Is Lam Research (NASDAQ:LRCX) A Risky Investment?
Sep 27A Look At The Fair Value Of Lam Research Corporation (NASDAQ:LRCX)
Aug 30Why Lam Research Corporation (NASDAQ:LRCX) Could Be Worth Watching
Aug 17Lam Research (NASDAQ:LRCX) Could Become A Multi-Bagger
Jul 10Is Lam Research (NASDAQ:LRCX) A Risky Investment?
Jun 29If EPS Growth Is Important To You, Lam Research (NASDAQ:LRCX) Presents An Opportunity
Jun 07A Look At The Intrinsic Value Of Lam Research Corporation (NASDAQ:LRCX)
May 16Is It Too Late To Consider Buying Lam Research Corporation (NASDAQ:LRCX)?
May 05Why We Like The Returns At Lam Research (NASDAQ:LRCX)
Apr 01Is Lam Research (NASDAQ:LRCX) A Risky Investment?
Mar 20If EPS Growth Is Important To You, Lam Research (NASDAQ:LRCX) Presents An Opportunity
Mar 04Calculating The Intrinsic Value Of Lam Research Corporation (NASDAQ:LRCX)
Feb 10Should You Investigate Lam Research Corporation (NASDAQ:LRCX) At US$445?
Jan 08Investors Should Be Encouraged By Lam Research's (NASDAQ:LRCX) Returns On Capital
Dec 27Lam Research (NASDAQ:LRCX) Could Easily Take On More Debt
Dec 16Lam Research (NASDAQ:LRCX) Ticks All The Boxes When It Comes To Earnings Growth
Nov 24Is There An Opportunity With Lam Research Corporation's (NASDAQ:LRCX) 47% Undervaluation?
Nov 01Lam Research: Minimal Impact From Restrictions
Oct 15Returns On Capital Are A Standout For Lam Research (NASDAQ:LRCX)
Sep 26Lam Research: Fundamentals Have Caught On With The Valuation Once Again
Sep 15Here How Much AMAT, KLAC, LRCX, and AMD may be Impacted by Future Licensing Requirements for China
Sep 13
Is Now An Opportune Moment To Examine Lam Research Corporation (NASDAQ:LRCX)?
Sep 11Is Lam Research (NASDAQ:LRCX) A Risky Investment?
Aug 30Lam Research raises dividend 15% to $1.725/shares
Aug 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 24 2023 | n/a | n/a | US$3b |
| Sep 24 2023 | n/a | n/a | US$4b |
| Jun 25 2023 | US$18m | US$1m | US$5b |
| Mar 26 2023 | n/a | n/a | US$5b |
| Dec 25 2022 | n/a | n/a | US$5b |
| Sep 25 2022 | n/a | n/a | US$5b |
| Jun 26 2022 | US$17m | US$1m | US$5b |
| Mar 27 2022 | n/a | n/a | US$5b |
| Dec 26 2021 | n/a | n/a | US$5b |
| Sep 26 2021 | n/a | n/a | US$4b |
| Jun 27 2021 | US$15m | US$1m | US$4b |
| Mar 28 2021 | n/a | n/a | US$3b |
| Dec 27 2020 | n/a | n/a | US$3b |
| Sep 27 2020 | n/a | n/a | US$3b |
| Jun 28 2020 | US$12m | US$1m | US$2b |
| Mar 29 2020 | n/a | n/a | US$2b |
| Dec 29 2019 | n/a | n/a | US$2b |
| Sep 29 2019 | n/a | n/a | US$2b |
| Jun 30 2019 | US$14m | US$810k | US$2b |
| Mar 31 2019 | n/a | n/a | US$3b |
| Dec 23 2018 | n/a | n/a | US$3b |
| Sep 23 2018 | n/a | n/a | US$2b |
| Jun 24 2018 | US$7m | US$675k | US$2b |
| Mar 25 2018 | n/a | n/a | US$2b |
| Dec 24 2017 | n/a | n/a | US$2b |
| Sep 24 2017 | n/a | n/a | US$2b |
| Jun 25 2017 | US$6m | US$647k | US$2b |
Compensation vs Market: Tim's total compensation ($USD18.31M) is above average for companies of similar size in the US market ($USD13.41M).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
CEO
Tim Archer (56 yo)
6.3yrs
Tenure
US$18,310,099
Compensation
Mr. Timothy M. Archer, also known as Tim, is Independent Director of Johnson Controls International plc from March 13, 2024. He has been President and Chief Executive Officer of Lam Research Corporation si...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.3yrs | US$18.31m | 0.076% $ 88.5m | |
| Executive VP & CFO | 11.1yrs | US$5.73m | 0.073% $ 85.4m | |
| Executive VP & COO | 1.2yrs | US$4.68m | 0.0017% $ 1.9m | |
| Senior VP and Chief Technology & Sustainability Officer | 1.1yrs | US$4.01m | 0.019% $ 22.5m | |
| Senior Vice President of The Global Products Group | 6.2yrs | US$4.19m | 0.010% $ 12.0m | |
| Chief Accounting Officer | 4yrs | no data | 0.0042% $ 4.9m | |
| Corporate VP & Chief Communication Officer | less than a year | no data | no data | |
| Senior VP & Chief HR Officer | 3.7yrs | no data | no data | |
| Executive VP & Strategic Advisor to the CEO of Innovation Ecosystem | 1.2yrs | US$4.15m | 0.021% $ 24.3m | |
| Senior Vice President of Corporate Strategy | 3.3yrs | no data | no data | |
| Senior Vice President of Global Customer Operations | 1.1yrs | no data | 0.0086% $ 10.1m | |
| Vice President of General Legal - Support Groups | 16.7yrs | no data | 0.0060% $ 7.0m |
3.5yrs
Average Tenure
56yo
Average Age
Experienced Management: LRCX's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.3yrs | US$18.31m | 0.076% $ 88.5m | |
| Independent Director | 13.2yrs | US$400.75k | 0.014% $ 16.3m | |
| Independent Director | 13.6yrs | US$405.75k | 0.021% $ 24.9m | |
| Independent Director | 7.6yrs | US$375.75k | 0.0054% $ 6.3m | |
| Independent Director | 4.9yrs | US$400.75k | 0.0019% $ 2.2m | |
| Independent Chairman of the Board | 13.2yrs | US$535.75k | 0.0078% $ 9.0m | |
| Independent Director | 4.9yrs | US$393.25k | 0.0021% $ 2.4m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 4.8yrs | US$382.00k | 0.0021% $ 2.4m | |
| Independent Director | 2.4yrs | US$378.25k | 0.00078% $ 909.0k | |
| Independent Director | 1.2yrs | US$313.59k | 0.00024% $ 279.7k |
4.9yrs
Average Tenure
61yo
Average Age
Experienced Board: LRCX's board of directors are considered experienced (4.9 years average tenure).