Photronics Management
Management criteria checks 2/4
Photronics' CEO is Frank Lee, appointed in May 2022, has a tenure of 2.67 years. total yearly compensation is $4.06M, comprised of 18.5% salary and 81.5% bonuses, including company stock and options. directly owns 0.92% of the company’s shares, worth $14.27M. The average tenure of the management team and the board of directors is 1.8 years and 5.3 years respectively.
Key information
Frank Lee
Chief executive officer
US$4.1m
Total compensation
| CEO salary percentage | 18.5% |
| CEO tenure | 2.7yrs |
| CEO ownership | 0.9% |
| Management average tenure | 1.8yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
Photronics (NASDAQ:PLAB) Shareholders Will Want The ROCE Trajectory To Continue
Jan 19
Photronics: A Hidden AI Growth Gem
Dec 26Is Now An Opportune Moment To Examine Photronics, Inc. (NASDAQ:PLAB)?
Dec 18Photronics: Pull-Back On Soft Near-Term Demand Creates Long-Term Buying Opportunity
Nov 04Does Photronics (NASDAQ:PLAB) Deserve A Spot On Your Watchlist?
Sep 26Photronics Q3 Results: Recovery Delayed, I'm Not Adding Now (Rating Downgrade)
Sep 19Photronics, Inc. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Sep 01Photronics: Extremely Undervalued, And A Cash Rich Photomask Leader
Jul 19Is Now The Time To Put Photronics (NASDAQ:PLAB) On Your Watchlist?
Jun 09Photronics Q2 Results: Long-Term Still Intact, Another Opportunity To Accumulate
May 22Lacklustre Performance Is Driving Photronics, Inc.'s (NASDAQ:PLAB) Low P/E
May 22Photronics: A Critical Link In The Global Electronics Supply Chain
May 01What Is Photronics, Inc.'s (NASDAQ:PLAB) Share Price Doing?
Apr 28Photronics: Still A Buy On Strong Demand And Profitability Outlook
Apr 02Photronics (NASDAQ:PLAB) Shareholders Will Want The ROCE Trajectory To Continue
Mar 13Photronics: An Overreaction Presents An Opportunity
Feb 25Should You Be Adding Photronics (NASDAQ:PLAB) To Your Watchlist Today?
Feb 24Photronics: Buybacks May Be On The Radar, Expect Multiples To Soar
Feb 08At US$21.81, Is Photronics, Inc. (NASDAQ:PLAB) Worth Looking At Closely?
Dec 12Photronics (NASDAQ:PLAB) Might Have The Makings Of A Multi-Bagger
Nov 08Is Now The Time To Put Photronics (NASDAQ:PLAB) On Your Watchlist?
Sep 29Is It Too Late To Consider Buying Photronics, Inc. (NASDAQ:PLAB)?
Aug 16Photronics (NASDAQ:PLAB) Is Achieving High Returns On Its Capital
Jul 29We Ran A Stock Scan For Earnings Growth And Photronics (NASDAQ:PLAB) Passed With Ease
Jun 22Is Now The Time To Look At Buying Photronics, Inc. (NASDAQ:PLAB)?
May 12Photronics (NASDAQ:PLAB) Might Have The Makings Of A Multi-Bagger
Apr 26Do Photronics' (NASDAQ:PLAB) Earnings Warrant Your Attention?
Mar 14Should You Investigate Photronics, Inc. (NASDAQ:PLAB) At US$18.74?
Jan 26These 4 Measures Indicate That Photronics (NASDAQ:PLAB) Is Using Debt Safely
Jan 10There's Been No Shortage Of Growth Recently For Photronics' (NASDAQ:PLAB) Returns On Capital
Dec 14With EPS Growth And More, Photronics (NASDAQ:PLAB) Makes An Interesting Case
Nov 10Is Photronics (NASDAQ:PLAB) Using Too Much Debt?
Sep 20Photronics: Use Its Recent Capitulation To Buy Aggressively
Sep 14Photronics FQ3 2022 Earnings Preview
Aug 29Photronics: Play The Semiconductor Boom
Aug 01Photronics: Long-Term Contracts Provide Visibility Into 2024, Priced At 9x Free Cash Flow
Jun 28I Ran A Stock Scan For Earnings Growth And Photronics (NASDAQ:PLAB) Passed With Ease
Jun 01Photronics: Extreme Value In The Semiconductor Sector
May 26CEO 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 about average for companies of similar size in the US market ($USD5.37M).
Compensation vs Earnings: Frank's compensation has increased by more than 20% in the past year.
CEO
Frank Lee (71 yo)
2.7yrs
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 |
|---|---|---|---|---|
| Executive Chairman | 23yrs | US$356.40k | 0.15% $ 2.4m | |
| CEO & Director | 2.7yrs | US$4.06m | 0.92% $ 14.3m | |
| Executive VP of Strategic Planning & CTO | 20.8yrs | US$1.64m | 0.36% $ 5.7m | |
| Senior VP & GM of FPD Operations | no data | US$1.39m | 0.19% $ 2.9m | |
| CFO, VP | 5.1yrs | no data | 0.16% $ 2.5m | |
| Vice President of Investor Relations | no data | no data | no data | |
| VP, General Counsel & Corporate Secretary | less than a year | no data | no data | |
| Vice President of Global Human Resources | less than a year | no data | no data | |
| Senior Vice President of US/EU Mainstream Operations & Global Production Control | 3yrs | no data | no data | |
| SVP and COO of Asia IC | 1yr | no data | 0.22% $ 3.3m |
1.8yrs
Average Tenure
57yo
Average Age
Experienced Management: PLAB's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 23yrs | US$356.40k | 0.15% $ 2.4m | |
| CEO & Director | 2.7yrs | US$4.06m | 0.92% $ 14.3m | |
| Director | 51yrs | US$376.40k | 0.76% $ 11.9m | |
| Independent Director | 21yrs | US$361.40k | 0.10% $ 1.6m | |
| Independent Director | 2.7yrs | US$351.40k | 0.035% $ 546.7k | |
| Lead Independent Director | 41yrs | US$376.40k | 0.051% $ 786.2k | |
| Independent Director | 4.3yrs | US$351.40k | 0.095% $ 1.5m | |
| Independent Director | 5.3yrs | US$383.90k | 0.11% $ 1.7m | |
| Director | less than a year | no data | no data |
5.3yrs
Average Tenure
69.5yo
Average Age
Experienced Board: PLAB's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 23:13 |
| End of Day Share Price | 2025/01/21 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 |