KLA-Tencor CEO Richard Wallace's 2019 pay jumps 66% to $21M
KLA-Tencor reports 2019 executive compensation
By ExecPay News
Published: September 23, 2020
KLA-Tencor reported fiscal year 2019 executive compensation information on September 23, 2020.
In 2019, seven KLA-Tencor executives received on average a compensation package of $8.5M, a 65% increase compared to previous year.
Average pay of disclosed executives at KLA-Tencor
Richard P. Wallace, Chief Executive Officer, received $21M in total, which increased by 66% compared to 2018. 78% of Wallace's compensation, or $16M, was in stock awards. Wallace also received $2.3M in non-equity incentive plan, $900K in salary, as well as $1.3M in other compensation.
For fiscal year 2019, the median employee pay was $85,968 at KLA-Tencor. Therefore, the ratio of Richard P. Wallace's pay to the median employee pay was 239 to one.
Amichai Steimberg, Chief Executive Officer, received a compensation package of $7.8M. 74% of the compensation package, or $5.7M, was in stock awards.
Ahmad A. Khan, President, Semiconductor Process Control, earned $7.4M in 2019, a 78% increase compared to previous year.
Asher Levy, Chief Executive Officer, received $7.2M in 2019.
Bren D. Higgins, Chief Financial Officer, earned $6.9M in 2019, a 72% increase compared to previous year.
Brian M. Trafas, Executive Vice President, Global Customer Organization, received $5.6M in 2019, which increases by 77% compared to 2018.
Teri A. Little, Chief Legal Officer, earned $3.8M in 2019, a 108% increase compared to previous year.
KLA-Tencor's fiscal year ends on June 30.
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Richard Wallace
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Chief Executive Officer
Bren Higgins
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Chief Financial Officer
Ahmad Khan
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President, Semiconductor Process Control
Brian Trafas
KLA-Tencor
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Amichai Steimberg
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Source: SEC filing on September 23, 2020.