KLA-Tencor CEO Richard Wallace's 2018 pay slips 15% to $12M
KLA-Tencor reports 2018 executive compensation
By ExecPay News
Published: September 28, 2018
KLA-Tencor reported fiscal year 2018 executive compensation information on September 28, 2018.
In 2018, five KLA-Tencor executives received on average a compensation package of $5.1M, a 20% decrease compared to previous year.
Average pay of disclosed executives at KLA-Tencor
Richard P. Wallace, Chief Executive Officer, received $12M in total, which decreased by 15% compared to 2017. 54% of Wallace's compensation, or $6.7M, was in stock awards. Wallace also received $3.2M in non-equity incentive plan, $900K in salary, as well as $1.6M in other compensation.
Ahmad A. Khan, Executive Vice President, Global Products Group, received a compensation package of $4.2M, which decreased by 1% compared to previous year. 55% of the compensation package, or $2.3M, was in stock awards.
Bren D. Higgins, Chief Financial Officer, earned $4M in 2018, a 17% decrease compared to previous year.
Brian M. Trafas, Executive Vice President, Global Customer Organization, received $3.2M in 2018, which increases by 7% compared to 2017.
Teri A. Little, Chief Legal Officer, earned $1.8M in 2018.
KLA-Tencor's fiscal year ends on June 30.
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Source: SEC filing on September 28, 2018.