KLA-Tencor CEO Richard Wallace's 2020 pay falls 35% to $13M
KLA-Tencor reports 2020 executive compensation
By ExecPay News
Published: September 23, 2020
KLA-Tencor reported fiscal year 2020 executive compensation information on September 23, 2020.
In 2020, six KLA-Tencor executives received on average a compensation package of $5.3M, a 37% decrease compared to previous year.
Average pay of disclosed executives at KLA-Tencor
Richard P. Wallace, Chief Executive Officer, received $13M in total, which decreased by 35% compared to 2019. 66% of Wallace's compensation, or $8.8M, was in stock awards. Wallace also received $2.6M in non-equity incentive plan, $967K in salary, as well as $951K in other compensation.
For fiscal year 2020, the median employee pay was $85,924 at KLA-Tencor. Therefore, the ratio of Richard P. Wallace's pay to the median employee pay was 155 to one.
Ahmad A. Khan, President, Semiconductor Process Control, received a compensation package of $5.9M, which decreased by 21% compared to previous year. 70% of the compensation package, or $4.1M, was in stock awards.
Bren D. Higgins, Chief Financial Officer, earned $5.3M in 2020, a 24% decrease compared to previous year.
Teri A. Little, Chief Legal Officer, received $2.6M in 2020, which decreases by 31% compared to 2019.
Brian Lorig, Executive Vice President, Global Support and Services, earned $2.5M in 2020.
Oreste Donzella, Executive Vice President, Electronics, Packaging and, received $2.5M in 2020.
KLA-Tencor's fiscal year ends on June 30.
Related executives
Richard Wallace
KLA-Tencor
Chief Executive Officer
Bren Higgins
KLA-Tencor
Chief Financial Officer
Ahmad Khan
KLA-Tencor
President, Semiconductor Process Control
Brian Lorig
KLA-Tencor
Executive Vice President, Global Support and Services
Oreste Donzella
KLA-Tencor
Executive Vice President, Electronics, Packaging and
Teri Little
KLA-Tencor
Chief Legal Officer
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Source: SEC filing on September 23, 2020.