CEO Salary & Executive Compensation
KLA Corporation KLAC
CEO: Rick Wallace · Semiconductor Equipment · 15,500 employees
Rick Wallace, CEO of KLA Corporation (KLAC), earned $12.0M in total compensation in 2025. KLA Corporation receives a Pay-for-Performance grade of B (76/100), with a CEO-to-worker pay ratio of 92:1 and a say-on-pay shareholder approval of 94.1%. The company's 3-year total shareholder return is +17.7%.
How KLA Corporation CEO Pay Compares
Rick Wallace's $12.0M total compensation is 0% below the Semiconductor Equipment industry median of $12.0M. The 92:1 CEO-to-worker pay ratio is 0% lower than the industry average of 92:1.
Rick Wallace, CEO of KLA Corporation (KLAC), received $12.0M in total reported compensation. The package mix typical at this scale: a small base salary, a larger stock-award component, and performance-tied incentives that vest over multiple years based on relative TSR or earnings benchmarks.
The CEO-to-median-worker pay ratio runs 92x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Performance has been positive over the three-year window: TSR of 17.7% alongside 7.6% revenue growth. Compensation packages tied to relative TSR or absolute return benchmarks would have vested at or near target levels with this performance profile.
Shareholders supported the compensation package at 94% on the most recent say-on-pay vote. Solid support without overwhelming endorsement is the typical pattern for established public companies with conventional compensation programs. KLA Corporation operates in Semiconductor Equipment with 15,500 employees and $10.5B in annual revenue, and currently carries a market capitalization of $100.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for KLA Corporation (KLAC).
Compensation Breakdown
Rick Wallace's $12.0M total compensation package for fiscal year 2025 includes $1.2M in base salary, $6.0M in stock awards, $1.4M in option awards, and $1.8M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2024 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2023 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2022 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
Named Executive Officers
Peer CEO Compensation
More Semiconductor Equipment Companies
Rick Wallace, CEO of KLA Corporation (KLAC), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Rick Wallace, CEO of KLA Corporation (KLAC), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
KLA Corporation has a Pay-for-Performance Score of B (76/100). The company's 3-year total shareholder return is +17.7%, and the say-on-pay shareholder vote passed with 94.1% approval.
The CEO-to-median-worker pay ratio at KLA Corporation is 92:1. The median worker at KLA Corporation earns $130K per year, while CEO Rick Wallace earns $12.0M in total compensation.
KLA Corporation employs approximately 15,500 people. The company operates in the Semiconductor Equipment industry within the Technology sector, generating $10.5B in annual revenue.