How Wallace was paid
$25.1M in total for fiscal Year 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Richard WallacePresident & Chief Executive Officer | $1,190,481 | $20,147,371 | $3,704,317 | $50,085 | $25,092,254 |
| Bren HigginsExecutive Vice President & Chief Financial Officer | $750,000 | $5,494,737 | $1,433,077 | $34,988 | $7,712,802 |
| Ahmad KhanPresident, Semiconductor Products and Customers | $750,000 | $5,494,737 | $1,433,077 | $32,630 | $7,710,444 |
| Oreste DonzellaFormer Executive Vice President and Chief Strategy Officer | $362,558 | $915,789 | $466,720 | $4,790,950 | $6,536,017 |
| Brian LorigExecutive Vice President, KLA Global Services | $543,654 | $3,663,158 | $775,855 | $13,486 | $4,996,153 |
| Mary Beth WilkinsonExecutive Vice President, Chief Legal Officer & Corporate Secretary | $555,558 | $1,923,158 | $619,842 | $30,471 | $3,129,029 |
What changed and why
- $25.1M$25,092,254 CEO total compensation increased from $22,832,965 in fiscal 2024.
- $20.1M$20,147,371 CEO stock awards represented the largest component of fiscal 2025 compensation.
- 200%200% of target shares could be earned under annual PRSUs for performance at or above the 80th percentile.
- Relative Free Cash Flow Margin determined annual PRSU payouts over the three-year period ending June 30, 2027.
- Operating Margin Dollar achievement and a corporate balanced scorecard determined annual cash incentives.
- $4.8M$4,763,973 in expatriate payments drove Oreste Donzella’s $4,790,950 in other compensation.
Other KLA proxy statements
- 2026 proxy statement
Richard Wallace paid $30M (+19% on the year), pay ratio 300:1.
Filed Sep 22, 2026
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.