KLA (KLAC) executive compensation, 2026 proxy

Richard Wallace, President & Chief Executive Officer, was paid $30M in fiscal Year 2026, up 19% from $25.1M the year before. The CEO-to-median-employee pay ratio was 300:1, on median employee pay of $99,696.

Filed
September 22, 2026
Annual meeting
November 4, 2026
Pay year
fiscal Year 2026
Named executives
5
CEO total pay
$30M+19% vs prior year
CEO to median employee
300:1median $99,696
CEO pay in equity
78%$23.5M in awards
Prior say-on-pay support
92%of votes cast
Say-on-pay support
92.4%2025 annual meeting votes cast
CEO annual PRSU value
$14,084,332Grant-date fair value at target
CEO PRSU maximum value
$28,168,669Grant-date fair value at maximum
PRSU target performance
55th percentileRelative Free Cash Flow Margin

How Wallace was paid

$30M in total for fiscal Year 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary4%Stock awards78%Non-equity incentive17%All other compensation0%

Named executive officers

ExecutiveTotal
Richard WallacePresident & Chief Executive Officer$29,954,476
Bren HigginsExecutive Vice President & Chief Financial Officer$9,493,509
Ahmad KhanPresident, Semiconductor Products and Customers$9,486,370
Brian LorigExecutive Vice President, KLA Global Services$6,019,695
Mary Beth WilkinsonExecutive Vice President, Chief Legal Officer & Corporate Secretary$3,463,597

What changed and why

  • $25.1M29,954,476: CEO total compensation increased from $25,104,584 in fiscal 2025.
  • 23,473,887: CEO stock awards represented the largest component of fiscal 2026 compensation.
  • $3.7M5,132,789: CEO non-equity incentive compensation increased from $3,704,317 in fiscal 2025.
  • $99,696300:1: CEO pay ratio, based on median employee compensation of $99,696.
  • 100%55th percentile: Annual PRSUs earn 100% of target shares at this Relative Free Cash Flow Margin performance.
  • 200%200%: Annual PRSUs can earn up to twice the target number of shares at or above the 80th percentile.

Other KLA proxy statements

  • 2025 proxy statement

    Richard Wallace paid $25.1M (+10% on the year), pay ratio 257:1.

    Filed Sep 23, 2025

About this page

The figures were read out of the DEF 14A proxy statement on EDGAR by a language model and every number was then checked against the filing text; a figure that could not be found there is left out rather than shown. Totals follow SEC rules, which value stock and option awards at grant. Read the filing for footnotes and the compensation committee's full reasoning.

KLA (KLAC) Executive Compensation: 2026 Proxy Statement | Gloomberb