Lam Research (LRCX) executive compensation, 2025 proxy

Timothy M. Archer, President, Chief Executive Officer, was paid $28.3M in 2025, down 6% from $30.1M the year before. The CEO-to-median-employee pay ratio was 310:1, on median employee pay of $91,230.

Filed
September 24, 2025
Annual meeting
November 4, 2025
Pay year
2025
Named executives
5
CEO total pay
$28.3M-6% vs prior year
CEO to median employee
310:1median $91,230
CEO pay in equity
85%$24.1M in awards
CEO stock awards
$24,101,123Largest 2025 pay component
EVP LTIP mix
60% / 40%Market PRSUs / service RSUs
SVP LTIP mix
55% / 45%Market PRSUs / service RSUs
AIP payout range
0% to 250%Of target
PRSU vesting range
0% to 150%Based on relative TSR

How Archer was paid

$28.3M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary4%Stock awards85%Non-equity incentive10%All other compensation0%

Named executive officers

ExecutiveTotal
Timothy M. ArcherPresident, Chief Executive Officer$28,298,161
Douglas R. BettingerExecutive Vice President, Chief Financial Officer$8,593,735
Patrick J. LordExecutive Vice President, Chief Operating Officer$7,142,114
Ava A. HarterSenior Vice President, Chief Legal Officer and Secretary$10,591,682
Seshasayee (Sesha) VaradarajanSenior Vice President, Global Products Group$7,180,852

What changed and why

  • $28.3M$28,298,161 CEO total compensation in 2025 compared with $30,135,041 in 2024.
  • $24.1M$24,101,123 in CEO stock awards represented the largest component of 2025 reported compensation.
  • $500K$500,000 new-hire bonus was paid to Chief Legal Officer Ava A. Harter.
  • 60%60% of executive vice president LTIP target awards were market-based PRSUs and 40% were service-based RSUs.
  • 55%55% of senior vice president LTIP target awards were market-based PRSUs and 45% were service-based RSUs.
  • 0%2025 AIP payouts ranged from 0% to 250% of target, with non-GAAP gross margin retained as the profitability metric.

Other Lam Research proxy statements

  • 2026 proxy statement

    Timothy M. Archer paid $40.4M (+43% on the year), pay ratio 500:1.

    Filed Sep 24, 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.