Lam Research (LRCX) executive compensation, 2026 proxy

Timothy M. Archer, President, Chief Executive Officer, was paid $40.4M in 2026, up 43% from $28.3M the year before. The CEO-to-median-employee pay ratio was 500:1, on median employee pay of $80,764.

Filed
September 24, 2026
Annual meeting
November 3, 2026
Pay year
2026
Named executives
5
CEO total pay
$40.4M+43% vs prior year
CEO to median employee
500:1median $80,764
CEO pay in equity
83%$33.5M in awards
CEO stock awards
$33.5MFiscal 2026 grant-date value
EVP LTIP market-based PRSUs
60%Of target award opportunity
SVP LTIP market-based PRSUs
55%Of target award opportunity
Annual incentive maximum
250%Of target
LTIP PRSU maximum
150%Of target shares

How Archer was paid

$40.4M in total for 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary3%Stock awards83%Non-equity incentive13%All other compensation0%

Named executive officers

ExecutiveTotal
Timothy M. ArcherPresident, Chief Executive Officer$40,354,475
Douglas R. BettingerExecutive Vice President, Chief Financial Officer$10,792,837
Seshasayee (Sesha) VaradarajanExecutive Vice President, Chief Operating Officer$10,575,957
Neil J. FernandesSenior Vice President, Global Customer Operations$6,636,365
Vahid VahediSenior Vice President, Chief Technology and Sustainability Officer$7,119,123

What changed and why

  • $40.4M$40.4 million CEO total compensation increased from $28.3 million in fiscal 2025.
  • $33.5M$33.5 million in CEO stock awards represented the largest component of fiscal 2026 compensation.
  • $80,764500:1 was the fiscal 2026 CEO-to-median-employee pay ratio, based on $80,764 median compensation.
  • 60%60% of EVP LTIP target awards were market-based PRSUs and 40% were service-based RSUs.
  • 250%250% of target was the maximum annual incentive payout opportunity for fiscal 2026.
  • $216K$215,728 in HSR Act filing fees and related legal fees were paid for the CEO and CFO.

Other Lam Research proxy statements

  • 2025 proxy statement

    Timothy M. Archer paid $28.3M (-6% on the year), pay ratio 310:1.

    Filed Sep 24, 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.

Lam Research (LRCX) Executive Compensation: 2026 Proxy Statement | Gloomberb