Richard Wallace Net Worth

The estimated Net Worth of Richard P Wallace is at least $267 Million dollars as of 6 August 2024. Mr. Wallace owns over 17,437 units of KLA stock worth over $78,872,462 and over the last 21 years he sold KLAC stock worth over $167,325,367. In addition, he makes $20,512,400 as President, Chief Executive Officer, and Director at KLA.

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Mr. Wallace KLAC stock SEC Form 4 insiders trading

Richard has made over 86 trades of the KLA stock since 2003, according to the Form 4 filled with the SEC. Most recently he sold 17,437 units of KLAC stock worth $12,293,259 on 6 August 2024.

The largest trade he's ever made was selling 115,002 units of KLA stock on 1 March 2013 worth over $6,244,609. On average, Richard trades about 17,083 units every 47 days since 2003. As of 6 August 2024 he still owns at least 105,329 units of KLA stock.

You can see the complete history of Mr. Wallace stock trades at the bottom of the page.

Richard Wallace biography

Richard P. Wallace is President, Chief Executive Officer and Director of the Company. Mr. Wallace currently serves as our President and Chief Executive Officer. He has been our Chief Executive Officer since January 2006 and has also served as our President since November 2008. He began at KLA Instruments in 1988 as an applications engineer and has held various general management positions throughout his 31 years with us, including positions as President and Chief Operating Officer from July 2005 to December 2005, Executive Vice President of the Customer Group from May 2004 to July 2005, and Executive Vice President of the Wafer Inspection Group from July 2000 to May 2004. Earlier in his career, he held positions with Ultratech Stepper and Cypress Semiconductor. Mr. Wallace previously served as a member of the Board of Directors of SEMI (Semiconductor Equipment and Materials International), a prominent industry association, including as SEMI’s Chairman of the Board. He earned his bachelor’s degree in electrical engineering from the University of Michigan and his master’s degree in engineering management from Santa Clara University, where he also taught strategic marketing and global competitiveness courses after his graduation. As our President and Chief Executive Officer and a KLA employee for 31 years, Mr. Wallace brings to the Board extensive leadership and semiconductor industry experience, including a deep knowledge and understanding of our business, operations and employees, the opportunities and risks faced by KLA, and management’s strategy and plans for accomplishing our goals. In addition, Mr. Wallace’s current service as a member of the Boards of Directors of KLA and Proofpoint give him a strong understanding of his role as a Director and a broad perspective on key industry issues and corporate governance matters

What is the salary of Richard Wallace?

As the President, Chief Executive Officer, and Director of KLA, the total compensation of Richard Wallace at KLA is $20,512,400. There are no executives at KLA getting paid more.

How old is Richard Wallace?

Richard Wallace is 60, he's been the President, Chief Executive Officer, and Director of KLA since 2008. There are 9 older and 13 younger executives at KLA. The oldest executive at KLA Corp. is Edward Barnholt, 76, who is the Independent Chairman of the Board.

What's Richard Wallace's mailing address?

Richard's mailing address filed with the SEC is ONE TECHNOLOGY DRIVE, , MILPITAS, CA, 95035.

Insiders trading at KLA

Over the last 22 years, insiders at KLA have traded over $365,339,546 worth of KLA stock and bought 6,905 units worth $426,437 . The most active insiders traders include H Raymond Bingham, Michael E Marks, and Gary E Dickerson. On average, KLA executives and independent directors trade stock every 10 days with the average trade being worth of $7,644,703. The most recent stock trade was executed by Ahmad A. Khan on 19 August 2024, trading 9,676 units of KLAC stock currently worth $7,919,903.

What does KLA do?

kla-tencor corporation, a leading provider of process control and yield management solutions, partners with customers around the world to develop state-of-the-art inspection and metrology technologies. these technologies serve the semiconductor, data storage, led, and other related nanoelectronics industries. with a portfolio of industry-standard products and a team of world-class engineers and scientists, the company has created superior solutions for its customers for more than 37 years. headquartered in milpitas, calif., kla-tencor has dedicated customer operations and service centers around the world. additional information may be found at www.kla-tencor.com.

Complete history of Mr. Wallace stock trades at KLA, Marvell Technology Inc, Netapp Inc, Proofpoint Inc, and Splunk Inc

KLA executives and stock owners

KLA executives and other stock owners filed with the SEC include:

• Richard Wallace,
  President, Chief Executive Officer, Director
• Amichai Steimberg,
  Chief Executive Officer of Orbotech Ltd
• Ahmad Khan,
  Executive Vice President - Global Products Group
• Bren Higgins,
  Chief Financial Officer, Executive Vice President
• Richard P. Wallace,
  Pres, CEO & Exec. Director
• Ahmad A. Khan,
  Pres of Semiconductor Process Control
• Bren D. Higgins,
  Exec. VP & CFO
• Mary Beth Wilkinson,
  Exec. VP, Chief Legal Officer & Corp. Sec.
• Brian W. Lorig,
  Exec. VP and GM of Global Support & Services
• Virendra Kirloskar,
  Senior Vice President, Chief Accounting Officer
• Edward Barnholt,
  Independent Chairman of the Board
• Ana Pinczuk,
  Director
• Robert Calderoni,
  Independent Director
• Kevin Kennedy,
  Independent Director
• Kiran Patel,
  Independent Director
• John Dickson,
  Independent Director
• Emiko Higashi,
  Independent Director
• Robert Rango,
  Independent Director
• Gary Moore,
  Independent Director
• Victor Peng,
  Independent Director
• Jeneanne Hanley,
  Independent Director
• Kessel Kevin,
  Vice President - Investor Relations
• Marie Myers,
  Director
• Brian Lorig,
  Senior Vice President - Global Support and Services
• MaryBeth Wilkinson,
  Executive Vice President, Chief Legal Officer and Corporate Secretary
• Randi Polanich,
  VP & Chief Communications Officer
• Becky Howland Ph.D.,
  Sr. Director of Corp. Communications
• Kevin M. Kessel C.F.A.,
  VP of Investor Relations
• Dr. Ben Bin-Ming Tsai,
  CTO & Exec. VP of Corp. Alliances
• Virendra A. Kirloskar,
  Sr. VP & Chief Accounting Officer
• David C Wang,
  Director
• Bobby R Bell,
  Executive Vice President
• Michael Kirk,
  Executive Vice President
• Brian M. Trafas,
  Executive Vice President
• Teri A. Little,
  EVP, CLO and Secretary
• Asher Levy,
  CEO - Orbotech Ltd.
• Gary E Dickerson,
  President and
• Kenneth Levy,
  Chairman of the Board
• Dennis J Fortino,
  Executive Vice President
• John Peter Campagna,
  Vice President and Treasurer
• Jeffrey Hall,
  VP, Corporate Finance
• Lawrence A Gross,
  EVP-Legal and Interim GC
• Lida Urbanek,
  Director
• Bin Ming Ben Tsai,
  Executive Vice President
• Kenneth L Schroeder,
  Chief Executive Officer
• Richard J Jr Elkus,
  Director
• Lance A Glasser,
  Group V.P., WIG
• Robert P Akins,
  Director
• H Raymond Bingham,
  Director
• Stephen P Kaufman,
  Director
• Brian Martin,
  GENERAL COUNSEL
• Robert T Bond,
  Director
• Stuart J Nichols,
  General Counsel
• Jorge Titinger,
  SVP, Chief Admin. Officer
• Jon D Tompkins,
  Director
• Stan Yarbro,
  Group VP, Field Operations
• John H Kispert,
  Chief Financial Officer
• Mark P Dentinger,
  EVP & Chief Financial Officer
• Maureen L Lamb,
  Vice President, Finance and
• Michael E Marks,
  Director
• Avi Cohen,
  VP, Pattern Solutions Group
• Oreste Donzella,
  Executive Vice President
• Mary Beth Wilkinson,
  EVP, CLO and Secretary
• Michael R. Mc Mullen,