LRCX · Lam Research Corp · Executive Compensation

$230.10 -0.05 (-0.02%) At close · Oct 23

S&P 500 member Nasdaq-100 member Russell 1000 member Rebalance outlook locked

Market Cap

$287.43B

1.25B

Volume · Oct 23 12.74M Avg daily vol (3M) 9.62M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2026

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Timothy M. Archer	President, Chief Executive Officer	$1,316,625	—	$33,539,410	—	$5,442,278	$56,162	$40,354,475
Douglas Bettinger	Executive Vice President, Chief Financial Officer	$785,962	—	$8,242,610	—	$1,632,356	$131,909	$10,792,837
Vahid Vahedi	Senior Vice President, Chief Technology and Sustainability Officer	$668,269	$9,966	$5,234,810	—	$1,190,498	$15,580	$7,119,123
Neil J. Fernandes	Senior Vice President, Global Customer Operations	$650,096	—	$4,784,397	—	$1,186,835	$15,037	$6,636,365

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Timothy Archer	CEO	$1,236,539	—	$24,101,123	—	$2,938,320	$22,179	$28,298,161
Timothy M. Archer	President, Chief Executive Officer	$1,236,539	—	$24,101,123	—	$2,938,320	$22,179	$28,298,161
Ava A. Harter	Senior Vice President, Chief Legal Officer and Secretary	$665,684	$500,000	$8,388,408	$517,991	$357,314	$162,285	$10,591,682
Douglas Bettinger	Executive Vice President, Chief Financial Officer	$743,999	—	$6,800,221	—	$1,022,379	$27,136	$8,593,735
Patrick J. Lord	Executive Vice President, Chief Operating Officer	$699,615	—	$5,500,184	—	$922,510	$19,805	$7,142,114
Vahid Vahedi	Senior Vice President, Chief Technology and Sustainability Officer	$618,269	$1,673	$3,673,330	—	$734,580	$18,327	$5,046,179

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Timothy M. Archer	President, Chief Executive Officer	$1,176,923	—	$19,847,946	$6,261,433	$2,831,300	$17,439	$30,135,041
Timothy Archer	CEO	$1,176,923	—	$19,847,946	$6,261,433	$2,831,300	$17,439	$30,135,041
Douglas Bettinger	Executive Vice President, Chief Financial Officer	$720,591	—	$5,353,700	$1,689,107	$1,001,195	$17,239	$8,781,832
Patrick J. Lord	Executive Vice President, Chief Operating Officer	$599,091	—	$4,292,294	$1,353,582	$806,579	$15,736	$7,067,282
Vahid Vahedi	Senior Vice President, Chief Technology and Sustainability Officer	$553,524	$873	$3,311,056	$742,493	$649,805	$14,995	$5,272,746

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Timothy Archer	CEO	$1,150,000	—	$11,291,907	$3,643,192	$2,212,600	$12,400	$18,310,099
Timothy M. Archer	President, Chief Executive Officer	$1,150,000	—	$11,291,907	$3,643,192	$2,212,600	$12,400	$18,310,099
Douglas Bettinger	Executive Vice President, Chief Financial Officer	$705,000	—	$3,198,654	$1,031,855	$778,320	$12,183	$5,726,012
Patrick J. Lord	Executive Vice President, Chief Operating Officer	$577,661	—	$2,633,964	$849,515	$610,010	$11,392	$4,682,542
Vahid Vahedi	Senior Vice President, Chief Technology and Sustainability Officer	$537,151	—	$2,402,604	$546,418	$516,739	$11,312	$4,014,224

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Timothy Archer	CEO	$1,084,615	—	$10,079,176	$2,669,527	$3,096,188	$11,650	$16,941,156
Timothy M. Archer	President, Chief Executive Officer	$1,084,615	—	$10,079,176	$2,669,527	$3,096,188	$11,650	$16,941,156
Douglas Bettinger	Executive Vice President, Chief Financial Officer	$687,984	—	$2,519,532	$667,118	$1,304,012	$11,564	$5,190,210
Patrick J. Lord	Executive Vice President, Chief Operating Officer	$543,324	—	$2,015,730	$596,912	$995,107	$11,255	$4,162,328
Vahid Vahedi	Senior Vice President, Chief Technology and Sustainability Officer	$514,174	—	$1,977,102	$410,119	$792,700	$9,124	$3,703,219

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Timothy Archer	CEO	$1,050,000	—	$11,071,172	$1,195,482	$2,170,382	$8,700	$15,495,736
Timothy M. Archer	President and Chief Executive Officer	$1,050,000	—	$11,071,172	$1,195,482	$2,170,382	$8,700	$15,495,736
Douglas Bettinger	Executive Vice President and Chief Financial Officer	$666,046	—	$3,069,258	$331,314	$898,530	$11,288	$4,976,436
Patrick J. Lord	Executive Vice President and Chief Operating Officer	$515,145	—	$2,515,577	$292,852	$639,360	$10,370	$3,973,304
Vahid Vahedi	Senior Vice President and Chief Technology Officer	$487,875	—	$2,264,555	$263,825	$556,021	$13,835	$3,586,111

Executive changes

Person	Role	Change	Effective	Filed
Michael R. Cannon	Director	Retired	2026-11-02	2026-08-27
Sohail U. Ahmed	Director	Retired	2026-11-02	2026-08-27
Seshasayee (Sesha) Varadarajan	executive vice president and chief operating officer	Appointed	2026-03-06	2026-02-03
Patrick J. Lord	chief operating officer	Retired	2026-03-06	2026-02-03
Anirudh Devgan	director	Appointed	2026-02-03	2026-02-03
Abhijit Y. Talwalkar	Director	Appointed	2025-11-04	2025-11-06
Ho Kyu Kang	Director	Appointed	2025-11-04	2025-11-06
Bethany J. Mayer	Director	Appointed	2025-11-04	2025-11-06
Jyoti K. Mehra	Director	Appointed	2025-11-04	2025-11-06
Michael R. Cannon	Director	Appointed	2025-11-04	2025-11-06
Mark Fields	Director	Appointed	2025-11-04	2025-11-06
John M. Dineen	Director	Appointed	2025-11-04	2025-11-06
Timothy M. Archer	Director	Appointed	2025-11-04	2025-11-06
Ita M. Brennan	Director	Appointed	2025-11-04	2025-11-06
Eric K. Brandt	Director	Appointed	2025-11-04	2025-11-06
Sohail U. Ahmed	Director	Appointed	2025-11-04	2025-11-06
Leslie F. Varon	members of the board of directors	Resigned	2024-11-04	2024-09-18
Lih Shyng (Rick L.) Tsai, Ph.D.	members of the board of directors	Resigned	2024-11-04	2024-09-18
Mark Fields	director	Appointed	2024-08-30	2024-08-30
Ita M. Brennan	director	Appointed	2024-08-30	2024-08-30
John M. Dineen	director	Appointed	2023-08-24	2023-08-24
Vahid Vahedi	senior vice president and chief technology officer	Appointed	2023-03-01	2023-02-21
Christina (Tina) C. Correia	corporate vice president and chief accounting officer	Appointed	2023-03-01	2023-02-21
Patrick J. Lord	executive vice president and chief operating officer	Appointed	2023-03-01	2023-02-21
Ho Kyu Kang	director	Appointed	2023-02-07	2023-02-09

Leadership

Timothy Archer CEO
Timothy M. Archer CEO, Board Member
Douglas Bettinger CFO
Patrick J. Lord COO
Seshasayee (Sesha) Varadarajan COO
Vahid Vahedi CTO
Christina (Tina) C. Correia Chief Accounting Officer
Abhijit Y. Talwalkar Board Member
Anirudh Devgan Board Member
Anirudh Devgan, Ph.D. Board Member
Bethany J. Mayer Board Member
Eric K. Brandt Board Member
Ho Kyu Kang Board Member
Ita M. Brennan Board Member
John M. Dineen Board Member
Jyoti K. Mehra Board Member
Mark Fields Board Member
Michael R. Cannon Board Member
Sohail U. Ahmed Board Member

Key facts CIK 707549 CUSIP 512807306 13F (30d) 918 filings 881 filers Visit website Investor relations