The estimated net worth of Mr. Richard P. Wallace is at least $337,276,692 as of 7 May 2024. He owns shares worth
$81,591,516 as insider, has earned $159,545,176
from insider trading and has received compensation worth at least
$96,140,000 in KLA Corporation.
What is the salary of Richard P. Wallace?
Mr. Richard P. Wallace salary is $4,370,000 per year
as Pres, Chief Executive Officer & Executive Director in KLA Corporation.
How old is Richard P. Wallace?
Mr. Richard P. Wallace is 65 years old, born in 1960.
What stocks does Richard P. Wallace currently own?
As insider, Mr. Richard P. Wallace owns shares in one company:
Pres, Chief Executive Officer & Executive Director
93,141
$876
$81,591,516
What does KLA Corporation do?
KLA Corporation designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through four segments: Semiconductor Process Control; Specialty Semiconductor Process; PCB, Display and Component Inspection; and Other. The company offers integrated circuit (IC) manufacturing products that comprises wafer inspection and review, and metrology; wafer and substrate defect inspection and metrology; reticle defect inspection and metrology; chemical/materials quality analysis; in situ process management and wafer handling diagnostics for IC and original equipment manufacturer (OEM) manufacturing; software products to provide run-time process control, defect excursion identification, process corrections, and defect classification; and refurbished and remanufactured products. It also provides specialty semiconductor manufacturing, benchtop metrology, surface characterization, and electrical property measurement services for general purpose/ lab applications; etch, plasma dicing, deposition, and other wafer processing technologies and solutions for the semiconductor and microelectronics industry. In addition, the company offers direct imaging, inspection, optical shaping, additive printing, and computer-aided manufacturing and engineering solutions for the PCB market; inspection and electrical testing systems to identify and classify defects, as well as systems to repair defects for the display market; and inspection and metrology systems for quality control and yield improvement in advanced and traditional semiconductor packaging markets. The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was incorporated in 1975 and is headquartered in Milpitas, California.
Mr. Richard P. Wallace has made 77 insider trades between 2003-2024, according to the Form 4 filled with the SEC. Most recently he sold
14,009 units of KLAC stock worth $10,039,270 on 7 May 2024.
The largest trade he's
ever made was exercising 111,602 units of KLAC stock
on 1 Mar 2013. As of 7 May 2024
he still owns at least 93,141 units of KLAC stock.