Lam Research Corporation (LRCX)

509.60 +1.24 (+0.24%) As of 09:47AM EDT. Market open.

Lam Research Corporation

4650 Cushing Parkway
Fremont, CA 94538
United States
510 572 0200
https://www.lamresearch.com

Sector(s): Technology
Industry: Semiconductor Equipment & Materials
Full-time employees: 19,200

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Timothy M. Archer	Pres, CEO & Director	4.19M	9.76M	1967
Mr. Douglas R. Bettinger	Exec. VP & CFO	2M	4.41M	1967
Dr. Patrick J. Lord Ph.D.	Exec. VP of Customer Support Bus. Group & Global Operations	1.55M	N/A	1966
Mr. Vahid Vahedi	Sr. VP & GM of the Etch Bus. Unit	1.32M	N/A	1966
Mr. Seshasayee Varadarajan	Sr. VP & GM of Deposition Bus. Unit	1.32M	N/A	1975
Dr. Richard A. Gottscho	Exec. VP & CTO	N/A	N/A	1952
Mr. Robert F. Hawthorne	Chief Information Officer	N/A	N/A	N/A
Ms. Tina Correia	Corp. VP of Investor Relations & Corp. Fin.	N/A	N/A	N/A
Ms. Ava M. Hahn J.D.	Sr. VP, Chief Legal Officer & Sec.	N/A	N/A	1973
Ms. Stacey MacNeil	Group VP & Chief Communications Officer	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.

Corporate governance

Lam Research Corporation’s ISS governance QualityScore as of 1 February 2023 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder rights: 3; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.