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ACM Research Executive Compensation (FY25)

ACMR · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (DEF 14A): April 27, 2026
153 figures on this page: 150 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
Total compensation for David Wang, Chief Executive Officer and President, came to $632,769 in fiscal 2025. Meanwhile, for fiscal 2023, shareholders backed the say-on-pay proposal with 84.8% of votes cast including abstentions in favor at the meeting held June 13, 2024; for fiscal 2025, the company reported a chief executive pay ratio of 21:1, against median employee compensation of $30,498, and companies named in the disclosed peer group include Alpha and Omega Semiconductor Limited, AXT, Inc., Cohu, Inc., FormFactor, Inc. and Ichor Holdings, Ltd., among others. The fiscal 2025 disclosure covers 5 named executive officers.
Chief executive, fiscal 2025
◇
David Wang
Latest say-on-pay support
=
June 13, 2024
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive of record: Jian Wang → David Wang
CEO pay ratio: 15:1 → 21:1 (40.0% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is ACM Research's chief executive and what were they paid?
Total compensation for David Wang, Chief Executive Officer and President, came to $632,769 in fiscal 2025.
What was ACM Research's say-on-pay result?
For fiscal 2023, shareholders backed the say-on-pay proposal with 84.8% of votes cast including abstentions in favor at the meeting held June 13, 2024.
Which companies are in ACM Research's peer group?
Companies named in the disclosed peer group include Alpha and Omega Semiconductor Limited, AXT, Inc., Cohu, Inc., FormFactor, Inc. and Ichor Holdings, Ltd., among others.
What is ACM Research's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 21:1, against median employee compensation of $30,498.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Mark McKechnie
Chief Financial Officer, Treasurer and Secretary
◇◇—◇———◇
Lisa Feng
Chief Financial Officer, ACM Research (Shanghai), Inc.
◇◇—◇——◇◇
Fuping Chen
Vice President, Sales China, ACM Research (Shanghai), Inc.
◇◇—◇——◇◇
David Wang
Chief Executive Officer and President
◇◇————◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jian Wang
Chief Executive Officer and President, ACM Research (Shanghai), Inc.
◇◇—◇——◇◇
Fuping Chen
Vice President, Sales--China, ACM Research (Shanghai), Inc.
◇◇—◇———◇
Lisa Feng
Chief Financial Officer, ACM Research (Shanghai), Inc.
◇◇—◇——◇◇
Mark McKechnie
Chief Financial Officer, Treasurer and Secretary
◇◇—◇———◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jian Wang
Chief Executive Officer and President, ACM Research (Shanghai), Inc.
◇◇————◇◇
Mark McKechnie
Chief Financial Officer, Treasurer and Secretary
◇◇—————◇
Fuping Chen
Vice President, Sales--China, ACM Research (Shanghai), Inc.
◇◇————◇◇
Lisa Feng
Chief Financial Officer, ACM Research (Shanghai), Inc.
◇◇————◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Wang
Chief Executive Officer and President
◇◇————◇◇
Jian Wang
Chief Executive Officer and President, ACM Research (Shanghai), Inc.
◇◇————◇◇
Mark McKechnie
Chief Financial Officer, Treasurer and Secretary
◇◇—————◇
Lisa Feng
Chief Financial Officer, ACM Research (Shanghai), Inc.
◇◇————◇◇
Fuping Chen
Vice President, Sales--China, ACM Research (Shanghai), Inc.
◇◇————◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2024
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
David H. WangOPTION———◇—◇◇
David H. WangOPTION———— withheld—◇◇
David H. WangOPTION———— withheld—◇◇
David H. WangOPTION———◇—◇◇
David H. WangOPTION———◇—◇◇
David H. WangOPTION———— withheld—◇◇
Fuping ChenOPTION———— withheld—◇◇
Fuping ChenOPTION———◇—◇◇
Jian WangOPTION———◇—◇◇
Lisa FengOPTION———◇—◇◇
Lisa FengOPTION———◇—◇◇
Mark McKechnieOPTION———◇—◇◇
Mark McKechnieOPTION———◇—◇◇
Fiscal 2022, 2023 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Lisa FengOption◇—◇—
Option◇—◇—
Mark McKechnieOption◇—◇—
Option◇—◇—
Fuping ChenOption◇—◇—
David WangOption◇—◇—
Option◇—◇—
Jian WangOption◇—◇—
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Haiping Dun
Lead independent director
◇—◇———◇
Tracy Liu
◇—◇———◇
Chenming Hu
◇—————◇
David H. Wang and Charles Pappis served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as Stock Options.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Alpha and Omega Semiconductor Limited AOSL
  • AXT, Inc. AXTI
  • Cohu, Inc. COHU
  • FormFactor, Inc. FORM
  • Ichor Holdings, Ltd. ICHR
  • Indie Semiconductor, Inc. INDI
  • Kulicke and Soffa Industries, Inc. KLIC
  • Magnachip Semiconductor MX
  • PDF Solutions, Inc. PDFS
  • Photronics, Inc. PLAB
  • Semtech Corporation SMTC
  • SkyWater Technology, Inc. SKYT
  • Ultra Clean Holdings, Inc. UCTT
  • Veeco Instruments Inc. VECO

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2023June 13, 2024=◇◇◇
2020June 2, 2021=◇◇◇
2017June 14, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact ACM Research disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where ACM Research sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
153 figures on this page: 150 cited to the filing that reported them, 3 calculated from figures it prints.
150 cited to the filing
3 calculated from the filing

Documents cited

  1. 0001628280-26-027358
    2025 Director Compensation · CEO Pay Ratio · Director Compensation · Outstanding Equity Awards at December 31, 2025 · and 1 more section
  2. 0001140361-25-016311
    Grants of Plan-Based Awards · Summary Compensation Table
  3. 0001140361-24-030349
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001140361-24-022553
    Summary Compensation Table
  5. 0001140361-23-022028
    Summary Compensation Table
  6. 0001140361-21-019750
  7. 0001654954-18-006793
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This page is free to cite. Attribution we ask for:
Velarion, “ACM Research executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/ACMR (accessed 2026).
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Tech — Hardware rankings

Chief executive pay — Tech — HardwareCEO pay ratio — Tech — HardwareSay-on-pay support — Tech — Hardware

Peers ACM Research discloses

The companies named in ACMR's own disclosed peer group.

Alpha and Omega Semiconductor LimitedAXT, Inc.Cohu, Inc.FormFactor, Inc.Ichor Holdings, Ltd.Indie Semiconductor, Inc.Kulicke and Soffa Industries, Inc.PDF Solutions, Inc.Photronics, Inc.Semtech CorporationSkyWater Technology, Inc.Ultra Clean Holdings, Inc.Veeco Instruments Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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