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Lam Research Executive Compensation (FY26)

LRCX · Fremont, CA · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026
◇
Timothy Archer
Latest say-on-pay support
=
November 4, 2025
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Data as of October 20, 2026Latest filing (DEF 14A): September 24, 2026
15 filings cited on this page
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368 figures on this page: 358 cited to the filing that reported them, 10 calculated from figures it prints. See the citations

More on Lam Research

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Timothy Archer: $28,298,161 → $40,354,475 (42.6% higher)
Say-on-pay support: 91.2% → 91.3% (0.1 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Lam Research's chief executive and what were they paid?
Total compensation for Timothy Archer, President, Chief Executive Officer, came to $40,354,475 in fiscal 2026. Archer's total moved 42.6% higher from the $28,298,161 reported for fiscal 2025.
What was Lam Research's say-on-pay result?
The say-on-pay proposal drew 91.3% of votes cast for or against in favor at the meeting held November 4, 2025 for fiscal 2025.
Which companies are in Lam Research's peer group?
The disclosed peer group includes Advanced Micro Devices, Inc., Agilent Technologies, Inc., Analog Devices, Inc., Applied Materials, Inc. and Broadcom Inc., among others.

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
Timothy Archer
President and Chief Executive Officer
◇—◇◇◇—◇◇
Douglas Bettinger
Executive Vice President, Chief Financial Officer
◇—◇◇◇—◇◇
Patrick Lord
Executive Vice President, Chief Technology Officer
◇—◇◇◇—◇◇
Vahid Vahedi
Executive Vice President, Chief Business Officer
◇—◇◇◇—◇◇
Seshasayee Varadarajan
Executive Vice President, Chief Customer Officer
◇◇◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy Archer
President, Chief Executive Officer
◇—◇◇◇—◇◇
Douglas Bettinger
Executive Vice President, Chief Financial Officer
◇—◇◇◇—◇◇
Patrick Lord
Executive Vice President, Chief Operating Officer
◇—◇◇◇—◇◇
Seshasayee Varadarajan
Senior Vice President, Global Products Group
◇◇◇◇◇—◇◇
Vahid Vahedi
Senior Vice President and Chief Technology Officer
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy Archer
President, Chief Executive Officer
◇—◇◇◇—◇◇
Douglas Bettinger
Executive Vice President, Chief Financial Officer
◇—◇◇◇—◇◇
Patrick Lord
Executive Vice President, Chief Operating Officer
◇—◇◇◇—◇◇
Seshasayee Varadarajan
Executive Vice President, Chief Operating Officer
◇◇◇◇◇—◇◇
Vahid Vahedi
Senior Vice President, Chief Technology and Sustainability Officer
◇◇◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy Archer
President, Chief Executive Officer
◇—◇—◇—◇◇
Ava Harter
Senior Vice President, Chief Legal Officer and Secretary
◇◇◇◇◇—◇◇
Douglas Bettinger
Executive Vice President, Chief Financial Officer
◇—◇—◇—◇◇
Seshasayee Varadarajan
Executive Vice President, Chief Operating Officer
◇◇◇—◇—◇◇
Patrick Lord
Executive Vice President, Chief Operating Officer
◇—◇—◇—◇◇
Vahid Vahedi
Senior Vice President, Chief Technology and Sustainability Officer
◇◇◇—◇—◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy Archer
President, Chief Executive Officer
◇—◇—◇—◇◇
Douglas Bettinger
Executive Vice President, Chief Financial Officer
◇—◇—◇—◇◇
Seshasayee Varadarajan
Executive Vice President, Chief Operating Officer
◇◇◇—◇—◇◇
Vahid Vahedi
Senior Vice President, Chief Technology and Sustainability Officer
◇◇◇—◇—◇◇
Neil Fernandes
Senior Vice President, Global Customer Operations
◇—◇—◇—◇◇
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 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Ava A. HarterOPTION◇——◇—◇◇
Ava A. HarterPSU◇—◇—◇—◇
Ava A. HarterPSU◇—◇—◇—◇
Ava A. HarterRSU◇——◇——◇
Ava A. HarterRSU◇——◇——◇
Ava A. HarterRSU◇——◇——◇
Douglas R. BettingerPSU◇—◇—◇—◇
Douglas R. BettingerRSU◇——◇——◇
Patrick J. LordPSU◇—◇—◇—◇
Patrick J. LordRSU◇——◇——◇
Seshasayee VaradarajanRSU◇——◇——◇
Seshasayee VaradarajanPSU◇—◇—◇—◇
Timothy M. ArcherPSU◇—◇—◇—◇
Timothy M. ArcherRSU◇——◇——◇
Fiscal 2022, 2024 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 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Timothy ArcherRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇3/1/2031
Douglas BettingerOption◇—◇3/1/2031
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Seshasayee VaradarajanRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇3/1/2031
Vahid VahediRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇3/1/2031
Neil FernandesRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇3/1/2031
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Douglas Bettinger
Executive Vice President, Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Non-solicit period◇
Seshasayee Varadarajan
Executive Vice President, Chief Operating Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Change-in-control multiple◇
Equity acceleration on change in control◇
Non-solicit period◇
Timothy Archer
President, Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Non-solicit period◇

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Abhijit Y. Talwalkar
Board chair
◇◇————◇
Eric K. Brandt
◇◇————◇
Bethany J. Mayer
◇◇————◇
Michael R. Cannon
◇◇————◇
Jyoti K. Mehra
◇◇————◇
Ho Kyu Kang
◇◇————◇
John M. Dineen
◇◇————◇
Ita M. Brennan
◇◇————◇
Anirudh Devgan
◇◇————◇
Mark Fields
◇◇————◇
Sohail U. Ahmed
◇◇————◇
Timothy M. Archer served on the board in fiscal 2026 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◇
Board equity retainer◇
Total board retainer◇
Board chair 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 restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
  • Advanced Micro Devices, Inc. AMD
  • Agilent Technologies, Inc. A
  • Analog Devices, Inc. ADI
  • Applied Materials, Inc. AMAT
  • Broadcom Inc. AVGO
  • Cisco Systems, Inc. CSCO
  • Corning Incorporated GLW
  • Intel Corporation INTC
  • KLA Corporation KLAC
  • Marvell Technology, Inc. MRVL
  • Microchip Technology Incorporated MCHP
  • Micron Technology, Inc. MU
  • NVIDIA Corporation NVDA
  • ON Semiconductor Corporation ON
  • Qualcomm Incorporated QCOM
  • Texas Instruments Inc. TXN

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025November 4, 2025=◇◇◇
2024November 5, 2024=◇◇◇
2023November 7, 2023=◇◇◇
2022November 8, 2022=◇◇◇
2021November 8, 2021=◇◇◇
2020November 3, 2020=◇◇◇
2019November 5, 2019=◇◇◇
2018November 6, 2018=◇◇◇
2017November 8, 2017=◇◇◇
2016November 9, 2016=◇◇◇

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Sample answer — “What is the CEO’s total compensation?”
- Timothy Archer (President, Chief Executive Officer), FY2026 total compensation $40,354,475 (base salary $1,316,625) [exec_comp, SEC accession 0000707549-26-000047, filed 2026-09-24]

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What this page does not include

Everything above is a fact Lam Research disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Lam 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 — $499
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.
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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.
368 figures on this page: 358 cited to the filing that reported them, 10 calculated from figures it prints.
358 cited to the filing
10 calculated from the filing

Documents cited

  1. 0000707549-26-000047
    Director Compensation · Executive Compensation Tables
  2. 0000707549-25-000094
  3. 0001140361-25-036012
    Compensation Discussion and Analysis · Executive Compensation Tables
  4. 0000707549-24-000138
  5. 0001140361-24-041891
    Executive Compensation Tables
  6. 0000707549-23-000122
  7. 0001104659-22-103703
    Executive Compensation Tables
  8. 0001140361-23-045527
    Executive Compensation Tables
  9. 0000707549-22-000130
  10. 0000707549-21-000169
  11. 0000707549-20-000179
  12. 0000707549-19-000172
  13. 0000707549-18-000130
  14. 0000707549-17-000162
  15. 0000707549-16-000099
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Lam Research executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/LRCX (accessed 2026).
Short form: data: Velarion

The paid brief for Lam Research

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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15 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
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Tech — Hardware rankings

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

Peers Lam Research discloses

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

Advanced Micro Devices, Inc.Agilent Technologies, Inc.Analog Devices, Inc.Applied Materials, Inc.Broadcom Inc.Cisco Systems, Inc.Corning IncorporatedIntel CorporationKLA CorporationMarvell Technology, Inc.Microchip Technology IncorporatedMicron Technology, Inc.NVIDIA CorporationON Semiconductor CorporationQualcomm IncorporatedTexas Instruments Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

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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