Richard Wallace
President and Chief Executive Officer
Executive
5 reports
KLA Corporation ·KLAC
Technology · Fortune #420 · Functional structure · 15K employees · Milpitas, California
Sourced from KLA Corporation DEF 14A · filed 2025-09-23 ↗ View on SEC
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Download the CSV data insteadFive P&L leaders report directly to the CEO. This page maps KLA’s flat functional structure, detailing its executive team, reporting lines, compensation context, recent leadership changes, and peer comparisons for semiconductor-equipment rivals.
What to model
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Appointed to Board and Audit Committee effective May 8, 2025.
Source · See change logThe people
6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
President and Chief Executive Officer
Executive
5 reports
President, Semiconductor Products and Customers
Products
0 reports
Executive Vice President and Chief Financial Officer
Finance
1 reports
Executive Vice President, KLA Global Services
Services
0 reports
Executive Vice President, Chief Legal Officer and Corporate Secretary
Legal
0 reports
Senior Vice President and Chief Accounting Officer
Finance
0 reports
The pay
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
The skin in the game
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
Executives must hold stock valued at multiples of base salary.
| Holder | Shares | % of class |
|---|---|---|
| Richard Wallace | 35K | <1% |
The businesses
4 divisions report into the group CEO. Tile size scales with estimated headcount.
6K employees
President, Semiconductor Products and Customers (Ahmad Khan)
Develops and sells process control and yield management systems.
5K employees
EVP, KLA Global Services (Brian Lorig)
Provides service, support, and recurring revenue offerings.
$2.7B rev +15.2% YoY FY2025
800 employees
EVP & CFO (Bren Higgins)
Manages financial reporting, treasury, tax, and investor relations.
300 employees
Chief Legal Officer (Mary Beth Wilkinson)
Oversees legal, compliance, and corporate governance.
The thesis
Five operating and functional leaders report directly to CEO Richard Wallace, creating a relatively flat top structure for a $12B semiconductor equipment company.
The comparison
Compared with peers like Applied Materials and Lam Research, KLA’s C-suite is smaller and flatter, with fewer intermediate layers. Peers more often employ a COO or multiple segment CEOs, whereas KLA concentrates authority at the CEO level. This can accelerate decision-making but increases CEO span.
Current signals
The most consequential recent change was Oreste Donzella’s April 2025 transition from EVP to senior advisor, consolidating strategy oversight.
Transitioned to part-time senior advisor effective April 14, 2025.
SourceYear-over-year executive structure based on SEC proxy and annual filings.
Strategy role wound down with Donzella’s transition.
The board
2 directors. 2 of 2 independent (100%). Source: most recent DEF 14A.
Former CEO, Citrix Systems
Also on: Hewlett Packard Enterprise
Former SVP, Lear Corporation
Also on: QuantumScape
The board, organized
1 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.
Richard Wallace has served as President and CEO since 2006.
KLA operates a functional structure with major product and service leaders reporting directly to the CEO.
The CEO has four direct executive reports.
In April 2025, EVP and Chief Strategy Officer Oreste Donzella transitioned to a senior advisor role.
No. KLA does not have a Chief Operating Officer; operating leaders report directly to the CEO.
Reference
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
Creately. (2026). KLA Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/kla/"KLA Corporation Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/kla/. Accessed .Creately. "KLA Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/kla/.KLA Corporation. DEF 14A. Filed 2025-09-23. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/319201/000119312525213294/d913108ddef14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/kla/ · last updated 2026-04-01