Lam Research Corporation (LRCX)

About Lam Research Corporation (LRCX)

Company Description:


Lam Research Corporation is a prominent player in the global semiconductor industry. The company specializes in the design, manufacture, marketing, and service of semiconductor processing equipment used in the fabrication of integrated circuits.

Lam Research Corporation was established in 1980 by David K. Lam and is headquartered in Fremont, California, United States. It has evolved to become a critical supplier of wafer fabrication equipment and services to the worldwide semiconductor industry.


Main Product(s):


Lam Research Corporation provides a range of equipment and services for the production of semiconductor devices, focusing on etching, deposition, and cleaning processes that are critical in semiconductor manufacturing.


Short History of Lam Research Corporation:


  • 1980 – Founded by David K. Lam in Fremont, California.
  • 1990s – Expanded globally with emphasis on Asia and Europe.
  • 2008 – Acquired SEZ Group, strengthening its position in cleaning technologies.
  • 2012 – Acquired Novellus Systems, broadening its product portfolio.
  • Recent Years – Continues to innovate and lead in memory and logic device production technologies.

Key Executives:

NameTitlePayExercisedYear Born
Mr. Timothy M. ArcherPresident, CEO & Director3.38MN/A1967
Mr. Douglas R. BettingerExecutive VP & CFO1.5M16.54M1967
Dr. Patrick J. Lord Ph.D.Executive VP & COO1.2MN/A1966
Mr. Vahid Vahedi Ph.D.Senior VP & CTO1.07MN/A1966
Mr. Seshasayee VaradarajanSenior Vice President of The Global Products Group1.07MN/A1975
Ms. Christina C. CorreiaChief Accounting Officer, VP of Corporate Finance & Investor RelationsN/AN/AN/A
Ms. Ava M. Hahn J.D.Senior VP, Chief Legal Officer & SecretaryN/AN/A1973
Ms. Stacey MacNeilGroup VP of ESG & Chief Communications OfficerN/AN/AN/A
Ms. Mary Teresa HassettSenior VP & Chief HR OfficerN/AN/A1974
Dr. Richard A. GottschoExecutive VP & Strategic Advisor to the CEO of Innovation Ecosystem1.34M3.17M1952

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