Richard P.  Wallace net worth and biography

Richard Wallace Biography and Net Worth

President, CEO & Director of KLA

Rick Wallace serves as the Chief Executive Officer and President of KLA as well as a member of the company’s Board of Directors. He began as an applications engineer at KLA Instruments in 1988, and has held various general management positions throughout his 30+-year tenure with the company. Earlier in his career, he held positions with Ultratech Stepper and Cypress Semiconductor.

Mr. Wallace also serves on the Board of Directors of Marvell Technology, Inc. (NASDAQ: MRVL). Mr. Wallace previously served on the Board of Directors of Splunk, Proofpoint, and NetApp, as well as the Board of Directors of SEMI (Semiconductor Equipment and Materials International), including as SEMI’s Chairman of the Board.

Mr. Wallace earned his bachelor’s degree in electrical engineering from the University of Michigan and his master’s degree in engineering management from Santa Clara University.

What is Richard P. Wallace's net worth?

The estimated net worth of Richard P. Wallace is at least $18.53 million as of June 11th, 2026. Mr. Wallace owns 71,383 shares of KLA stock worth more than $18,528,171 as of June 20th. This net worth evaluation does not reflect any other investments that Mr. Wallace may own. Learn More about Richard P. Wallace's net worth.

How do I contact Richard P. Wallace?

The corporate mailing address for Mr. Wallace and other KLA executives is ONE TECHNOLOGY DRIVE, MILPITAS CA, 95035. KLA can also be reached via phone at (408) 875-3000 and via email at [email protected]. Learn More on Richard P. Wallace's contact information.

Has Richard P. Wallace been buying or selling shares of KLA?

During the last ninety days, Richard P. Wallace has sold $18,081,253.44 in shares of KLA stock. Most recently, Richard P. Wallace sold 45,120 shares of the business's stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $221.34, for a transaction totalling $9,986,725.44. Following the completion of the sale, the chief executive officer now directly owns 713,830 shares of the company's stock, valued at $157,996,990.71. Learn More on Richard P. Wallace's trading history.

Who are KLA's active insiders?

KLA's insider roster includes Edward Barnholt (Chairman), Oreste Donzella (EVP), Jeneanne Hanley (Director), Bren Higgins (CFO), Kevin Kennedy (Director), Ahmad Khan (Insider), Virendra Kirloskar (CAO), Brian Lorig (EVP), Gary Moore (Director), Kiran Patel (Director), Amichai Steimberg (CEO), Richard Wallace (President, CEO & Director), and MaryBeth Wilkinson (EVP). Learn More on KLA's active insiders.

Are insiders buying or selling shares of KLA?

During the last year, insiders at the semiconductor company sold shares 9 times. They sold a total of 551,372 shares worth more than $73,201,579.22. The most recent insider tranaction occured on June, 11th when CEO Richard P Wallace sold 45,120 shares worth more than $9,986,725.44. Insiders at KLA own 91.5% of the company. Learn More about insider trades at KLA.

Information on this page was last updated on 6/11/2026.

Richard P. Wallace Insider Trading History at KLA

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/11/2026Sell45,120$221.34$9,986,725.44713,830View SEC Filing Icon  
5/12/2026Sell45,120$179.40$8,094,528.00758,950View SEC Filing Icon  
11/11/2025Sell108,030$120.31$12,997,089.30812,110View SEC Filing Icon  
8/12/2025Sell108,010$91.37$9,868,657.68928,180View SEC Filing Icon  
5/6/2025Sell108,020$68.33$7,381,006.60787,400View SEC Filing Icon  
8/6/2024Sell174,370$70.50$12,293,259.371,053,290View SEC Filing Icon  
5/7/2024Sell140,090$71.66$10,039,269.67931,420View SEC Filing Icon  
8/7/2023Sell350,000$50.41$17,642,800.001,240,450View SEC Filing Icon  
5/5/2023Sell45,820$38.40$1,759,579.641,362,010View SEC Filing Icon  
5/2/2023Sell174,990$38.15$6,675,518.521,537,020View SEC Filing Icon  
5/24/2021Sell50,000$31.50$1,575,000.00569,060View SEC Filing Icon  
5/10/2021Sell150,000$31.00$4,649,250.00619,060View SEC Filing Icon  
2/3/2021Sell42,160$30.16$1,271,545.60769,060View SEC Filing Icon  
8/19/2020Sell351,150$21.08$7,401,539.70968,530View SEC Filing Icon  
5/11/2020Sell372,660$16.89$6,295,718.041,067,390View SEC Filing Icon  
9/4/2018Sell123,080$11.74$1,444,466.88501,370View SEC Filing Icon  
8/8/2018Sell55,460$11.71$649,436.60601,010View SEC Filing Icon  
8/6/2018Sell142,070$11.85$1,683,387.43View SEC Filing Icon  
1/31/2018Sell132,990$11.01$1,464,219.90434,420View SEC Filing Icon  
8/15/2017Sell373,770$9.09$3,396,074.22588,310View SEC Filing Icon  
12/8/2016Sell350,000$7.92$2,770,950.00759,450View SEC Filing Icon  
10/17/2013Sell150,000$6.30$945,000.00View SEC Filing Icon  
5/15/2013Sell250,000$5.43$1,358,500.00View SEC Filing Icon  
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Richard P. Wallace Buying and Selling Activity at KLA

This chart shows Richard P Wallace's buying and selling at KLA by year and by quarter.

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KLA Company Overview

KLA logo
KLA Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB and Component Inspection. The company offers inspection and review tools to identify, locate, characterize, review, and analyze defects on various surfaces of patterned and unpatterned wafers; metrology systems that are used to measure pattern dimensions, film thickness, film stress, layer-to-layer alignment, pattern placement, surface topography, and electro-optical properties for wafers; chemical process control equipment; wired and wireless sensor wafers and reticles; wafer defect inspection, review, and metrology systems; reticle inspection and metrology systems; and semiconductor software solutions that provide run-time process control, defect excursion identification, process corrections, and defect classification to accelerate yield learning rates and reduce production risk. It also provides etch, plasma dicing, deposition, and other wafer processing technologies and solutions for the semiconductor and microelectronics industry. In addition, the company offers direct imaging, inspection, optical shaping, inkjet and additive printing, UV laser drilling, and computer-aided manufacturing and engineering solutions for the PCB market; inspection and electrical testing systems to identify and classify defects, as well as systems to repair defects for the display market; and inspection and metrology systems for quality control and yield improvement in advanced and traditional semiconductor packaging markets. The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was incorporated in 1975 and is headquartered in Milpitas, California.
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Today's Range

Now: $259.56
Low: $250.50
High: $263.95

50 Day Range

MA: $195.82
Low: $172.73
High: $259.56

2 Week Range

Now: $259.56
Low: $83.22
High: $267.17

Volume

26,151,665 shs

Average Volume

12,360,254 shs

Market Capitalization

$339.06 billion

P/E Ratio

73.47

Dividend Yield

0.35%

Beta

1.5