Rick Wallace, KLA-Tencor - Biography

Rick Wallace
Chief Executive Officer and President
KLA-Tencor

Rick Wallace currently serves as the president and CEO of KLA-Tencor Corporation where he creates and implements the strategic goals and objectives of the company. He is responsible for formulating policies and fiscal planning, fulfilling the mission, strategy and annual goals, drives day-to-day change, accountability and excellence and balances the needs of investors, customers and employees.

He began his career at KLA Instruments in 1988 as an applications engineer and has held various general management positions throughout his 25-year tenure with the company. Wallace became the CEO of KLA-Tencor in January 2006.

During his career at KLA-Tencor, Wallace held numerous executive management positions, including president and COO, executive vice president of the Reticle and Photomask Inspection Division, the Films and Surface Technology Division, Software and Customer Group, and Wafer Inspection Group. He had P&L responsibility for seven production divisions, which collectively generated more than 50 percent of the company’s revenue and profit. Wallace also served as group vice president for KLA-Tencor’s Lithography Control Group, as well as vice president and general manager and vice president of marketing for the Wafer Inspection Division. Wallace joined KLA-Tencor in 1988 as an applications engineer at KLA Instruments.

Early in his career, Wallace built his expertise in lithography and yield management through engineering positions with Ultratech Stepper and Cypress Semiconductor.

Wallace currently serves on the board of directors for NetApp®, a creator of storage and data management solutions that is headquartered in Silicon Valley. He previously served as chairman of the board of directors for Semiconductor Equipment and Materials International (SEMI), an industry trade association.

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, where he also taught strategic marketing and global competitiveness courses upon graduation.