The estimated Net Worth of Seshasayee Varadarajan is at least $51.4 Million dollars as of 18 March 2024. Mr. Varadarajan owns over 11,000 units of Lam Research stock worth over $12,725,876 and over the last 7 years he sold LRCX stock worth over $36,188,795. In addition, he makes $2,494,230 as Senior Vice President and General Manager - Deposition Business Unit at Lam Research.
Seshasayee has made over 14 trades of the Lam Research stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 11,000 units of LRCX stock worth $10,100,200 on 18 March 2024.
The largest trade he's ever made was selling 25,453 units of Lam Research stock on 23 January 2018 worth over $5,472,395. On average, Seshasayee trades about 6,195 units every 100 days since 2017. As of 18 March 2024 he still owns at least 16,595 units of Lam Research stock.
You can see the complete history of Mr. Varadarajan stock trades at the bottom of the page.
Sesha Varadarajan is Senior Vice President, General Manager - Deposition Business Unit of the company. Prior that time, he was group vice president of the Deposition product group since September 2013. Previously, he served as the head of the PECVD/Electrofill Business Unit between June 2012 and September 2013. Prior to our acquisition of Novellus in June 2012, Mr. Varadarajan was senior vice president and general manager of Novellus’ PECVD and Electrofill Business Units. He joined Novellus in 1999 as a process engineer with the Electrofill Business Unit and held various roles in that business unit before being appointed director of technology in 2004. Between 2006 and 2008, he worked in the PECVD Business Unit, initially as director of technology, until being promoted to product general manager. In 2009, he returned to the Electrofill Business Unit as vice president and general manager. In mid-2011, he was promoted to senior vice president and general manager, where he was also responsible for the PECVD Business Unit. Mr. Varadarajan earned an M.S. degree in manufacturing engineering and material science from Boston University and a B.S. degree in mechanical engineering from the University of Mysore.
As the Senior Vice President and General Manager - Deposition Business Unit of Lam Research, the total compensation of Seshasayee Varadarajan at Lam Research is $2,494,230. There are 7 executives at Lam Research getting paid more, with Timothy Archer having the highest compensation of $13,745,100.
Seshasayee Varadarajan is 44, he's been the Senior Vice President and General Manager - Deposition Business Unit of Lam Research since 2018. There are 23 older and no younger executives at Lam Research. The oldest executive at Lam Research Corp. is Dr. Richard A. Gottscho, 69, who is the Exec. VP & CTO.
Seshasayee's mailing address filed with the SEC is C/O LAM RESEARCH CORPORATION, 4650 CUSHING PARKWAY, FREMONT, CA, 94538.
Over the last 22 years, insiders at Lam Research have traded over $305,969,058 worth of Lam Research stock and bought 1,736 units worth $799,168 . The most active insiders traders include Timothy Archer, Martin B Anstice, and Richard A Gottscho. On average, Lam Research executives and independent directors trade stock every 16 days with the average trade being worth of $9,222,138. The most recent stock trade was executed by Neil J Fernandes on 12 July 2024, trading 1,620 units of LRCX stock currently worth $1,712,324.
Lam Research Corporation is an American supplier of wafer-fabrication equipment and related services to the semiconductor industry. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices and their wiring.
Lam Research executives and other stock owners filed with the SEC include: