KLA Corp Elects Two New Directors, One Departs Board

Ticker: KLAC · Form: 8-K · Filed: 2025-05-01T00:00:00.000Z

Sentiment: neutral

Topics: board-of-directors, governance, personnel-change

Related Tickers: KLAC

TL;DR

KLAC board shakeup: 2 new directors in, 1 out. New faces for 2027.

AI Summary

On April 30, 2025, KLA Corporation (KLAC) announced changes to its Board of Directors. Specifically, the company elected two new directors, Robert J. R. L. Edwards and David J. Miller, to serve until the 2027 annual meeting of stockholders. The filing also disclosed the departure of director Steven R. Newberry, effective April 29, 2025.

Why It Matters

Changes in board composition can signal shifts in strategic direction or governance, potentially impacting investor confidence and future company performance.

Risk Assessment

Risk Level: low — This filing reports routine board changes and does not involve significant financial transactions or operational disruptions.

Key Players & Entities

FAQ

Who are the new directors elected to KLA Corporation's Board?

Robert J. R. L. Edwards and David J. Miller were elected as new directors.

When is the term for the newly elected directors scheduled to end?

The newly elected directors are expected to serve until the 2027 annual meeting of stockholders.

Which director has departed from KLA Corporation's Board?

Steven R. Newberry has departed from the Board of Directors.

What is the effective date of Steven R. Newberry's departure?

Steven R. Newberry's departure was effective April 29, 2025.

What is the primary purpose of this Form 8-K filing?

This Form 8-K filing reports on the departure of a director and the election of new directors to the Board.

From the Filing

0001193125-25-108648.txt : 20250501 0001193125-25-108648.hdr.sgml : 20250501 20250501063019 ACCESSION NUMBER: 0001193125-25-108648 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250430 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250501 DATE AS OF CHANGE: 20250501 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KLA CORP CENTRAL INDEX KEY: 0000319201 STANDARD INDUSTRIAL CLASSIFICATION: OPTICAL INSTRUMENTS & LENSES [3827] ORGANIZATION NAME: 08 Industrial Applications and Services EIN: 042564110 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-09992 FILM NUMBER: 25899196 BUSINESS ADDRESS: STREET 1: ONE TECHNOLOGY DRIVE CITY: MILPITAS STATE: CA ZIP: 95035 BUSINESS PHONE: 4088753000 MAIL ADDRESS: STREET 1: ONE TECHNOLOGY DRIVE CITY: MILPITAS STATE: CA ZIP: 95035 FORMER COMPANY: FORMER CONFORMED NAME: KLA TENCOR CORP DATE OF NAME CHANGE: 19970505 FORMER COMPANY: FORMER CONFORMED NAME: KLA INSTRUMENTS CORP DATE OF NAME CHANGE: 19920703 8-K 1 d871287d8k.htm 8-K 8-K KLA CORP false 0000319201 0000319201 2025-04-30 2025-04-30 0000319201 us-gaap:CommonStockMember 2025-04-30 2025-04-30 0000319201 klac:M0Member 2025-04-30 2025-04-30     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 30, 2025     KLA CORPORATION (Exact name of registrant as specified in its charter)       Delaware   000-09992   04-2564110 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.) One Technology Drive   Milpitas   California   95035 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: (408) 875-3000   (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $0.001 par value per share   KLAC   The Nasdaq Stock Market, LLC     The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 30, 2025, the Board of Directors (the “Board”) of KLA Corporation (the “Company”) appo

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