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Frank Lee received $3.2M in total compensation as President - PDMC and former Chief Executive Officer of PHOTRONICS INC in FY2025. The largest component was $1.9M in stock awards. That’s down 35% from FY2024. Source: SEC DEF 14A.
In fiscal year 2025, Frank Lee, President - PDMC and former Chief Executive Officer of PHOTRONICS INC (PLAB), received total compensation of $3.2 million.
Frank Lee's compensation breakdown includes: base salary of $784K, bonus of $509K, stock awards valued at $1.9 million, and other compensation of $29K.
Compared to fiscal year 2024, Frank Lee's total compensation decreased 35% from $4.9 million to $3.2 million.
PHOTRONICS INC's top 6 named executive officers received combined total compensation of $14.4 million in fiscal year 2025.
The named executive officers disclosed in PHOTRONICS INC's 2025 proxy statement are:Frank Lee (President - PDMC and former Chief Executive Officer) with total compensation of $3.2 million, George C. Macricostas () with total compensation of $5.0 million, Eric Rivera (Executive Vice President and Chief Financial Officer) with total compensation of $2.1 million, David Wang (Senior Vice President COO of IC Operations) with total compensation of $1.5 million, H.K. Park (Senior Vice President and General Manager of FPD Operations) with total compensation of $1.4 million, and Christopher J. Progler (Executive Vice President Chief Technology Officer, Strategic Planning) with total compensation of $1.1 million.
Source Filing
Executive Record
Frank Lee
President - PDMC and former Chief Executive Officer
Reported Pay
$3.2MSummary compensation table total · FY2025
Findings
Reviewing FY2025 compensation of $3.2M against +36% shareholder return and the latest filing-backed pay disclosures.
Reported pay changed -35%; spread versus stock performance is pending computation.
Evidence is sourced from the latest executive compensation filing and return series for PLAB.
Team view
6 executives
President - PDMC and former Chief Executive Officer
Total PayFY2025
$3.2M
Total PayFY2025
$5.0M
Executive Vice President and Chief Financial Officer
Total PayFY2025
$2.1M
Senior Vice President COO of IC Operations
Total PayFY2025
$1.5M
Senior Vice President and General Manager of FPD Operations
Total PayFY2025
$1.4M
Executive Vice President Chief Technology Officer, Strategic Planning
Total PayFY2025
$1.1M
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01FY2025 total compensation breakdown
$3.2M total compensation
Frank Lee earned $3.2M in FY2025— here's how that breaks down.
$1.9M
60% of total
$783.8K
24% of total
$509.5K
16% of total
$28.9K
1% of total
Activity timeline · FY2025
Recent events from filings
Jan 29, 2025
George C. Macricostas stock (Grant FV $15,841,002,188,912)
Jan 3, 2025
Frank Lee stock (Grant FV $1,929,600)
Jan 3, 2025
H.K. Park stock (Grant FV $916,560)
Jan 3, 2025
Christopher J. Progler stock (Grant FV $675,360)
Jan 3, 2025
Eric Rivera stock (Grant FV $916,560,425,600)
Jan 3, 2025
David Wang stock (Grant FV $916,560)
Jan 3, 2025
Frank Lee grant (stock)
$1.9M
A pay-performance summary will appear here once the verdict loads above.
02Pay changes vs. stock performance
1 year of data
Peer context
Dashed line marks the small-cap median compensation benchmark for companies around $1.7B market cap, based on 213 peers in this size band.
03Recent insider trades by officers and directors
~48 trades
04Showing FY2025 data (latest available)
FY2026does not include director compensation in our current dataset, so we're showing the latest board table we found.
We're loading the latest director compensation and board makeup.
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06For analysts and deep research
Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $0.78M | $0.51M | $1.93M | $0.00M | -$0.00M | $3.22M | |
| 2024 | $0.75M | $0.60M | $3.57M | $0.00M | $0.00M | $4.93M | |
| 2023 | $0.75M | $1.30M | $2.01M | $0.00M | $0.00M | $4.06M | |
| 2022 | $0.65M | $0.96M | $1.31M | $0.00M | $0.00M | $2.92M | |
| 2021 | $0.46M | $0.37M | $0.45M | $0.00M | $0.00M | $1.27M | |
| 2020 | $0.45M | $0.09M | $0.54M | $0.00M | $0.00M | $1.07M | |
| 2019 | $0.43M | $0.11M | $0.39M | $0.00M | $0.00M | $0.93M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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PHOTRONICS INC (PLAB) — Key Facts
Last updated Jul 2, 2026 · DEF 14A filed Nov 1, 2025
| CEO | Frank Lee, President - PDMC and former Chief Executive Officer |
|---|---|
| Fiscal year | FY2025 |
| Total compensation | $3.2M |
| Base salary | $784K |
| Stock awards | $1.9M |
| Other compensation | $29K |
| Year-over-year change | -35% |
| Source | DEF 14A, 2025-11-01 |
Frank Lee, the President - PDMC and former Chief Executive Officer of PHOTRONICS INC, received total compensation of $3.2 million in fiscal year 2025. This includes base salary of $783,832 and stock awards valued at $1.9 million.
Frank Lee's base salary at PHOTRONICS INC is $783,832 per year as of fiscal year 2025. However, total compensation including stock awards, bonuses, and other benefits is $3.2 million.
PHOTRONICS INC's CEO, Frank Lee, earned $3.2 million in total compensation for fiscal year 2025. The majority of this compensation comes from stock awards ($1.9 million) rather than base salary ($783,832).