Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Russell J. Low earned $1.06M in total compensation at Axcelis Technologies, including $530.10K salary and $519.07K bonus. Most recently acquired 28,488 shares in May 2024. Currently holds stock worth $12.09M. 2+ years at the helm of Axcelis Technologies.

Compensation History

Annual executive compensation data for Russell J. Low, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$1.06M

Salary

$530.10K

Bonus

$519.07K

Other

$9.90K

Salary

$530.10K

Board Justification

The compensation philosophy is designed to align executive pay with performance, ensuring that a significant portion of compensation is performance-based and competitive with peer companies.

Bonus

$519.07K

Board Justification

The annual cash incentive compensation realized by Dr. Low under the 2023 Axcelis Management Incentive Plan was based on a plan score of 112.55%, reflecting the achievement of 2023 revenues and profitability above the Company’s profit plan.

Other Compensation

$9.90K

Board Justification

This includes matching contributions to the 401(k) plan and the value of service awards received in the year.

Restricted Stock

$0.000 RSU

Board Justification

No stock grants were vested in 2023 as the focus is on the cash and bonus components for total compensation calculations.

Performance Metrics

The performance metrics for Dr. Low's compensation in 2023 were based on revenue, operating profit, and gross margin targets.

A

Russell J. Low

CEO of Axcelis Technologies

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

CEO of Axcelis Technologies for

2 years 6 months (May 2023 - Present)

Previous Experience

Executive Vice President, Engineering at Axcelis Technologies

Holdings

Track Russell J. Low's stock holdings and portfolio value over time.

Total Stock Sold

$5.84M

ACLS

$5.84M

70,659 ACLS shares

What if they kept their stock?

If Russell J. Low didn't sell their stock, today they would have:
Extra ACLS70,659 shares worth $6.27M.
This is 7.46% and $435.42K more than what they got when they sold the stock.

Insider Trading

Russell J. Low's recent stock transactions, purchases, and sales filed with the SEC.

ACLS

28,488 shares

ACLS

May 15, 2024

Received

ACLS

$49.45K

ACLS at $112.39/share

Mar 11, 2024

Purchase

ACLS

$610.35K

ACLS at $179.25/share

Sep 7, 2023

Sale

ACLS

$608.50K

ACLS at $173.41/share

Jun 8, 2023

Sale

ACLS

$762.59K

ACLS at $153.13/share

May 25, 2023

Sale

ACLS

$1.09M

ACLS at $130.76/share

May 15, 2023

Sale

ACLS

24,036 shares

ACLS

May 15, 2023

Received

ACLS

$1.21M

ACLS at $125.93/share

Feb 13, 2023

Sale

ACLS

$568.84K

ACLS at $73.88/share

Nov 10, 2022

Sale

ACLS

11,764 shares

ACLS

May 15, 2022

Received

Rivals

Compare Russell J. Low with competitor CEOs and industry peers.