---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-259842"
form_type: "8-K"
ticker: "KLAC"
cik: "0000319201"
company_name: "KLA CORP"
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-29T23:59:52.159163+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# KLA EVP & CSO Donzella to transition to part-time senior advisor effective Apr 14, 2025

## Summary
- Oreste Donzella will serve as Chief Strategy Officer until April 13, 2025, then become a part-time senior advisor through August 16, 2026.
- During the advisor period, he receives $125,000 annualized base salary and continued equity vesting, but no bonus or new equity grants.
- Severance of $7M if terminated before Aug 5, 2025, or $3.5M if terminated on/after Aug 5, 2025 but before Aug 6, 2026.
- Advisor agreement signed Nov 15, 2024; Donzella continues to be bound by proprietary information and restrictive covenant agreements.

## SEC filing metadata
- accession: 0001193125-24-259842
- form_type: 8-K
- ticker: KLAC
- cik: 0000319201
- company_name: KLA CORP
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/319201/000119312524259842/0001193125-24-259842-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/319201/000119312524259842/d845718d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-259842
- JSON: https://secwatch.observer/filing/0001193125-24-259842.json
- Plain text: https://secwatch.observer/filing/0001193125-24-259842.txt

## Key facts
- Executive change
  Oreste Donzella changed role as part-time senior advisor at KLA CORP.
  - Action: transition
  - Role: part-time senior advisor
  source text: On November 15, 2024, KLA Corporation (the “Company”) and Oreste Donzella, Executive Vice President and Chief Strategy Officer, agreed that Mr. Donzella will transition to the role of part-time senior advisor to the Company beginning on April 14, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/319201/000119312524259842/0001193125-24-259842-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.