Sundar PichaiSundar Pichai earned $164M in 2023

Adam Thorngate-Gottlund has been an important figure at Credo Technology Group, where he served as the General Counsel and Secretary until January 2024. He holds a JD from Harvard Law School, showcasing his strong background in law, which has been...

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Adam Thorngate-Gottlund

Ex-CEO of Credo Technology Group Holding Ltd

Education

JD from Harvard Law School

Field of Expertise

Legal & Compliance - Law

Sector of Economy

Technology

Born

January 1, 1978 - 47 years ago

CEO of Credo Technology Group Holding Ltd for

3 years 0 months (Jan 2021 - Jan 2024)

Previous Experience

Chief Operating Officer at XYZ Corp

Rivals

Competitors/colleagues of Adam Thorngate-Gottlund

Holdings

See how much did Adam Thorngate-Gottlund make over time.

Adam Thorngate-Gottlund’s holdings primarily included shares in Credo Technology Group. At the end of 2023, before his departure in January 2024, he held approximately 243 shares, a small amount relative to the company’s overall structure, which reflected his focus on...

Total Stock Sold

$2.45M

CRDO

$2.45M

141,278 CRDO shares

What if they kept their stock?

If Adam Thorngate-Gottlund didn't sell their stock, today they would have:
Extra CRDO141,278 shares worth $1.65M.
This is -32.88% and $806.19K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Adam Thorngate-Gottlund.

CRDO

$440.57K

CRDO at $22.03/share

Jan 22, 2024

Sale

CRDO

$39.55K

CRDO at $18.24/share

Dec 6, 2023

Sale

CRDO

$494.23K

CRDO at $18.05/share

Nov 20, 2023

Sale

CRDO

$37.06K

CRDO at $17.09/share

Sep 6, 2023

Sale

CRDO

$23.32K

CRDO at $8.50/share

Jun 30, 2022

Received

CRDO

$871.28K

CRDO at $17.56/share

Jun 27, 2023

Sale

CRDO

$13.50K

CRDO at $10.42/share

Mar 1, 2023

Sale

CRDO

50,000 shares

CRDO

Dec 1, 2022

Received

CRDO

$15.19K

CRDO at $13.80/share

Dec 1, 2022

Sale

CRDO

$35.50K

CRDO at $11.38/share

Sep 22, 2022

Sale

Compensation History

See how much did Adam Thorngate-Gottlund make over time.

In 2023, Adam Thorngate-Gottlund's total compensation was reported to be $382,938, which mainly came from his salary of $287,000 and vested stock awards valued at $95,938. It’s interesting to note that his compensation notably dropped from the previous year, 2022, when he had substantial performance-based bonuses amounting to $145,250, reflecting the company’s strong revenue growth at that time. His decision to forgo future bonuses due to his planned exit from the company indicates a clear focus on his role rather than personal financial gain. Overall, his compensation reflects a strategic approach to aligning rewards with company performance, but with his exit in 2024, it signifies an end to that alignment at Credo.

Year

2023

Total Compensation

$669.94K

Salary

$287.00K

Board Justification

The compensation philosophy is designed to attract and retain top talent while aligning executive compensation with company performance and shareholder interests.

Bonus

$0.00

Board Justification

Mr. Thorngate-Gottlund did not receive an annual bonus for fiscal 2024 due to his separation from the company.

Other

$0.00

Board Justification

Restricted Stock

$382.94K(21.88K RSU)

Board Justification

21,875 shares of RSUs vested during the fiscal year 2024, which were granted in prior years and are now fully vested.

Performance Metrics

The performance metrics for determining compensation include year-over-year revenue growth and non-GAAP net income percentage metrics.

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