Chi-Foon Chan is a well-known figure in the tech industry with a solid track record in executive leadership. He served as Co-CEO of Synopsys, Inc. from 2012 to 2022, where he successfully aligned executive pay with company performance, aiming to...

Chi-Foon Chan is a well-known figure in the tech industry with a solid track record in executive leadership. He served as Co-CEO of Synopsys, Inc. from 2012 to 2022, where he successfully aligned executive pay with company performance, aiming to drive growth. Though he stepped down from his CEO role, he still earned a compensation of $3.125 million in 2023, which included a $625,000 salary and a $2.5 million performance-related bonus. His expertise lies in engineering, supported by his degrees in Electrical and Computer Engineering. He’s currently involved with PDF Solutions as a Director and also serves on Intel's Board of Advisors. Chan emphasizes the importance of creating long-term value in business and has a unique approach to tying rewards to strategic goals. With a history at Intel and NEC Electronics, he brings deep industry experience. His focus on performance metrics reflects a commitment to sustainable business practices, ensuring that success benefits everyone involved.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other PDF Solutions CEOs

P

Chi-Foon Chan

CEO of PDF Solutions

Education

Bachelor's degree in Electrical Engineering from the University of California, Berkeley

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

CEO of PDF Solutions for

1 year 4 months (Dec 2023 - Present)

Previous Experience

President, Co-CEO of Synopsys, Inc.

Rivals

Competitors/colleagues of Chi-Foon Chan

E

Bertrand Loy

CEO of Entegris

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$0.00

Other

$124.12K

Total Holdings

$28.18M

A

Gary E. Dickerson

CEO of Applied Materials

2023 Compensation

Stock

$40.73M

Salary

$1.03M

Bonus

$1.63M

Other

$241.98K

Total Holdings

$259.00M

O

Michael P. Plisinski

CEO of Onto Innovation

2023 Compensation

Stock

$6.75M

Salary

$692.72K

Bonus

$0.00

Other

$1.43K

Total Holdings

$21.26M

M

John T.C. Lee

CEO of MKS Instruments

2023 Compensation

Stock

$0.00

Salary

$950.00K

Bonus

$1.02M

Other

$35.29K

Total Holdings

$9.20M

K

Richard P. Wallace

CEO of KLA Corporation

2022 Compensation

Stock

$46.42M

Salary

$997.12K

Bonus

$2.95M

Other

$1.32M

Total Holdings

$63.76M

Holdings

See how much did Chi-Foon Chan make over time.

Chi-Foon Chan has seen his financial landscape fluctuate over his career. When he was leading Synopsys, he was deeply involved in the company's performance-based compensation structure. He had significant shares and options that were tied to the company's success, especially...

Chi-Foon Chan has seen his financial landscape fluctuate over his career. When he was leading Synopsys, he was deeply involved in the company's performance-based compensation structure. He had significant shares and options that were tied to the company's success, especially during his tenure as Co-CEO. In 2018, his total compensation reached $6.65 million, showing the heights he reached when his incentives were maximized. Currently, Chan does not hold any vested stock at Synopsys, as his equity awards expired following his departure from the CEO role in mid-2022. However, he now receives additional compensation as a Director at PDF Solutions, including a stock award valued at $300,000. His current role keeps him actively engaged in the semiconductor ecosystem, further influencing his financial situation in the tech field.

Total Stock Sold

$244.28M

SNPS

$244.28M

2,267,063 SNPS shares

What if they kept their stock?

If Chi-Foon Chan didn't sell their stock, today they would have:
Extra SNPS2,267,063 shares worth $366.31M.
This is 49.96% and $122.03M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Chi-Foon Chan.

SNPS

$3.64M

SNPS at $289.25/share

Feb 18, 2022

Sale

SNPS

8,244 shares

SNPS

Dec 9, 2021

Received

SNPS

$4.23M

SNPS at $343.13/share

Dec 3, 2021

Sale

SNPS

$87.97M

SNPS at $315.34/share

Aug 20, 2021

Sale

SNPS

$1.71M

SNPS at $242.96/share

May 21, 2021

Sale

SNPS

$1.72M

SNPS at $269.37/share

Feb 19, 2021

Sale

SNPS

8,244 shares

SNPS

Dec 10, 2020

Received

SNPS

$2.84M

SNPS at $237.50/share

Dec 4, 2020

Sale

SNPS

$42.14M

SNPS at $211.79/share

Aug 21, 2020

Sale

SNPS

$949.01K

SNPS at $170.01/share

May 22, 2020

Sale

Compensation History

See how much did Chi-Foon Chan make over time.

In 2023, Chi-Foon Chan's role shifted as he transitioned away from his CEO duties at Synopsys, but he still earned a noteworthy compensation package. His total pay was $3.125 million, which included a base salary of $625,000 and a cash bonus of $2.5 million linked to specific performance targets. Throughout his career at Synopsys, Chan's annual earnings often surpassed $3 million, demonstrating his alignment with high-stakes performance incentives. His compensation was designed to motivate long-term results, leveraging his engineering background to drive company growth. This performance-driven model characterized his executive strategy and continues to influence his director role at PDF Solutions, where his compensation philosophy carries on.

Year

2023

Total Compensation

$3.13M

Salary

$625.00K

Board Justification

The compensation philosophy for the CEO aligns with performance metrics that drive long-term value creation and retention strategies, ensuring competitive compensation relative to peers.

Bonus

$2.50M

Board Justification

The cash incentive target opportunity for Chi-Foon Chan was set at 200% of his base salary, with actual cash incentive payments based on performance against pre-established financial and organizational goals for fiscal 2023.

Other

$0.00

Board Justification

No other compensation was reported for Chi-Foon Chan in 2023 as he was not in an active role during this fiscal year.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as Chi-Foon Chan's unvested awards terminated upon his departure from the CEO role in June 2022.

Performance Metrics

The performance metrics for Chi-Foon Chan's compensation were based on achieving specific financial and organizational goals set by the Compensation Committee.