Sundar PichaiSundar Pichai earned $164M in 2023

Christine A. Heckart is the CEO of SiTime Corporation. She has an impressive background in marketing and technology, earning a B.A. in Economics from the University of Colorado at Boulder. Before leading SiTime, she held executive roles at several major...

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Christine A. Heckart

Ex-CEO of SiTime Corporation

Education

B.A. in Economics from the University of Colorado at Boulder

Field of Expertise

Sales & Marketing - Marketing

Sector of Economy

Technology

Born

January 1, 1965 - 60 years ago

CEO of SiTime Corporation for

2 years 7 months (Apr 2021 - Nov 2023)

Previous Experience

CEO of Scaylr, Inc.; Senior VP of Business Unit and Product Marketing at Cisco Systems; CMO of Brocade Communications; CMO at NetApp; GM at Microsoft; Global Marketing at Juniper Networks.

Holdings

See how much did Christine A. Heckart make over time.

As of 2023, Christine A. Heckart's wealth is largely tied to her position at SiTime, where she received total compensation of approximately $100.6 million, including salary, stock options, bonuses, and vested stock. Noteworthy is that her compensation package reflects a...

Total Stock Sold

$111.95K

LRCX

$111.95K

119,690 LRCX shares

What if they kept their stock?

If Christine A. Heckart didn't sell their stock, today they would have:
Extra LRCX119,690 shares worth $3.10M.
This is 2,666.63% and $2.99M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Christine A. Heckart.

SITM

2,115 shares

SITM

May 31, 2024

Received

SITM

2,736 shares

SITM

Jun 2, 2023

Received

SITM

910 shares

SITM

Jun 3, 2022

Received

SITM

$109.21K

SITM at $273.03/share

Dec 6, 2021

Purchase

SITM

2,493 shares

SITM

Apr 1, 2021

Received

LRCX

$354.62K

LRCX at $172.98/share

Feb 1, 2019

Sale

LRCX

1,350 shares

LRCX

Nov 9, 2018

Received

LRCX

960 shares

LRCX

Nov 10, 2017

Received

LRCX

$214.58K

LRCX at $107.29/share

Nov 29, 2016

Sale

LRCX

2,050 shares

LRCX

Nov 11, 2016

Received

Compensation History

See how much did Christine A. Heckart make over time.

Christine A. Heckart's compensation for 2023 at SiTime Corporation totaled around $100.6 million. This includes a $650,000 base salary, a $243,750 bonus based on performance goals, and about $20.6 million from vested stock units. Her compensation highlights the company's commitment to tying executive pay to performance, ensuring that Heckart's interests align with those of shareholders. In 2022, her reported total compensation was just $248,622, showing a significant increase in 2023. Prior to 2022, her compensation structure reflected more conservative returns, emphasizing the growth trajectory of the company under her leadership. With a focus on performance-based incentives, her compensation plan aims to boost company profits and drive SiTime's market success.

Year

2023

Total Compensation

$21.66M

Salary

$650.00K

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with stockholder interests and company performance.

Bonus

$243.75K

Board Justification

Based on achievement of performance goals under the Executive Bonus and Retention Plan, paid in RSUs which vested on February 20, 2024.

Other

$120.00K

Board Justification

Lease payments in connection with temporary assignment to the Netherlands.

Restricted Stock

$20.65M(180.22K RSU)

Board Justification

RSUs that vested during the fiscal year ended December 31, 2023.

Performance Metrics

GAAP revenue and non-GAAP operating income performance goals, as well as individual business performance goals.

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