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Cyrus Y. Tsui served as the CEO of Lattice Semiconductor Corporation from 2003 until his departure in 2005. His tenure saw ups and downs, notably including a period when the company faced financial challenges. Tsui's compensation reflected this environment –...

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Cyrus Y. Tsui

Ex-CEO of Lattice Semiconductor

Sector of Economy

Technology

CEO of Lattice Semiconductor for

2 years 5 months (Jan 2003 - Jun 2005)

Previous Experience

Unknown

Holdings

See how much did Cyrus Y. Tsui make over time.

During his time as CEO, Cyrus Y. Tsui held a significant number of options in Lattice Semiconductor. In 2003, he had over 1.8 million stock options vested, which reflected the company's ambitious growth strategy. However, as the business faced profitability...

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Compensation History

See how much did Cyrus Y. Tsui make over time.

Cyrus Tsui's compensation as CEO of Lattice Semiconductor fluctuated throughout his tenure. In 2005, he earned a total of approximately $743,517, primarily from a base salary of $720,024, which reflected the company's ongoing challenges. Tsui did not receive any bonuses or stock grants that year, which indicated a lean period for executive incentives. His highest total compensation of his tenure was recorded in 2003, where, despite not being paid a bonus, he was reported to have received significant vested stock options valued at about $6.9 million. However, by 2005, Tsui's situation changed drastically as he did not fare well under the scrutiny facing the company, leading to his termination amid a backdrop of financial examination and restructuring. Despite previously holding a strong position, his final years were marked by lack of performance and ultimately an end to his role.

Year

2005

Total Compensation

$743.52K

Salary

$720.02K

Board Justification

The compensation philosophy emphasizes clear and competitive compensation packages that align with company performance and retention strategies.

Bonus

$0.00

Board Justification

Mr. Tsui did not receive a bonus in 2005.

Other

$23.49K

Board Justification

Other compensation includes health benefits, access to a corporate apartment, and reimbursement for certain automobile expenses.

Restricted Stock

$0.00(0 N/A)

Board Justification

Mr. Tsui did not receive any stock grants in 2005.

Performance Metrics

Performance metrics were not specified for Mr. Tsui's compensation.

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