Sundar PichaiSundar Pichai earned $164M in 2023

David Fyfe is the current CEO of Universal Display Corporation, a leading company in OLED technology. He has been in this role since June 2022. Over the years, David has shown a keen ability to drive the company's vision forward,...

Quick Links
U

David Fyfe

CEO of Universal Display

Sector of Economy

Technology

Born

July 30, 2024 - 0 years ago

CEO of Universal Display for

3 years 1 month (Jun 2022 - Present)

Previous Experience

Unknown

Holdings

See how much did David Fyfe make over time.

David Fyfe holds a notable stake in Universal Display Corporation—his insider trading history showcases a commitment to align his interests with the company’s performance. Notably, he had around 58,518 shares accessible in recent filings. The fluctuations in his holdings show...

Loading...

Insider Trading

See recent insider trades of David Fyfe.

No insider trades found for this CEO.

Compensation History

See how much did David Fyfe make over time.

In 2023, David Fyfe earned a total compensation package of around $9.19 million, which stood out largely due to a substantial bonus of over $1.5 million, linked to the company’s performance metrics. His base salary for the year was $878,024. Interestingly, unlike many executives, his focus has been primarily on cash compensation—no stock options were granted or vested during this time, indicating a deliberate choice to avoid traditional stock incentives. This strategy reflects his understanding of modern compensation trends, emphasizing immediate performance results instead of long-term equity stakes. His compensation aligns closely with the company's fiscal health and operational performance, reflecting a forward-looking approach to incentivization. David’s leadership philosophy integrates immediate financial rewards with performance targets, maintaining motivation across the company while safeguarding shareholders' interests.

Year

2023

Total Compensation

$2.47M

Salary

$878.02K

Board Justification

The compensation philosophy is designed to attract, motivate, and retain talented personnel while rewarding executives for contributions to the Company’s long-term strategic and short-term business goals.

Bonus

$1.54M

Board Justification

The bonus was awarded under the Annual Incentive Plan based on the achievement of pre-established performance objectives, resulting in approximately 137% of the target payout for 2023 performance.

Other

$53.35K

Board Justification

Includes auto expense reimbursements, life and disability insurance premium payments, and employer 401(k) contributions.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2023 as the focus is on cash compensation and bonuses for the year.

Performance Metrics

The performance metrics for 2023 included revenue and adjusted operating income targets.

Other Universal Display CEOs

Here are other CEOs of Universal Display