Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Ganesh Moorthy earned $715.16K in total compensation at Microchip Technology, including $680.72K salary and $21.33K bonus. Most recently acquired 385 shares in Mar 2024. Currently holds stock worth $52.24M. Has donated $822.46K in stock to charitable causes. Led Microchip Technology as CEO for 3 years.

Compensation History

Annual executive compensation data for Ganesh Moorthy, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$715.16K

Salary

$680.72K

Bonus

$21.33K

Other

$13.11K

Salary

$680.72K

Board Justification

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

Bonus

$21.33K

Board Justification

Bonus earned under the Employee Cash Bonus Plan (ECBP) based on company performance metrics for fiscal 2024.

Other Compensation

$13.11K

Board Justification

Includes company-matching contributions under the 401(k) retirement savings plan and life insurance premiums paid by Microchip for the benefit of the CEO.

Restricted Stock

$0.000 N/A

Board Justification

No stock grants vested in 2023 as the focus is on cash compensation and performance-based bonuses.

Performance Metrics

Performance metrics for bonuses are based on non-GAAP financial results, including operating income as a percentage of net sales.

M

Ganesh Moorthy

Ex-CEO of Microchip Technology

Education

M.B.A. in Marketing, B.S. in Electrical Engineering, B.S. in Physics

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

January 1, 1960 - 65 years ago

CEO of Microchip Technology for

3 years 8 months (Mar 2021 - Nov 2024)

Previous Experience

Various executive roles in semiconductor companies

Holdings

Track Ganesh Moorthy's stock holdings and portfolio value over time.

Total Stock Sold

$14.81M

MCHP

$14.81M

710,320 MCHP shares

What if they kept their stock?

If Ganesh Moorthy didn't sell their stock, today they would have:
Extra MCHP710,320 shares worth $45.97M.
This is 210.43% and $31.16M more than what they got when they sold the stock.

Charitable Transactions

MCHP

12,708 shares

MCHP

Recent Charitable Transactions

MCHP

$108.03K

MCHP at $103.78/share

Jun 16, 2020

Charity

MCHP

$506.97K

MCHP at $95.42/share

Sep 11, 2019

Charity

Insider Trading

Ganesh Moorthy's recent stock transactions, purchases, and sales filed with the SEC.

MCHP

$21.25K

MCHP at $55.19/share

Mar 1, 2024

Received

MCHP

$21.25K

MCHP at $55.19/share

Mar 1, 2023

Received

MCHP

$457.20K

MCHP at $57.15/share

Jun 17, 2022

Purchase

MCHP

$21.29K

MCHP at $40.47/share

Mar 1, 2022

Received

MCHP

$21.93K

MCHP at $80.94/share

Mar 1, 2021

Received

MCHP

$108.03K

MCHP at $103.78/share

Jun 16, 2020

Charity

MCHP

$1.28M

MCHP at $106.72/share

Jun 4, 2020

Sale

MCHP

$21.21K

MCHP at $72.16/share

Mar 1, 2020

Received

MCHP

$506.97K

MCHP at $95.42/share

Sep 11, 2019

Charity

MCHP

$20.56K

MCHP at $73.18/share

Mar 1, 2019

Received

Rivals

Compare Ganesh Moorthy with competitor CEOs and industry peers.