Gayn Erickson is the President and CEO of Aehr Test Systems, a company focused on semiconductor testing. Born on September 25, 1968, he holds a Bachelor of Science in Electrical Engineering from Stanford University, which laid a strong foundation for...

Gayn Erickson is the President and CEO of Aehr Test Systems, a company focused on semiconductor testing. Born on September 25, 1968, he holds a Bachelor of Science in Electrical Engineering from Stanford University, which laid a strong foundation for his career in engineering. During his tenure, he has been involved in significant growth phases for Aehr Test Systems. Notably, his compensation fluctuated dramatically over the years: in 2023, he earned a total of $534,825, primarily in salary and performance bonuses, while in 2022, his earnings peaked at $1,310,288, thanks mainly to stock vesting. Erickson's insider trading activity suggests he regularly engages with company shares, with notable transactions peaking at values over $10 million. This may show his belief in the company's direction and growth potential. His leadership style appears to focus on performance metrics tied to personal and company milestones, emphasizing the alignment of executive compensation with shareholder value.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Aehr Test Systems CEOs

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Gayn Erickson

CEO of Aehr Test Systems

Education

Bachelor of Science in Electrical Engineering from Stanford University

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

September 25, 1968 - 56 years ago

CEO of Aehr Test Systems for

3 years 11 months (May 2021 - Present)

Previous Experience

Vice President of Sales and Marketing at Aehr Test Systems

Rivals

Competitors/colleagues of Gayn Erickson

Holdings

See how much did Gayn Erickson make over time.

Gayn Erickson has made several notable trades in Aehr Test Systems stock, with his reported value peaking at $10.75 million in November 2021 during a period of significant stock growth. His holdings showed consistent fluctuations, with a sharp rise in...

Gayn Erickson has made several notable trades in Aehr Test Systems stock, with his reported value peaking at $10.75 million in November 2021 during a period of significant stock growth. His holdings showed consistent fluctuations, with a sharp rise in trading value from mid-2021, reaching a high of $24.64 million in July 2023. This movement indicates his active involvement with the company’s stock and suggests he is committed to its growth. Over the last few years, his trading volume has varied but notably increased, reflecting confidence in the company's performance. Erickson's wealth has significantly tied to his stock holdings, showcasing a common theme among CEOs investing heavily in their companies' futures.

Total Stock Sold

$24.27M

AEHR

$24.27M

1,125,048 AEHR shares

What if they kept their stock?

If Gayn Erickson didn't sell their stock, today they would have:
Extra AEHR1,125,048 shares worth $1.76M.
This is -92.77% and $22.52M less than what they got when they sold the stock.

Charitable Transactions

AEHR

19,000 shares

AEHR

Recent Charitable Transactions

AEHR

5,000 shares

AEHR

Dec 28, 2023

Charity

AEHR

5,000 shares

AEHR

Dec 28, 2022

Charity

AEHR

9,000 shares

AEHR

Dec 21, 2021

Charity

Insider Trading

See recent insider trades of Gayn Erickson.

AEHR

63,931 shares

AEHR

Jul 11, 2024

Received

AEHR

$84.73K

AEHR at $17.39/share

Jan 18, 2024

Sale

AEHR

$19.19K

AEHR at $17.24/share

Jan 16, 2024

Sale

AEHR

5,000 shares

AEHR

Dec 28, 2023

Charity

AEHR

25,239 shares

AEHR

Oct 27, 2023

Received

AEHR

$6.35M

AEHR at $51.29/share

Jul 17, 2023

Sale

AEHR

$2.25M

AEHR at $45.00/share

Jul 13, 2023

Sale

AEHR

41,250 shares

AEHR

Jul 11, 2023

Received

AEHR

$2.00M

AEHR at $40.00/share

Mar 23, 2023

Sale

AEHR

$1.77M

AEHR at $35.00/share

Jan 24, 2023

Sale

Compensation History

See how much did Gayn Erickson make over time.

In 2023, Gayn Erickson's compensation package totaled $534,825, which primarily included his base salary of $459,508 and a personal performance bonus of $70,000. This marked a significant drop compared to his 2022 package, where he earned $1,310,288, largely due to vested stock worth $990,000. Over the years, his compensation has reflected the company's financial health, aligning with performance metrics that emphasize shareholder value and business objectives. In fiscal 2021, for instance, he received $484,693, while the company’s growth and overall performance impacted the executive compensation significantly. Erickson's compensation philosophy resonates with retaining and motivating talent through competitive salaries and performance-linked bonuses.

Year

2023

Total Compensation

$574.83K

Salary

$459.51K

Board Justification

The Company compensates its executive officers through a combination of base salary, cash bonuses, and equity compensation designed to be competitive with comparable companies, aligning compensation with key business objectives and shareholder value.

Bonus

$70.00K

Board Justification

Based upon personal performance against milestones for fiscal 2024, Gayn Erickson was awarded a personal performance bonus of $70,000.

Other

$45.32K

Board Justification

Includes health and life insurance premiums and medical costs paid by the Company.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the focus is on cash compensation and bonuses for this report.

Performance Metrics

The performance metrics for Gayn Erickson's compensation are based on personal performance against milestones and overall company performance.

Other Aehr Test Systems CEOs

Here are other CEOs of Aehr Test Systems

Rhea J. Posedel

Ex-CEO of Aehr Test Systems

March 2013 - May 2021