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Harold Hughes is the CEO and President of Rambus, a semiconductor company he has led since January 2005. With a background in finance and an MBA, Hughes has significant experience in the tech industry, having worked at Intel for over...

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Harold Hughes

Ex-CEO of Rambus

Education

Bachelor's degree in Business Administration from the University of Wisconsin and an MBA from the University of Michigan

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Technology

Born

January 1, 1945 - 80 years ago

CEO of Rambus for

7 years 5 months (Jan 2005 - Jun 2012)

Previous Experience

CEO of Pandesic LLC, Senior Vice President and CFO of Intel Corporation

Holdings

See how much did Harold Hughes make over time.

Harold Hughes has a substantial stake in Rambus, which peaked in value at approximately $29.70 million in January 2024, reflecting his strong belief in the company's prospects. His holdings fluctuated significantly over time, starting at about $5.8 million in 2019...

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RMBS

25,000 shares

RMBS

Oct 1, 2012

Received

RMBS

33,000 shares

RMBS

Feb 1, 2012

Received

RMBS

$102.40K

RMBS at $10.24/share

Aug 10, 2011

Purchase

RMBS

32,000 shares

RMBS

Feb 1, 2011

Received

Compensation History

See how much did Harold Hughes make over time.

Hughes's compensation reflects his performance-driven mentality. In 2011, his total earnings were impressive at $3.46 million, driven by a mix of salary, bonuses, and stock awards. His base salary typically hovered around $500,000, but his bonuses varied significantly based on performance metrics. For instance, in 2011, he earned a bonus of nearly $857,000, showcasing his ability to exceed individual and company goals. Over the years, as his leadership has driven Rambus's growth, there was a notable focus on aligning compensation with the company's performance, where payouts often depended on exceeding financial targets. This structured approach in compensation indicates Hughes's philosophy of linking pay to performance, which not only boosts morale but also aligns executives with the interests of shareholders.

Year

2012

Total Compensation

$608.70K

Salary

$304.81K

Board Justification

The compensation program is designed to align executive compensation with business objectives and company financial performance, motivating executives to enhance long-term stockholder value.

Bonus

$70.18K

Board Justification

Annual cash bonus based on individual performance calculated pursuant to the terms and conditions of the Corporate Incentive Plan (CIP), pro-rated based on service through the completion of the Company's second quarter.

Other

$18.24K

Board Justification

Includes matching contributions to the 401(k) accounts and premiums paid for health and welfare insurance policies.

Restricted Stock

$215.48K(29.5K RSU)

Board Justification

Restricted stock units that vested in 2012, with a total of 29,500 shares vesting during the year.

Performance Metrics

Annual financial performance was measured using Adjusted EBITDA, with payouts funded at approximately 30.46% of target.

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