In 2022, John M. Forsyth earned $3.30M in total compensation at Cirrus Logic, including $700.00K salary, $350.00K bonus and $2.23M in stock. Most recently acquired 6,500 shares in Aug 2021. Currently holds stock worth $10.33M. 4+ years at the helm of Cirrus Logic.
Compensation History
Annual executive compensation data for John M. Forsyth, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$3.30M
Salary
$700.00K
Bonus
$350.00K
Other
$11.65K
Salary
$700.00KBoard Justification
The compensation philosophy is designed to attract and retain executives while aligning their interests with those of stockholders, focusing on performance-based compensation tied to company performance metrics.
Bonus
$350.00KBoard Justification
The bonus is based on the company's performance under the Incentive Plan, with a target of 50% of the annual base salary, resulting in a total cash compensation of $1,400,000 for the fiscal year 2023.
Other Compensation
$11.65KBoard Justification
Other compensation includes contributions to the 401(k) plan, health savings account contributions, and insurance premiums.
Restricted Stock
Board Justification
The stock awards that vested in 2023 include Performance-Based Restricted Stock Units (PBRSUs) and Restricted Stock Units (RSUs) granted in previous years, with a total value of $2,234,918 based on the closing market price of the stock on March 24, 2023.
Performance Metrics
The performance metrics include Operating Profit Margin and revenue growth, which determine the cash bonus payout percentages.
John M. Forsyth
CEO of Cirrus Logic
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Technology
Born
January 1, 1973 - 52 years ago
CEO of Cirrus Logic for
4 years 11 months (Jan 2021 - Present)
Previous Experience
Vice President of Audio Products, Vice President of Product Marketing, Chief Strategy Officer
Other Cirrus Logic CEOs
Holdings
Track John M. Forsyth's stock holdings and portfolio value over time.
Total Stock Sold
$2.26M
$2.26M
30,624 CRUS shares
What if they kept their stock?
If John M. Forsyth didn't sell their stock, today they would have:
Extra CRUS30,624 shares worth $3.75M.
This is 65.87% and $1.49M more than what they got when they sold the stock.
Insider Trading
John M. Forsyth's recent stock transactions, purchases, and sales filed with the SEC.
$518.11K
CRUS at $79.71/share
Aug 17, 2021
Purchase
$221.52K
CRUS at $89.00/share
Jan 6, 2021
Sale
$359.47K
CRUS at $85.00/share
Jan 4, 2021
Sale
$295.06K
CRUS at $73.76/share
Nov 3, 2020
Sale
$112.50K
CRUS at $75.00/share
Aug 3, 2020
Sale
$112.50K
CRUS at $75.00/share
May 5, 2020
Sale
$541.59K
CRUS at $72.01/share
Nov 13, 2019
Sale
$644.29K
CRUS at $68.65/share
Nov 4, 2019
Sale
Rivals
Compare John M. Forsyth with competitor CEOs and industry peers.
Kurt Sievers
CEO of NXP Semiconductors
2023 Compensation
Stock
$7.50M
Salary
$1.50M
Bonus
$2.50M
Other
$500.00K
Total Holdings
$193.07M
Michael Hsing
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2023 Compensation
Stock
$0.00
Salary
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Bonus
$1.51M
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Steve Sanghi
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2021 Compensation
Stock
$3.74M
Salary
$484.88K
Bonus
$38.13K
Other
$18.27K
Total Holdings
$1.64B
Robert A. Bruggeworth
CEO of Qorvo
2023 Compensation
Stock
$114.48M
Salary
$995.43K
Bonus
$0.00
Other
$13.25K
Total Holdings
$1.32M
Liam K. Griffin
CEO of Skyworks Solutions
2023 Compensation
Stock
$0.00
Salary
$1.17M
Bonus
$1.51M
Other
$26.40K
Total Holdings
$1.20M
Vincent T. Roche
CEO of Analog Devices
2024 Compensation
Stock
$17.04M
Salary
$1.14M
Bonus
$0.00
Other
$670.93K
Total Holdings
$7.37M