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Joy E. Leo is a seasoned leader with over 25 years in finance and corporate management, particularly in the high-tech industry. She joined PDF Solutions, Inc. as the Executive Vice President and Chief Administration Officer in 2008 and later took...

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Joy E. Leo

Ex-CEO of PDF Solutions

Education

BA in Business Administration from the University of Utah

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Technology

Born

January 1, 1956 - 69 years ago

CEO of PDF Solutions for

2 years 11 months (Jul 2008 - Jun 2011)

Previous Experience

Senior Vice President, Chief Financial Officer at Credence Systems Corporation

Holdings

See how much did Joy E. Leo make over time.

During her time at PDF Solutions, Joy E. Leo had significant stock option holdings. In 2009, she was granted 50,000 stock options with a vesting schedule of 25% after one year and monthly thereafter. By the end of 2011, she...

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Insider Trading

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Compensation History

See how much did Joy E. Leo make over time.

Joy E. Leo's total compensation at PDF Solutions varied significantly during her tenure. In 2009, she earned $459,700, which included a retention bonus of $89,400—a strategic move to attract her expertise amidst a challenging corporate landscape. By 2010, her annual salary was set at $270,000, but due to continued company losses, no bonuses or stock grants were awarded that year. In her last year, 2011, her total compensation was $285,900, largely due to severance pay as she transitioned out of the company. Notably, her compensation strategy revolved around aligning with company performance metrics, emphasizing how her financial success was tied to the company’s health.

Year

2011

Total Compensation

$285.90K

Salary

$125.80K

Board Justification

The compensation philosophy emphasizes performance-based compensation aligned with company performance and retention strategies.

Bonus

$0.00

Board Justification

No annual discretionary cash bonus was awarded in 2011 due to market conditions and company performance.

Other

$160.10K

Board Justification

This amount includes severance payments, COBRA premiums, and accrued paid time off paid at the time of termination of employment.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2011 as there were no stock grants made that year.

Performance Metrics

Compensation is tied to company performance metrics, including revenue growth and profitability.

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