In 2023, Kurt Sievers earned $12.00M in total compensation at NXP Semiconductors, including $1.50M salary, $2.50M bonus and $7.50M in stock. Most recently acquired 36,209 shares in Nov 2024. Currently holds stock worth $46.86M. 5+ years at the helm of NXP Semiconductors.
Compensation History
Annual executive compensation data for Kurt Sievers, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$12.00M
Salary
$1.50M
Bonus
$2.50M
Other
$500.00K
Salary
$1.50MBoard Justification
NXP Semiconductors' compensation philosophy for the CEO in 2023 focused on aligning executive pay with company performance, shareholder value creation, and retention of top talent. The compensation package was structured to reward both short-term achievements and long-term strategic goals, with a significant portion tied to performance metrics and sustainability initiatives.
Bonus
$2.50MBoard Justification
The bonus for Kurt Sievers in 2023 was based on the company's performance metrics, including revenue growth, profitability, and sustainability goals. The bonus was paid out in cash after the fiscal year-end, reflecting the achievement of set targets.
Other Compensation
$500.00KBoard Justification
Other compensation for Kurt Sievers in 2023 included retirement contributions, personal use of company aircraft, and other perquisites.
Restricted Stock
Board Justification
In 2023, Kurt Sievers had 50,000 shares of restricted stock units (RSUs) vest. These RSUs were part of a long-term incentive plan granted in prior years, which vested based on continued service and company performance criteria.
Performance Metrics
The performance metrics for Kurt Sievers' compensation in 2023 included financial targets such as revenue growth and EBITDA, as well as non-financial metrics like sustainability achievements and innovation milestones.
Kurt Sievers
CEO of NXP Semiconductors
Education
Master's degree in Business Administration from the University of Mannheim
Field of Expertise
Business & Management
Sector of Economy
Technology
Born
January 1, 1965 - 60 years ago
CEO of NXP Semiconductors for
5 years 6 months (May 2020 - Present)
Previous Experience
Joined NXP in 1995, member of the executive management team since 2009, President since 2018
Other NXP Semiconductors CEOs
Holdings
Track Kurt Sievers's stock holdings and portfolio value over time.
Total Stock Sold
$28.77M
$28.77M
131,892 NXPI shares
What if they kept their stock?
If Kurt Sievers didn't sell their stock, today they would have:
Extra NXPI131,892 shares worth $29.79M.
This is 3.57% and $1.03M more than what they got when they sold the stock.
Insider Trading
Kurt Sievers's recent stock transactions, purchases, and sales filed with the SEC.
36,209 shares
NXPI
Nov 7, 2024
Received
$2.36M
NXPI at $275.75/share
Jun 10, 2024
Sale
$5.54M
NXPI at $252.06/share
Feb 27, 2024
Sale
$1.90M
NXPI at $218.16/share
Dec 11, 2023
Sale
100,378 shares
NXPI
Nov 6, 2023
Received
$4.67M
NXPI at $223.40/share
Aug 1, 2023
Sale
48,836 shares
NXPI
Nov 7, 2022
Received
$5.82M
NXPI at $225.00/share
Aug 27, 2021
Sale
204,080 shares
NXPI
Aug 2, 2021
Received
$6.91M
NXPI at $192.48/share
Feb 11, 2021
Sale
Rivals
Compare Kurt Sievers with competitor CEOs and industry peers.
Steve Sanghi
CEO of Microchip Technology
2021 Compensation
Stock
$3.74M
Salary
$484.88K
Bonus
$38.13K
Other
$18.27K
Total Holdings
$1.64B
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
Richard K. Templeton
CEO of Texas Instruments
2024 Compensation
Stock
$8.07M
Salary
$600.00K
Bonus
$1.00M
Other
$119.64K
Total Holdings
$8.74M
John T.C. Lee
CEO of MKS Instruments
2023 Compensation
Stock
$0.00
Salary
$950.00K
Bonus
$1.02M
Other
$35.29K
Total Holdings
$12.86M