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Richard Bergman was the CEO of Synaptics, a global leader in human interface solutions, known for innovations in touch technology. He holds a Bachelor's degree in Electrical Engineering and brings deep expertise in the engineering field to his leadership role....

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Richard Bergman

Ex-CEO of Synaptics

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

CEO of Synaptics for

5 years 4 months (Oct 2013 - Mar 2019)

Previous Experience

Unknown

Holdings

See how much did Richard Bergman make over time.

During his tenure at Synaptics, Richard Bergman built up a significant portfolio in company stock, aligning his financial success with the company's performance. By 2019, he had earned a total compensation package valued at over $1.5 million, which reflected both...

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Total Stock Sold

$31.74M

SYNA

$28.85M

463,000 SYNA shares

AMD

$2.89M

88,768 AMD shares

What if they kept their stock?

If Richard Bergman didn't sell their stock, today they would have:
Extra SYNA463,000 shares worth $28.03M and AMD88,768 shares worth $4.74M.
This is 3.24% and $1.03M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Richard Bergman.

AMD

$257.64K

AMD at $85.88/share

Feb 9, 2023

Sale

AMD

$225.66K

AMD at $75.22/share

Nov 14, 2022

Sale

AMD

$277.17K

AMD at $92.39/share

Aug 23, 2022

Sale

AMD

$195.88K

AMD at $97.94/share

May 17, 2022

Sale

AMD

$234.24K

AMD at $117.12/share

Feb 15, 2022

Sale

AMD

$308.00K

AMD at $154.00/share

Nov 9, 2021

Sale

AMD

$218.86K

AMD at $109.43/share

Aug 24, 2021

Sale

AMD

$163.94K

AMD at $81.97/share

May 3, 2021

Sale

AMD

$176.58K

AMD at $88.29/share

Feb 4, 2021

Sale

AMD

$149.76K

AMD at $74.88/share

Nov 3, 2020

Sale

Compensation History

See how much did Richard Bergman make over time.

Richard Bergman's compensation package at Synaptics was structured to reward performance and align his interests with the company's financial success. For instance, in 2019, he received $700,000 as a salary along with a challenging bonus of $851,220, which reflected a funding score of 108% based on the company's performance metrics. This shift toward performance-based pay became a hallmark of his leadership style, as he aimed to motivate executives and employees alike through tangible rewards for success. Prior years also included significant vested stocks, but 2019 marked a concerted focus on cash bonuses instead of stock grants, illustrating the company’s emphasis on immediate results. His approach to compensation was designed to not only attract top talent but to drive a culture where executive actions translate directly into shareholder value.

Year

2019

Total Compensation

$1.55M

Salary

$700.00K

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with the company's financial performance and stockholder value.

Bonus

$851.22K

Board Justification

The annual performance-based cash bonus for fiscal 2020 was based on the achievement of objective financial performance metrics, resulting in a funding score of 108%.

Other

$0.00

Board Justification

No additional compensation was reported for 2019.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2019 as the focus was on performance-based compensation.

Performance Metrics

The performance metrics for the fiscal 2020 bonus included revenue, non-GAAP gross margin, and non-GAAP operating profit.