In 2021, Steve Sanghi earned $4.28M in total compensation at Microchip Technology, including $484.88K salary, $38.13K bonus and $3.74M in stock. Most recently sold 36,443 shares in Mar 2024. Currently holds stock worth $336.04M. Has donated $782.31M in stock to charitable causes. 1+ years at the helm of Microchip Technology.
Compensation History
Annual executive compensation data for Steve Sanghi, including salary, bonuses, and stock awards.
Year
2021
Total Compensation
$4.28M
Salary
$484.88K
Bonus
$38.13K
Other
$18.27K
Salary
$484.88KBoard Justification
Microchip's compensation philosophy is based on a pay-for-performance approach, aligning executive compensation with company performance and individual contributions.
Bonus
$38.13KBoard Justification
The bonus for Mr. Sanghi was calculated based on a percentage of his salary under the Management Incentive Compensation Plan (MICP), which was set at 120% of his salary for the fiscal year 2022.
Other Compensation
$18.27KBoard Justification
Other compensation includes company-matching contributions under the 401(k) retirement savings plan and life insurance premiums paid by Microchip for Mr. Sanghi.
Restricted Stock
Board Justification
The vested stock for Mr. Sanghi consists of RSUs that were granted in prior years and vested during fiscal 2022.
Performance Metrics
The performance metrics for the MICP included various financial targets based on Microchip's overall performance, including revenue growth and profitability.
Steve Sanghi
CEO of Microchip Technology
Education
B.S. in Electrical Engineering
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Technology
Born
January 1, 1960 - 65 years ago
CEO of Microchip Technology for
1 year 0 months (Nov 2024 - Present)
Previous Experience
Unknown
Other Microchip Technology CEOs
Holdings
Track Steve Sanghi's stock holdings and portfolio value over time.
Total Stock Sold
$137.23M
$137.23M
5,273,269 MCHP shares
What if they kept their stock?
If Steve Sanghi didn't sell their stock, today they would have:
Extra MCHP5,273,269 shares worth $341.29M.
This is 148.69% and $204.05M more than what they got when they sold the stock.
Charitable Transactions
12,087,566 shares
MCHP
Recent Charitable Transactions
$431.44K
MCHP at $45.81/share
Feb 13, 2014
Charity
$705.84K
MCHP at $44.17/share
Jan 2, 2014
Charity
0 shares
MCHP
Feb 24, 2012
Charity
57,250 shares
MCHP
Feb 21, 2012
Charity
2,924,179 shares
MCHP
Feb 15, 2012
Charity
2,924,179 shares
MCHP
Feb 15, 2012
Charity
Insider Trading
Steve Sanghi's recent stock transactions, purchases, and sales filed with the SEC.
$3.40M
MCHP at $93.40/share
Mar 7, 2024
Sale
$21.25K
MCHP at $55.19/share
Mar 1, 2023
Received
$21.29K
MCHP at $40.47/share
Mar 1, 2022
Received
$3.83M
MCHP at $84.47/share
Dec 22, 2021
Sale
$3.62M
MCHP at $87.14/share
Dec 16, 2021
Sale
$3.91M
MCHP at $86.71/share
Dec 9, 2021
Sale
$7.91M
MCHP at $83.90/share
Dec 1, 2021
Sale
$21.77K
MCHP at $80.94/share
Mar 1, 2021
Received
$21.29K
MCHP at $72.16/share
Mar 1, 2020
Received
$20.49K
MCHP at $73.18/share
Mar 1, 2019
Received
Rivals
Compare Steve Sanghi 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
CEO of Monolithic Power Systems
2023 Compensation
Stock
$0.00
Salary
$831.60K
Bonus
$1.51M
Other
$0.00
Total Holdings
$9.05M
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
Stephen G. Daly
CEO of MACOM Technology Solutions
2023 Compensation
Stock
$29.21M
Salary
$725.00K
Bonus
$101.50K
Other
$10.26K
Total Holdings
$24.48M