Alexander KarpAlexander Karp earned $1B in 2024

In 2021, Steven M. Mollenkopf earned $6.47M in total compensation at Qualcomm, including $150.00K salary and $3.82M bonus. Most recently acquired 2,801 shares in Sep 2024. Currently holds stock worth $144.35M. Led Qualcomm as CEO for 7 years.

Compensation History

Annual executive compensation data for Steven M. Mollenkopf, including salary, bonuses, and stock awards.

Year

2021

Total Compensation

$6.47M

Salary

$150.00K

Bonus

$3.82M

Other

$2.50M

Salary

$150.00K

Board Justification

The compensation philosophy aims to attract, retain, and motivate top executive talent while aligning their interests with stockholders through performance-based incentives.

Bonus

$3.82M

Board Justification

The bonus was based on the Annual Cash Incentive Plan (ACIP) performance metrics, which included financial and non-financial objectives, resulting in a payout of 149% of target due to strong company performance in fiscal 2021.

Other Compensation

$2.50M

Board Justification

Other compensation includes contributions to charitable organizations made on behalf of Mr. Mollenkopf in honor of his retirement as CEO, legal fees related to his Special Advisor Employment Agreement, and insurance premiums.

Restricted Stock

$0.000 N/A

Board Justification

No stock awards were granted to Mr. Mollenkopf for fiscal 2021 as he transitioned to a Special Advisor role and was not eligible for annual equity awards.

Performance Metrics

The performance metrics for the ACIP included Adjusted Revenues, Adjusted Operating Income, and human capital advancements, which were all above target for fiscal 2021.

Q

Steven M. Mollenkopf

Ex-CEO of Qualcomm

Education

B.S. in Electrical Engineering from Virginia Tech

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

March 27, 1968 - 57 years ago

CEO of Qualcomm for

7 years 3 months (Mar 2014 - Jun 2021)

Previous Experience

President and COO at Qualcomm

Holdings

Track Steven M. Mollenkopf's stock holdings and portfolio value over time.

Total Stock Sold

$94.11M

QCOM

$94.11M

1,418,909 QCOM shares

What if they kept their stock?

If Steven M. Mollenkopf didn't sell their stock, today they would have:
Extra QCOM1,418,909 shares worth $248.04M.
This is 163.56% and $153.93M more than what they got when they sold the stock.

Insider Trading

Steven M. Mollenkopf's recent stock transactions, purchases, and sales filed with the SEC.

DELL

2,801 shares

DELL

Sep 18, 2024

Received

DELL

4,743 shares

DELL

Sep 28, 2023

Received

QCOM

322,310 shares

QCOM

Dec 6, 2020

Received

QCOM

$20.52M

QCOM at $93.66/share

Jul 13, 2020

Sale

QCOM

187,590 shares

QCOM

Dec 8, 2019

Received

QCOM

40,794 shares

QCOM

May 6, 2019

Received

Rivals

Compare Steven M. Mollenkopf with competitor CEOs and industry peers.