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Thomas J. Tiernan became the CEO of Synaptics on July 28, 2009, after serving as President and Chief Operating Officer since 2008. With a solid background in engineering, he holds a Bachelor's Degree in Electrical Engineering from California State Polytechnic...

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Thomas J. Tiernan

Ex-CEO of Synaptics

Education

Bachelor's Degree in Electrical Engineering from California State Polytechnic University and a Masters of Science in Computer Engineering from Santa Clara University.

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

CEO of Synaptics for

4 years 2 months (Jul 2009 - Oct 2013)

Previous Experience

Vice President and General Manager of Symbol Technologies' Mobile Computing Division, various management and executive positions at Hewlett-Packard.

Holdings

See how much did Thomas J. Tiernan make over time.

As of recent reports, Thomas J. Tiernan's holdings in Synaptics show significant fluctuations in value. At one point, his stock options granted included 150,000 shares at an exercise price of $34.01 per share, reflecting a calculated value of about $2.52...

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Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Thomas J. Tiernan make over time.

In 2009, Thomas J. Tiernan earned a total compensation of $2.45 million as CEO of Synaptics. This included a base salary of $350,000 and a performance bonus that made up the bulk of his earnings due to the achievement of company goals and specific performance metrics. His bonus payout was approximately 86% of the target for that fiscal year, indicating a strong performance. Notably, he received no vested stock in that year, as the focus was primarily on cash compensation and performance-based bonuses. The structure of his compensation reflects an approach aimed at aligning executive pay with company performance, providing incentives that encourage a focus on Synaptics’ long-term growth.

Year

2009

Total Compensation

$641.05K

Salary

$350.00K

Board Justification

The compensation philosophy is designed to attract, motivate, and retain highly qualified executives, aligning their interests with those of stockholders through performance-based incentives.

Bonus

$286.95K

Board Justification

The bonus payout was based on the achievement of company performance objectives and individual performance goals, resulting in an 86% payout of the target bonus for the year.

Other

$4.09K

Board Justification

This amount includes matching contributions to the company's 401(k) plan and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2009 as the focus is on cash compensation and performance-based bonuses.

Performance Metrics

The performance metrics include achieving specified levels of operating profit and individual performance goals.