Steve Sanghi
2020
In 2020, Steve Sanghi earned a total compensation of $6.9M as CEO and Chairman of the Board at Microchip Technology, a 46% decrease compared to previous year.
Compensation breakdown
| Bonus | $21,571 |
|---|---|
| Non-Equity Incentive Plan | $906,713 |
| Salary | $811,046 |
| Stock Awards | $5,135,465 |
| Other | $8,586 |
| Total | $6,883,381 |
Sanghi received $5.1M in stock awards, accounting for 75% of the total pay in 2020.
Sanghi also received $21.6K in bonus, $906.7K in non-equity incentive plan, $811K in salary and $8.6K in other compensation.
Rankings
In 2020, Steve Sanghi's compensation ranked 1,425th out of 13,090 executives tracked by ExecPay. In other words, Sanghi earned more than 89.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,425 out of 13,090 | 89th |
Division Manufacturing | 527 out of 5,617 | 91st |
Major group Electronic And Other Electrical Equipment And Components, Except Computer Equipment | 71 out of 731 | 90th |
Industry group Electronic Components And Accessories | 45 out of 370 | 88th |
Industry Semiconductors and Related Devices | 35 out of 256 | 86th |
Pay ratio
| Steve Sanghi's Pay | $6,883,381 |
|---|---|
| Median Employee's Pay | $43,782 |
| Pay Ratio | 157to 1 |
In 2020, the annual total compensation of Steve Sanghi was $6,883,381.
The annual total compensation of the median employee at Microchip Technology was $43,782.
The ratio of Steve Sanghi's pay to the pay of median employee was therefore 157 to one.
Source: SEC filing on July 14, 2020.
Sanghi's colleagues
We found four more compensation records of executives who worked with Steve Sanghi at Microchip Technology in 2020.