ALLEGRO MICROSYSTEMS CEO Ravi Vig's 2022 pay jumps 80% to $11M
ALLEGRO MICROSYSTEMS reports 2022 executive compensation
By ExecPay News
Published: June 22, 2022
ALLEGRO MICROSYSTEMS reported fiscal year 2022 executive compensation information on June 22, 2022.
In 2022, seven executives at ALLEGRO MICROSYSTEMS received on average a compensation package of $5.3M, a 55% increase compared to previous year.
Average pay of disclosed executives at ALLEGRO MICROSYSTEMS
Ravi Vig, Chief Executive Officer, received $11M in total, which increased by 80% compared to 2021. 80% of Vig's compensation, or $9M, was in stock awards. Vig also received $1.5M in non-equity incentive plan, $620K in salary, as well as $67K in other compensation.
For fiscal year 2022, the median employee pay was $8,948 at ALLEGRO MICROSYSTEMS. Therefore, the ratio of Ravi Vig's pay to the median employee pay was 1,251 to one.
Paul V. Walsh, Jr, Chief Financial Officer, received a compensation package of $9.6M, which increased by 326% compared to previous year. 91% of the compensation package, or $8.7M, was in stock awards.
Christopher E. Brown, General Counsel, earned $5.9M in 2022.
Michael C. Doogue, Sr. VP, Technology and Products, received $2.9M in 2022, which increases by 68% compared to 2021.
Thomas C. Teebagy, Jr, Sr. VP of Operations and Quality, earned $2.7M in 2022.
Max R. Glover, Sr. VP of Worldwide Sales, received $2.7M in 2022.
Derek P. D'Antilio, Chief Financial Officer, earned $1.8M in 2022.
ALLEGRO MICROSYSTEMS' fiscal year ends on March 25.
Related executives
Ravi Vig
ALLEGRO MICROSYSTEMS
Chief Executive Officer
Derek D'Antilio
ALLEGRO MICROSYSTEMS
Chief Financial Officer
Michael Doogue
ALLEGRO MICROSYSTEMS
Sr. VP, Technology and Products
Max Glover
ALLEGRO MICROSYSTEMS
Sr. VP of Worldwide Sales
Thomas Teebagy
ALLEGRO MICROSYSTEMS
Sr. VP of Operations and Quality
Paul Walsh
ALLEGRO MICROSYSTEMS
Chief Financial Officer
Christopher Brown
ALLEGRO MICROSYSTEMS
General Counsel
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Source: SEC filing on June 22, 2022.