MACOM reports 2018 executive compensation

CEO John Croteau receives $5.1M

MACOM reported fiscal year 2018 executive compensation information on January 16, 2019.

In 2018, five MACOM executives received on average a compensation package of $2,581,039, a 13% decrease compared to previous year.

Average pay of disclosed executives at MACOM

John Croteau, Chief Executive Officer, received $5,079,356 in total, which increased by 20% compared to 2017. 61.34% of Croteau's compensation, or $3,115,880, was in option awards. Croteau also received $672,583 in salary, $1,281,350 in stock awards, as well as $9,543 in other compensation.

Vivek Rajgarhia, Senior Vice President and General Manager, Lightwave, received a compensation package of $2,527,365. 67.33% of the compensation package, or $1,701,695, was in stock awards.

Preetinder Virk, Senior Vice President and General Manager, Networks, earned $2,480,745 in 2018, a 89% increase compared to previous year.

Robert McMullan, Chief Financial Officer, received $1,629,746 in 2018, which increases by 2% compared to 2017.

Robert Dennehy, Senior Vice President, Operations, earned $1,187,984 in 2018, a 13% decrease compared to previous year.

MACOM's fiscal year ends on September 30.