Microchip Technology CEO Steve Sanghi's 2018 pay rises 8% to $7.9M
Microchip Technology reports 2018 executive compensation
By ExecPay News
Published: July 12, 2018
Microchip Technology reported fiscal year 2018 executive compensation information on July 12, 2018.
In 2018, five executives at Microchip Technology received on average a compensation package of $3.1M, a 4% increase compared to previous year.
Average pay of disclosed executives at Microchip Technology
Steve Sanghi, Chief Executive Officer, received $7.9M in total, which increased by 8% compared to 2017. 57% of Sanghi's compensation, or $4.5M, was in stock awards. Sanghi also received $48K in bonus, $2.6M in non-equity incentive plan, $740K in salary, as well as $8.9K in other compensation.
Ganesh Moorthy, Chief Operating Officer, received a compensation package of $3.3M, which decreased by 6% compared to previous year. 68% of the compensation package, or $2.3M, was in stock awards.
Stephen V. Drehobl, VP, MCU8 and Technology Development Division, earned $1.5M in 2018, a 7% increase compared to previous year.
Mitchell R. Little, VP, Worldwide Sales and Applications, received $1.5M in 2018, which increases by 6% compared to 2017.
J. Eric Bjornholt, Chief Financial Officer, earned $1.1M in 2018, a 7% increase compared to previous year.
Microchip Technology's fiscal year ends on March 31.
Related executives
Steve Sanghi
Microchip Technology
Chief Executive Officer
Ganesh Moorthy
Microchip Technology
Chief Operating Officer
Stephen Drehobl
Microchip Technology
Senior VP, MCU8 and MCU16 Business Units
Mitchell Little
Microchip Technology
Senior VP, Worldwide Client Engagement
J Bjornholt
Microchip Technology
Chief Financial Officer
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Source: SEC filing on July 12, 2018.