Monolithic Power Systems CEO Michael Hsing's 2021 pay jumps 38% to $20M
Monolithic Power Systems reports 2021 executive compensation
By ExecPay News
Published: May 2, 2022
Monolithic Power Systems reported fiscal year 2021 executive compensation information on May 2, 2022.
In 2021, five executives at Monolithic Power Systems received on average a compensation package of $9.8M, a 56% increase compared to previous year.
Average pay of disclosed executives at Monolithic Power Systems
Michael R. Hsing, Chief Executive Officer, received $20M in total, which increased by 38% compared to 2020. 68% of Hsing's compensation, or $14M, was in stock awards. Hsing also received $5.8M in non-equity incentive plan and $712K in salary.
For fiscal year 2021, the median employee pay was $48,913 at Monolithic Power Systems. Therefore, the ratio of Michael R. Hsing's pay to the median employee pay was 414 to one.
Deming Xiao, President of Asia Operations, received a compensation package of $7.7M, which increased by 70% compared to previous year. 55% of the compensation package, or $4.2M, was in stock awards.
Maurice Sciammas, Senior Vice President, Worldwide Sales and Marketing, earned $7.7M in 2021, a 70% increase compared to previous year.
Saria Tseng, General Counsel, received $7.7M in 2021, which increases by 70% compared to 2020.
Bernie Blegen, Chief Financial Officer, earned $5.9M in 2021, a 81% increase compared to previous year.
Related executives
Michael Hsing
Monolithic Power Systems
Chief Executive Officer
Bernie Blegen
Monolithic Power Systems
Chief Financial Officer
Deming Xiao
Monolithic Power Systems
President of Asia Operations
Maurice Sciammas
Monolithic Power Systems
Senior Vice President, Worldwide Sales and Marketing
Saria Tseng
Monolithic Power Systems
General Counsel
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Source: SEC filing on May 2, 2022.