Qorvo CEO Robert Bruggeworth's 2022 pay rises 3% to $10M
Qorvo reports 2022 executive compensation
By ExecPay News
Published: June 27, 2022
Qorvo reported fiscal year 2022 executive compensation information on June 27, 2022.
In 2022, five Qorvo executives received on average a compensation package of $4.8M, a 9% increase compared to previous year.
Average pay of disclosed executives at Qorvo
Robert A. Bruggeworth, Chief Executive Officer, received $10M in total, which increased by 3% compared to 2021. 76% of Bruggeworth's compensation, or $7.6M, was in stock awards. Bruggeworth also received $1.5M in non-equity incentive plan, $920K in salary, as well as $11K in other compensation.
For fiscal year 2022, the median employee pay was $57,510 at Qorvo. Therefore, the ratio of Robert A. Bruggeworth's pay to the median employee pay was 175 to one.
Mark J. Murphy, Chief Financial Officer, received a compensation package of $4.1M, which increased by 22% compared to previous year. 74% of the compensation package, or $3M, was in stock awards.
Steven E. Creviston, Corporate Vice President and President of Mobile Products, earned $3.3M in 2022, a 1% increase compared to previous year.
Philip J. Chesley, Corporate Vice President and President of Infrastructure and Defense Products, received $3.3M in 2022.
Paul J. Fego, Corporate Vice President of Global Operations, earned $3.2M in 2022, a 17% increase compared to previous year.
Qorvo's fiscal year ends on April 2.
Related executives
Robert Bruggeworth
Qorvo
Chief Executive Officer
Mark Murphy
Qorvo
Chief Financial Officer
Philip Chesley
Qorvo
Corporate Vice President and President of Infrastructure and Defense Products
Steven Creviston
Qorvo
Corporate Vice President and President of Mobile Products
Paul Fego
Qorvo
Corporate Vice President of Global Operations
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Source: SEC filing on June 27, 2022.