QuickLogic CEO Brian Faith's 2019 pay falls 67% to $300K
QuickLogic reports 2019 executive compensation
By ExecPay News
Published: March 13, 2020
QuickLogic reported fiscal year 2019 executive compensation information on March 13, 2020.
In 2019, three QuickLogic executives received on average a compensation package of $246K, a 62% decrease compared to previous year.
Average pay of disclosed executives at QuickLogic
Brian C. Faith, Chief Executive Officer, received $300K in total, which decreased by 67% compared to 2018. 100% of Faith's compensation, or $300K, was in salary.
For fiscal year 2019, the median employee pay was $123,018 at QuickLogic. Therefore, the ratio of Brian C. Faith's pay to the median employee pay was 2 to one.
Timothy Saxe, Chief Technology Officer, received a compensation package of $224K, which decreased by 57% compared to previous year. 96% of the compensation package, or $215K, was in salary.
Suping Sue Cheung, Chief Financial Officer, earned $215K in 2019, a 59% decrease compared to previous year.
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Source: SEC filing on March 13, 2020.