Silicon Laboratories CEO Necip Sayiner's 2007 pay rises 20% to $3.9M

Silicon Laboratories reports 2007 executive compensation

By ExecPay News

Published: March 14, 2008

Silicon Laboratories reported fiscal year 2007 executive compensation information on March 14, 2008.
In 2007, six executives at Silicon Laboratories received on average a compensation package of $1.7M, a 70% increase compared to previous year.
Average pay of disclosed executives at Silicon Laboratories
Necip Sayiner, Chief Executive Officer, received $3.9M in total, which increased by 20% compared to 2006. 39% of Sayiner's compensation, or $1.5M, was in stock awards. Sayiner also received $549K in non-equity incentive plan, $1.3M in option awards, $470K in salary, as well as $5.6K in other compensation.
Kurt W. Hoff, Vice President of Worldwide Sales, received a compensation package of $2.4M. 49% of the compensation package, or $1.2M, was in stock awards.
Gary R. Gay, Former Senior Vice President of Worldwide Sales, earned $1.1M in 2007, a 44% increase compared to previous year.
Jonathan D. Ivester, Senior Vice President of Worldwide Operations, received $1.1M in 2007, which increases by 43% compared to 2006.
William G. Bock, Chief Financial Officer, earned $1.1M in 2007, a 351% increase compared to previous year.
Paul V. Walsh, Jr, Chief Accounting Officer, received $615K in 2007, which increases by 44% compared to 2006.
Silicon Laboratories' fiscal year ends on January 1.

Related executives

Gary Gay

Silicon Laboratories

Former Senior Vice President of Worldwide Sales

Necip Sayiner

Silicon Laboratories

Chief Executive Officer

William Bock

Silicon Laboratories

Former President and Director

Kurt Hoff

Silicon Laboratories

Senior Vice President of Worldwide Sales

Jonathan Ivester

Silicon Laboratories

Senior Vice President of Strategic Operations

Paul Walsh

Silicon Laboratories

Chief Accounting Officer

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Source: SEC filing on March 14, 2008.