Silicon Laboratories reports 2018 executive compensation
CEO G. Tyson Tuttle receives $6.1M
Silicon Laboratories reported fiscal year 2018 executive compensation information on March 7, 2019.
In 2018, five executives at Silicon Laboratories received on average a compensation package of $2,942,298, a 4% decrease compared to previous year.Average pay of disclosed executives at Silicon Laboratories
G. Tyson Tuttle, Chief Executive Officer, received $6,077,880 in total, which decreased by 12% compared to 2017. 77.84% of Tuttle's compensation, or $4,730,774, was in stock awards. Tuttle also received $692,764 in non-equity incentive plan, $648,147 in salary, as well as $6,194 in other compensation.
For fiscal year 2018, the median employee pay was $151,356 at Silicon Laboratories. Therefore, the ratio of G. Tyson Tuttle's pay to the median employee pay was 40 to one.
John C. Hollister, Chief Financial Officer, received a compensation package of $2,481,409, which increased by 2% compared to previous year. 70.99% of the compensation package, or $1,761,489, was in stock awards.
Brandon Tolany, Senior Vice President of Worldwide Sales, earned $2,333,086 in 2018, a 4% decrease compared to previous year.
Alessandro Piovaccari, Chief Technology Officer, received $2,019,238 in 2018, which increases by 12% compared to 2017.
Sandeep P. Kumar, Senior Vice President of Worldwide Operations, earned $1,799,877 in 2018, a 4% increase compared to previous year.
Silicon Laboratories' fiscal year ends on December 29.