Synopsys reports 2018 executive compensation
CEO Chi-Foon Chan receives $7.4M
Synopsys reported fiscal year 2018 executive compensation information on February 15, 2019.
In 2018, five Synopsys executives received on average a compensation package of $4,722,446, a 15% increase compared to previous year.Average pay of disclosed executives at Synopsys
Chi-Foon Chan, Chief Executive Officer, received $7,433,124 in total, which increased by 12% compared to 2017. 32.21% of Chan's compensation, or $2,394,000, was in non-equity incentive plan. Chan also received $2,249,998 in option awards, $535,100 in salary, $2,249,988 in stock awards, as well as $4,038 in other compensation.
For fiscal year 2018, the median employee pay was $92,995 at Synopsys. Therefore, the ratio of Chi-Foon Chan's pay to the median employee pay was 80 to one.
Aart J. de Geus, Chief Executive Officer, received a compensation package of $7,432,836, which increased by 12% compared to previous year. 32.21% of the compensation package, or $2,394,000, was in non-equity incentive plan.
Joseph W. Logan, Sales and Corporate Marketing Officer, earned $3,772,538 in 2018, a 2% increase compared to previous year.
Trac Pham, Chief Financial Officer, received $3,315,020 in 2018, which increases by 22% compared to 2017.
John F. Runkel, Jr, General Counsel, earned $1,658,710 in 2018, a 9% increase compared to previous year.
Synopsys' fiscal year ends on October 31.