Synopsys CEO Chi-Foon Chan's 2019 pay jumps 30% to $9.6M
Synopsys reports 2019 executive compensation
By ExecPay News
Published: February 18, 2020
Synopsys reported fiscal year 2019 executive compensation information on February 18, 2020.
In 2019, five Synopsys executives received on average a compensation package of $6.2M, a 32% increase compared to previous year.
Average pay of disclosed executives at Synopsys
Chi-Foon Chan, Chief Executive Officer, received $9.6M in total, which increased by 30% compared to 2018. 58% of Chan's compensation, or $5.6M, was in stock awards. Chan also received $1.3M in non-equity incentive plan, $2.2M in option awards, $540K in salary, as well as $4.8K in other compensation.
For fiscal year 2019, the median employee pay was $89,083 at Synopsys. Therefore, the ratio of Chi-Foon Chan's pay to the median employee pay was 108 to one.
Aart J. de Geus, Chief Executive Officer, received a compensation package of $9.6M, which increased by 30% compared to previous year. 58% of the compensation package, or $5.6M, was in stock awards.
Trac Pham, Chief Financial Officer, earned $5M in 2019, a 50% increase compared to previous year.
Joseph W. Logan, Sales and Corporate Marketing Officer, received $4.6M in 2019, which increases by 23% compared to 2018.
John F. Runkel, Jr, General Counsel, earned $2.2M in 2019, a 32% increase compared to previous year.
Synopsys' fiscal year ends on October 31.
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Source: SEC filing on February 18, 2020.