Allegro MicroSystems Management
Management criteria checks 1/4
Allegro MicroSystems' CEO is Vineet Nargolwala, appointed in Jun 2022, has a tenure of 1.92 years. total yearly compensation is $10.13M, comprised of 4.8% salary and 95.2% bonuses, including company stock and options. directly owns 0.042% of the company’s shares, worth €2.27M. The average tenure of the management team and the board of directors is 2.4 years and 2.8 years respectively.
Key information
Vineet Nargolwala
Chief executive officer
US$10.1m
Total compensation
| CEO salary percentage | 4.8% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.04% |
| Management average tenure | 2.4yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 29 2023 | n/a | n/a | US$222m |
| Sep 29 2023 | n/a | n/a | US$253m |
| Jun 30 2023 | n/a | n/a | US$238m |
| Mar 31 2023 | US$10m | US$485k | US$187m |
Compensation vs Market: Vineet's total compensation ($USD10.13M) is above average for companies of similar size in the German market ($USD3.29M).
Compensation vs Earnings: Insufficient data to compare Vineet's compensation with company performance.
CEO
Vineet Nargolwala (50 yo)
1.9yrs
Tenure
US$10,128,514
Compensation
Mr. Vineet A. Nargolwala served as Executive Vice President of Sensing Solutions of Sensata Technologies Holding PLC (formerly known as Sensata Technologies Holding NV) since March 2020 until May 2022 and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.9yrs | US$10.13m | 0.042% $ 2.3m | |
| Senior VP | 2.3yrs | US$4.17m | 0.020% $ 1.1m | |
| Senior VP & CTO | 5.3yrs | US$2.71m | 0.14% $ 7.4m | |
| Senior VP & General Counsel | 2.4yrs | US$3.42m | 0.013% $ 716.7k | |
| Senior Vice President of Global Sales | 4.8yrs | US$2.86m | 0.064% $ 3.4m | |
| Manager of Business Performance & Director | 18.3yrs | US$148.01k | no data | |
| Senior Vice President of Global Operations | 1.1yrs | no data | no data | |
| VP & Chief Accounting Officer | 1.2yrs | no data | no data | |
| Vice President of IR & Corporate Communications | no data | no data | no data | |
| Senior VP & Chief Human Resources Officer | 3.3yrs | no data | 0.066% $ 3.5m | |
| Senior Vice President of Global Products | 1.7yrs | no data | 0.037% $ 2.0m |
2.4yrs
Average Tenure
50yo
Average Age
Experienced Management: 6V5's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.9yrs | US$10.13m | 0.042% $ 2.3m | |
| Manager of Business Performance & Director | 1.9yrs | US$148.01k | no data | |
| Independent Director | 7.3yrs | US$273.33k | 0.0096% $ 516.1k | |
| Independent Director | 3yrs | US$260.02k | 0.0083% $ 446.2k | |
| Independent Director | 7.3yrs | no data | no data | |
| Independent Director | 16.8yrs | US$263.52k | 0.014% $ 769.9k | |
| Independent Director | 2.5yrs | US$255.02k | 0.0067% $ 358.6k | |
| Chairman of the Board | 6.3yrs | US$266.11k | 0.10% $ 5.5m | |
| Independent Director | 7.3yrs | no data | no data | |
| Director | 1.9yrs | no data | no data | |
| Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data |
2.8yrs
Average Tenure
61yo
Average Age
Experienced Board: 6V5's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.