Allegro MicroSystems Management
Management criteria checks 2/4
Allegro MicroSystems' CEO is Vineet Nargolwala, appointed in Jun 2022, has a tenure of 2.42 years. total yearly compensation is $7.00M, comprised of 9.4% salary and 90.6% bonuses, including company stock and options. directly owns 0.087% of the company’s shares, worth €3.26M. The average tenure of the management team and the board of directors is 2.8 years and 3 years respectively.
Key information
Vineet Nargolwala
Chief executive officer
US$7.0m
Total compensation
| CEO salary percentage | 9.4% |
| CEO tenure | 2.4yrs |
| CEO ownership | 0.09% |
| Management average tenure | 2.8yrs |
| Board average tenure | 3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 27 2024 | n/a | n/a | -US$25m |
| Jun 28 2024 | n/a | n/a | US$74m |
| Mar 29 2024 | US$7m | US$659k | US$153m |
| 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$187m |
Compensation vs Market: Vineet's total compensation ($USD7.00M) is above average for companies of similar size in the German market ($USD1.90M).
Compensation vs Earnings: Insufficient data to compare Vineet's compensation with company performance.
CEO
Vineet Nargolwala (51 yo)
2.4yrs
Tenure
US$7,001,603
Compensation
Mr. Vineet A. Nargolwala serves as President & CEO at Allegro MicroSystems, LLC. He served as Executive Vice President of Sensing Solutions of Sensata Technologies Holding PLC (formerly known as Sensata Te...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.4yrs | US$7.00m | 0.087% € 3.3m | |
| Executive VP | 2.8yrs | US$2.84m | 0.029% € 1.1m | |
| Senior VP & CTO | 5.8yrs | US$2.28m | 0.17% € 6.3m | |
| Senior VP | 2.9yrs | US$1.84m | 0.020% € 747.5k | |
| Senior Vice President of Worldwide Sales | 5.3yrs | US$2.17m | 0.088% € 3.3m | |
| Manager of Business Performance & Director | 18.8yrs | no data | no data | |
| VP & Chief Accounting Officer | 1.7yrs | no data | 0.0017% € 63.1k | |
| Vice President of IR & Corporate Communications | no data | no data | no data | |
| Senior VP & Chief Human Resources Officer | less than a year | no data | no data | |
| Senior Vice President of Products | 2.2yrs | no data | 0.067% € 2.5m |
2.8yrs
Average Tenure
50yo
Average Age
Experienced Management: 6V5's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.4yrs | US$7.00m | 0.087% € 3.3m | |
| Manager of Business Performance & Director | 2.4yrs | no data | no data | |
| Independent Director | 7.8yrs | US$283.91k | 0.012% € 454.3k | |
| Independent Director | 3.5yrs | US$260.02k | 0.011% € 403.4k | |
| Independent Director | 1.1yrs | US$181.64k | 0.0025% € 94.9k | |
| Independent Director | 7.8yrs | no data | 0.0018% € 67.6k | |
| Independent Director | 17.3yrs | US$263.52k | 0.013% € 467.0k | |
| Independent Director | 3yrs | US$255.02k | 0.0091% € 339.2k | |
| Chairman of the Board | 6.8yrs | US$266.11k | 0.11% € 4.1m | |
| Director | 2.4yrs | no data | no data | |
| Independent Director | less than a year | no data | 0.0012% € 44.1k |
3.0yrs
Average Tenure
62yo
Average Age
Experienced Board: 6V5's board of directors are considered experienced (3 years average tenure).