Onto Innovation Management

Management criteria checks 4/4

Onto Innovation's CEO is Mike Plisinski, appointed in Oct 2019, has a tenure of 4.58 years. total yearly compensation is $5.65M, comprised of 12.3% salary and 87.7% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth €41.89M. The average tenure of the management team and the board of directors is 2.5 years and 8.5 years respectively.

Key information

Mike Plisinski

Chief executive officer

US$5.6m

Total compensation

CEO salary percentage	12.3%
CEO tenure	4.6yrs
CEO ownership	0.4%
Management average tenure	2.5yrs
Board average tenure	8.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Plisinski's remuneration changed compared to Onto Innovation's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 30 2024	n/a	n/a	US$139m
Dec 30 2023	n/a	n/a	US$121m
Sep 30 2023	n/a	n/a	US$157m
Jul 01 2023	n/a	n/a	US$173m
Apr 01 2023	n/a	n/a	US$199m
Dec 31 2022	US$5m	US$635k	US$223m
Oct 01 2022	n/a	n/a	US$204m
Jul 02 2022	n/a	n/a	US$188m
Apr 02 2022	n/a	n/a	US$172m
Jan 01 2022	US$5m	US$639k	US$142m
Sep 25 2021	n/a	n/a	US$116m
Jun 26 2021	n/a	n/a	US$87m
Mar 27 2021	n/a	n/a	US$60m
Dec 26 2020	n/a	n/a	US$31m
Sep 26 2020	n/a	n/a	-US$7m
Jun 27 2020	n/a	n/a	-US$8m
Mar 28 2020	n/a	n/a	-US$10m
Dec 31 2019	US$2m	US$83k	US$2m
Sep 30 2019	n/a	n/a	US$28m
Jun 30 2019	n/a	n/a	US$28m
Mar 31 2019	n/a	n/a	US$38m
Dec 31 2018	US$2m	US$516k	US$45m
Sep 30 2018	n/a	n/a	US$36m
Jun 30 2018	n/a	n/a	US$46m
Mar 31 2018	n/a	n/a	US$41m
Dec 31 2017	US$2m	US$477k	US$33m

Compensation vs Market: Mike's total compensation ($USD5.65M) is about average for companies of similar size in the German market ($USD5.31M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.

CEO

Mike Plisinski (53 yo)

4.6yrs

Tenure

US$5,646,028

Compensation

Mr. Michael P. Plisinski, also known as Mike, is the Chief Executive Officer and Director of Onto Innovation Inc. since October 25, 2019. Mr. Plisinski served as Chief Executive Officer of Rudolph Technolo...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Plisinski	CEO & Director	4.6yrs	US$5.65m	0.41% $ 41.9m
Mark Slicer	Senior VP & CFO	2yrs	US$1.54m	0.011% $ 1.1m
Ramil Yaldaei	Chief Operating Officer	less than a year	US$956.01k	0.0057% $ 583.1k
Yoon Ah Oh	VP, General Counsel & Company Secretary	2.6yrs	US$1.65m	0.0087% $ 895.7k
Srinivas Vedula	Senior Vice President of Customer Success Group	2.7yrs	US$984.86k	0.038% $ 3.9m
Michael Sheaffer	Senior Director of Investor Relations & ESG Reporting	6.9yrs	no data	no data
Michel Rosa	Chief Marketing Officer & Senior VP of Strategy	2.3yrs	no data	no data
Robert Fiordalice	Senior VP & GM of Metrology Business Unit	2.3yrs	US$882.43k	0.018% $ 1.8m

2.5yrs

Average Tenure

52yo

Average Age

Experienced Management: NNM's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Plisinski	CEO & Director	8.5yrs	US$5.65m	0.41% $ 41.9m
Christine Tsingos	Independent Director	10yrs	US$290.40k	0.081% $ 8.3m
Leo Berlinghieri	Independent Director	15.8yrs	US$277.90k	0.035% $ 3.6m
David Miller	Independent Director	8.8yrs	US$275.40k	no data
Christopher Seams	Independent Chairman	8.8yrs	US$315.40k	0.066% $ 6.8m
Karen Rogge	Independent Director	2.7yrs	US$270.40k	0.0060% $ 613.9k
Susan Lynch	Independent Director	less than a year	no data	no data
May Su	Independent Director	2.2yrs	US$282.90k	0.0043% $ 436.6k
Stephen Kelley	Independent Director	1.3yrs	US$316.49k	0% $ 0

8.5yrs

Average Tenure

64yo

Average Age

Experienced Board: NNM's board of directors are considered experienced (8.5 years average tenure).

Onto Innovation Management

Management criteria checks 4/4

Key information

Recent management updates

Onto Innovation Inc., Annual General Meeting, May 22, 2024

Onto Innovation Inc. Appoints Susan Lynch to its Board of Directors

Insider recently sold €463k worth of stock

Insider recently sold €140k worth of stock

Onto Innovation Inc. Appoints Stephen D. Kelley to its Board of Directors

Onto Innovation Inc. Announces Executive Changes

Recent updates

Onto Innovation Inc. Provides Earnings Guidance for the Second Quarter Ending June 29, 2024

First quarter 2024 earnings released: EPS: US$0.95 (vs US$0.60 in 1Q 2023)

Onto Innovation Inc. Debuts Sub-Surface Defect Inspection for Advanced Packaging

New minor risk - Insider selling

Onto Innovation Inc. to Report Q1, 2024 Results on May 09, 2024

Onto Innovation Inc., Annual General Meeting, May 22, 2024

Onto Innovation Inc. Appoints Susan Lynch to its Board of Directors

Full year 2023 earnings released: EPS: US$2.47 (vs US$4.52 in FY 2022)

Full year 2023 earnings released: EPS: US$2.47 (vs US$4.52 in FY 2022)

Onto Innovation Inc. Provides Earnings Guidance for the First Quarter Ending March 30, 2024

Investor sentiment improves as stock rises 16%

Onto Innovation Inc. Announces Launch of the New Firefly G3 Inspection and Metrology System for Automated Process Control During High Volume Production of Panel-Level Subsidates

Onto Innovation Inc. to Report Q4, 2023 Results on Feb 08, 2024

Onto Innovation Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 30, 2023

Onto Innovation Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 30, 2023

Third quarter 2023 earnings released: EPS: US$0.73 (vs US$1.05 in 3Q 2022)

Investor sentiment deteriorates as stock falls 16%

Onto Innovation Inc.(NYSE:ONTO) dropped from S&P 600 Information Technology (Sector)

Onto Innovation Inc. to Report Q3, 2023 Results on Nov 09, 2023

Onto Innovation Inc. Provides Earnings Guidance for the Third Fiscal Quarter Ending September 30, 2023

Second quarter 2023 earnings released: EPS: US$0.53 (vs US$1.04 in 2Q 2022)

Onto Innovation Inc. to Report Q2, 2023 Results on Aug 10, 2023

Investor sentiment improves as stock rises 16%

Insider recently sold €463k worth of stock

Insider recently sold €140k worth of stock

Investor sentiment improves as stock rises 16%

First quarter 2023 earnings released: EPS: US$0.60 (vs US$1.08 in 1Q 2022)

Onto Innovation Inc. Provides Revenue Guidance for Second Quarter Ending July 1, 2023

Full year 2022 earnings released: EPS: US$4.52 (vs US$2.89 in FY 2021)

Onto Innovation Inc. Provides Earnings Guidance for the First Quarter Ending April 1, 2023

Onto Innovation Inc. Appoints Stephen D. Kelley to its Board of Directors

Onto Innovation Inc. to Report Q4, 2022 Results on Feb 09, 2023

Third quarter 2022 earnings released: EPS: US$1.05 (vs US$0.74 in 3Q 2021)

Third quarter 2022 earnings released: EPS: US$1.05 (vs US$0.74 in 3Q 2021)

Onto Innovation Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2022; Provides Revenue Guidance for the Year 2023

Investor sentiment deteriorated over the past week

Onto Innovation Inc. to Report Q3, 2022 Results on Oct 27, 2022

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS: US$1.04 (vs US$0.71 in 2Q 2021)

Onto Innovation Inc. Provides Earnings Guidance for the Third Quarter Ending October 1, 2022

Investor sentiment improved over the past week

Onto Innovation Announces New Echo™ System

Onto Innovation Inc. to Report Q2, 2022 Results on Aug 09, 2022

Now 21% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Now 20% undervalued after recent price drop

Onto Innovation Inc. Announces Its First Shipment of Dragonfly® G3 System with the New Eb40™ Module

Investor sentiment improved over the past week

Onto Innovation Inc. Announces Executive Changes

First quarter 2022 earnings released: EPS: US$1.08 (vs US$0.49 in 1Q 2021)

Onto Innovation Inc. Provides Earnings Guidance for the Fiscal Second Quarter Ending July 2, 2022

Onto Innovation Inc. to Report Q1, 2022 Results on May 03, 2022

Onto Innovation Inc., Annual General Meeting, May 10, 2022

Investor sentiment improved over the past week

Independent Director recently sold €4.8m worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Onto Innovation Inc. Provides Earnings Guidance for the First Quarter the Fiscal Period Ending April 2, 2022

Independent Director recently sold €2.0m worth of stock

Insider recently sold €497k worth of stock

Third quarter 2021 earnings released: EPS US$0.74 (vs US$0.17 in 3Q 2020)

Senior Vice President of Field Operations Rollin Kocher has left the company

Second quarter 2021 earnings released: EPS US$0.71 (vs US$0.15 in 2Q 2020)

Onto Innovation Inc. Provides Earnings Guidance for the Third Quarter of 2021

Insider recently sold €1.1m worth of stock

Independent Director recently sold €1.6m worth of stock

Investor sentiment improved over the past week

Independent Director has left the company

Independent Director has left the company

First quarter 2021 earnings released: EPS US$0.49 (vs US$0.088 loss in 1Q 2020)