Veeco Instruments Management
Management criteria checks 3/4
Veeco Instruments' CEO is Bill Miller, appointed in Oct 2018, has a tenure of 5.58 years. total yearly compensation is $4.61M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 0.91% of the company’s shares, worth €19.72M. The average tenure of the management team and the board of directors is 4.5 years and 7.8 years respectively.
Key information
Bill Miller
Chief executive officer
US$4.6m
Total compensation
| CEO salary percentage | 13.7% |
| CEO tenure | 5.6yrs |
| CEO ownership | 0.9% |
| Management average tenure | 4.5yrs |
| Board average tenure | 7.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$17m |
| Dec 31 2023 | US$5m | US$633k | -US$30m |
| Sep 30 2023 | n/a | n/a | US$77m |
| Jun 30 2023 | n/a | n/a | US$67m |
| Mar 31 2023 | n/a | n/a | US$162m |
| Dec 31 2022 | US$6m | US$618k | US$167m |
| Sep 30 2022 | n/a | n/a | US$46m |
| Jun 30 2022 | n/a | n/a | US$40m |
| Mar 31 2022 | n/a | n/a | US$37m |
| Dec 31 2021 | US$5m | US$590k | US$26m |
| Sep 30 2021 | n/a | n/a | US$18m |
| Jun 30 2021 | n/a | n/a | US$9m |
| Mar 31 2021 | n/a | n/a | -US$5m |
| Dec 31 2020 | US$3m | US$597k | -US$8m |
| Sep 30 2020 | n/a | n/a | -US$41m |
| Jun 30 2020 | n/a | n/a | -US$54m |
| Mar 31 2020 | n/a | n/a | -US$61m |
| Dec 31 2019 | US$4m | US$575k | -US$79m |
| Sep 30 2019 | n/a | n/a | -US$191m |
| Jun 30 2019 | n/a | n/a | -US$188m |
| Mar 31 2019 | n/a | n/a | -US$410m |
| Dec 31 2018 | US$4m | US$509k | -US$407m |
| Sep 30 2018 | n/a | n/a | -US$271m |
| Jun 30 2018 | n/a | n/a | -US$286m |
| Mar 31 2018 | n/a | n/a | -US$69m |
| Dec 31 2017 | US$2m | US$470k | -US$51m |
Compensation vs Market: Bill's total compensation ($USD4.61M) is above average for companies of similar size in the German market ($USD1.51M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
CEO
Bill Miller (55 yo)
5.6yrs
Tenure
US$4,611,004
Compensation
Dr. William John Miller, also known as Bill, Ph D, has been Chief Executive Officer and Director of Veeco Instruments Inc. since October 1, 2018 and served as its President from January 4, 2016 to October...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.6yrs | US$4.61m | 0.91% $ 19.7m | |
| Senior VP & CFO | 4.3yrs | US$1.39m | 0.18% $ 3.8m | |
| Senior Vice President of Global Sales & Services | 4.1yrs | US$1.30m | 0.12% $ 2.7m | |
| Senior Vice President of Unified Engineering | 6.7yrs | US$1.27m | 0.23% $ 5.0m | |
| Senior Vice President of Product Line Management | 4.7yrs | US$1.22m | 0.16% $ 3.4m | |
| Senior Vice President of Global Operations | less than a year | no data | no data | |
| Chief Administrative Officer | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| VP, Head of Legal | no data | no data | no data |
4.5yrs
Average Tenure
59yo
Average Age
Experienced Management: VEO's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.6yrs | US$4.61m | 0.91% $ 19.7m | |
| Independent Chairman | 34.3yrs | US$267.50k | 0.26% $ 5.6m | |
| Independent Director | 7.8yrs | US$240.17k | 0.11% $ 2.3m | |
| Independent Director | 8yrs | US$224.40k | 0.092% $ 2.0m | |
| Independent Director | 12.3yrs | US$230.00k | 0.13% $ 2.9m | |
| Independent Director | 13.9yrs | US$230.00k | 0.14% $ 3.0m | |
| Independent Director | 4.5yrs | US$220.00k | 0.033% $ 717.0k | |
| Independent Director | 1.5yrs | US$143.75k | 0.025% $ 545.0k | |
| Independent Director | 2.8yrs | US$215.00k | 0.039% $ 836.2k |
7.8yrs
Average Tenure
67yo
Average Age
Experienced Board: VEO's board of directors are considered experienced (7.8 years average tenure).