Microchip Technology Management
Management criteria checks 4/4
Microchip Technology's CEO is Steve Sanghi, appointed in Nov 2024, has a tenure of less than a year. total yearly compensation is $3.80M, comprised of 10.5% salary and 89.5% bonuses, including company stock and options. directly owns 1.89% of the company’s shares, worth $567.76M. The average tenure of the management team and the board of directors is 5.8 years and 3.8 years respectively.
Key information
Steve Sanghi
Chief executive officer
US$3.8m
Total compensation
| CEO salary percentage | 10.5% |
| CEO tenure | less than a year |
| CEO ownership | 1.9% |
| Management average tenure | 5.8yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$782m |
| Jun 30 2024 | n/a | n/a | US$1b |
| Mar 31 2024 | US$4m | US$399k | US$2b |
| Dec 31 2023 | n/a | n/a | US$2b |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | US$9m | US$485k | US$2b |
| Dec 31 2022 | n/a | n/a | US$2b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$2b |
| Mar 31 2022 | US$6m | US$485k | US$1b |
| Dec 31 2021 | n/a | n/a | US$964m |
| Sep 30 2021 | n/a | n/a | US$647m |
| Jun 30 2021 | n/a | n/a | US$479m |
| Mar 31 2021 | US$9m | US$702k | US$349m |
| Dec 31 2020 | n/a | n/a | US$333m |
| Sep 30 2020 | n/a | n/a | US$608m |
| Jun 30 2020 | n/a | n/a | US$644m |
| Mar 31 2020 | US$7m | US$811k | US$571m |
| Dec 31 2019 | n/a | n/a | US$645m |
| Sep 30 2019 | n/a | n/a | US$384m |
| Jun 30 2019 | n/a | n/a | US$371m |
| Mar 31 2019 | US$13m | US$750k | US$356m |
| Dec 31 2018 | n/a | n/a | US$328m |
| Sep 30 2018 | n/a | n/a | US$28m |
| Jun 30 2018 | n/a | n/a | US$121m |
| Mar 31 2018 | US$8m | US$740k | US$255m |
Compensation vs Market: Steve's total compensation ($USD3.80M) is below average for companies of similar size in the UK market ($USD5.75M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
CEO
Steve Sanghi (68 yo)
less than a year
Tenure
US$3,796,914
Compensation
Mr. Stephen Sanghi, also known as Steve, is Independent Director since December 05, 2024 at Intel Corporation. He has been Independent Director at Impinj, Inc. since March 2021 and as its Chairman of the B...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO | less than a year | US$3.80m | 1.89% $ 567.8m | |
| Senior VP & CFO | 15.9yrs | US$2.28m | 0.0062% $ 1.9m | |
| Chief Operating Officer | less than a year | US$2.63m | 0.026% $ 7.9m | |
| Head of Investor Relations | no data | no data | no data | |
| Assistant General Counsel | no data | no data | no data | |
| Corporate VP & General Counsel | 3.9yrs | no data | no data | |
| Senior Corporate Vice President of Global Human Resources | 5.8yrs | no data | no data | |
| Senior Corporate Vice President of Operations | 5.8yrs | no data | no data | |
| Senior Vice President of Operations | 5.8yrs | no data | 0.0044% $ 1.3m | |
| Senior Vice President of Worldwide Client Engagement | no data | no data | 0.0026% $ 766.7k | |
| Senior Vice Corporate President | 5.8yrs | no data | no data | |
| Senior Corporate Vice President | 5.8yrs | no data | no data |
5.8yrs
Average Tenure
60yo
Average Age
Experienced Management: 0K19's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO | 34.3yrs | US$3.80m | 1.89% $ 567.8m | |
| Independent Director | 27.6yrs | US$281.67k | 0.0071% $ 2.1m | |
| Lead Independent Director | 1.9yrs | US$293.59k | 0.00079% $ 237.5k | |
| Independent Director | less than a year | US$121.66k | 0.00024% $ 72.2k | |
| Independent Director | 3.9yrs | US$300.86k | 0.0016% $ 484.1k | |
| Independent Director | 3.7yrs | US$281.67k | 0.00074% $ 222.5k |
3.8yrs
Average Tenure
63.5yo
Average Age
Experienced Board: 0K19's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 00:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Microchip Technology Incorporated is covered by 56 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Kelleher | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Timothy Luke | Barclays |