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 $591.08M. 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
Microchip Technology (NASDAQ:MCHP) Will Pay A Larger Dividend Than Last Year At $0.455
Nov 09
When Should You Buy Microchip Technology Incorporated (NASDAQ:MCHP)?
Oct 28Momentum Is Gone From Microchip Technology
Oct 22Microchip Technology (NASDAQ:MCHP) Might Have The Makings Of A Multi-Bagger
Oct 01Microchip Technology (NASDAQ:MCHP) Seems To Use Debt Quite Sensibly
Sep 04Microchip Technology's (NASDAQ:MCHP) Dividend Will Be Increased To $0.454
Aug 20Downgrade: Here's How Analysts See Microchip Technology Incorporated (NASDAQ:MCHP) Performing In The Near Term
Aug 08Microchip: Cyclical Recovery Got Delayed, But I Still Think It's Near
Aug 06Microchip Technology (NASDAQ:MCHP) Is Increasing Its Dividend To $0.454
Aug 06Is It Too Late To Consider Buying Microchip Technology Incorporated (NASDAQ:MCHP)?
Jul 28There's Reason For Concern Over Microchip Technology Incorporated's (NASDAQ:MCHP) Price
Jul 15We Think Microchip Technology (NASDAQ:MCHP) Can Stay On Top Of Its Debt
Jun 04Microchip Technology: A Bottom Is Near
May 29Microchip Technology Incorporated (NASDAQ:MCHP) Just Reported And Analysts Have Been Cutting Their Estimates
May 08Microchip Technology (NASDAQ:MCHP) Could Become A Multi-Bagger
Apr 28Here's Why We Think Microchip Technology (NASDAQ:MCHP) Might Deserve Your Attention Today
Apr 16A Look At The Intrinsic Value Of Microchip Technology Incorporated (NASDAQ:MCHP)
Apr 04Some Confidence Is Lacking In Microchip Technology Incorporated's (NASDAQ:MCHP) P/E
Mar 23Microchip: Bullish Stock Price On Analog Market Recovery
Mar 16Should You Think About Buying Microchip Technology Incorporated (NASDAQ:MCHP) Now?
Feb 29Microchip Technology's (NASDAQ:MCHP) Dividend Will Be Increased To $0.45
Feb 15Microchip Technology: Revenue Continues To Decline As Inventory Destocking Persists
Feb 12Analysts Just Shaved Their Microchip Technology Incorporated (NASDAQ:MCHP) Forecasts Dramatically
Feb 06Microchip: Still Digesting An Inventory Build Up
Feb 06Is Microchip Technology (NASDAQ:MCHP) A Risky Investment?
Jan 29Why The 26% Return On Capital At Microchip Technology (NASDAQ:MCHP) Should Have Your Attention
Jan 15CEO 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 US market ($USD12.67M).
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% $ 591.1m | |
| Senior VP & CFO | 15.9yrs | US$2.28m | 0.0062% $ 1.9m | |
| Chief Operating Officer | less than a year | US$2.63m | 0.026% $ 8.3m | |
| 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% $ 1.4m | |
| Senior Vice President of Worldwide Client Engagement | no data | no data | 0.0026% $ 798.2k | |
| 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: MCHP'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% $ 591.1m | |
| Independent Director | 27.6yrs | US$281.67k | 0.0071% $ 2.2m | |
| Lead Independent Director | 1.9yrs | US$293.59k | 0.00079% $ 247.3k | |
| Independent Director | less than a year | US$121.66k | 0.00024% $ 75.1k | |
| Independent Director | 3.9yrs | US$300.86k | 0.0016% $ 504.0k | |
| Independent Director | 3.7yrs | US$281.67k | 0.00074% $ 231.6k |
3.8yrs
Average Tenure
63.5yo
Average Age
Experienced Board: MCHP'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 | 2024/12/18 06:04 |
| End of Day Share Price | 2024/12/18 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 |