Qorvo Management
Management criteria checks 3/4
Qorvo's CEO is Bob Bruggeworth, appointed in Dec 2013, has a tenure of 10.33 years. total yearly compensation is $11.69M, comprised of 8.2% salary and 91.8% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth $23.11M. The average tenure of the management team and the board of directors is 2.3 years and 9.3 years respectively.
Key information
Bob Bruggeworth
Chief executive officer
US$11.7m
Total compensation
| CEO salary percentage | 8.2% |
| CEO tenure | 10.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.3yrs |
| Board average tenure | 9.3yrs |
Recent management updates
Recent updates
Lacklustre Performance Is Driving Qorvo, Inc.'s (NASDAQ:QRVO) Low P/S
Apr 15
Qorvo (NASDAQ:QRVO) Has A Pretty Healthy Balance Sheet
Mar 27Qorvo: Not My Cup Of Tea During Smartphone Downturn - Initiating With A Sell
Mar 12Is There An Opportunity With Qorvo, Inc.'s (NASDAQ:QRVO) 39% Undervaluation?
Feb 20Growing Richer With Qorvo
Feb 09Qorvo: Riding The Microchip Rebound (SA Quant)
Jan 26Capital Allocation Trends At Qorvo (NASDAQ:QRVO) Aren't Ideal
Jan 15Does Qorvo (NASDAQ:QRVO) Have A Healthy Balance Sheet?
Dec 26Should You Investigate Qorvo, Inc. (NASDAQ:QRVO) At US$100?
Dec 08Is Qorvo, Inc. (NASDAQ:QRVO) Trading At A 48% Discount?
Oct 23Some Investors May Be Worried About Qorvo's (NASDAQ:QRVO) Returns On Capital
Oct 04Here's Why Qorvo (NASDAQ:QRVO) Has A Meaningful Debt Burden
Sep 14At US$107, Is Qorvo, Inc. (NASDAQ:QRVO) Worth Looking At Closely?
Aug 05Calculating The Fair Value Of Qorvo, Inc. (NASDAQ:QRVO)
Jul 04Qorvo (NASDAQ:QRVO) Is Looking To Continue Growing Its Returns On Capital
Jun 19Is Qorvo (NASDAQ:QRVO) A Risky Investment?
May 09What Does Qorvo, Inc.'s (NASDAQ:QRVO) Share Price Indicate?
Apr 23Is Qorvo, Inc. (NASDAQ:QRVO) Trading At A 34% Discount?
Mar 29The Return Trends At Qorvo (NASDAQ:QRVO) Look Promising
Mar 17Here's Why Qorvo (NASDAQ:QRVO) Can Manage Its Debt Responsibly
Jan 29Should You Investigate Qorvo, Inc. (NASDAQ:QRVO) At US$100?
Jan 16Is There An Opportunity With Qorvo, Inc.'s (NASDAQ:QRVO) 49% Undervaluation?
Dec 06Some Qorvo, Inc. (NASDAQ:QRVO) Analysts Just Made A Major Cut To Next Year's Estimates
Nov 12There's Been No Shortage Of Growth Recently For Qorvo's (NASDAQ:QRVO) Returns On Capital
Oct 13Is Qorvo (NASDAQ:QRVO) Using Too Much Debt?
Sep 28Qorvo CFO sheds interim tag
Aug 30Is There Now An Opportunity In Qorvo, Inc. (NASDAQ:QRVO)?
Aug 24Quivering Qorvo Stopped Quivering Opening Investment Opportunities
Aug 22Qorvo: Around The Sweet Spot
Aug 13Qorvo wins FDA nod for COVID-19 rapid antigen test in POC settings
Aug 04We Ran A Stock Scan For Earnings Growth And Qorvo (NASDAQ:QRVO) Passed With Ease
Jul 25Returns Are Gaining Momentum At Qorvo (NASDAQ:QRVO)
Jul 12Quivering Qorvo Not Yet Ready
Jul 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 30 2023 | n/a | n/a | -US$211m |
| Sep 30 2023 | n/a | n/a | -US$100m |
| Jul 01 2023 | n/a | n/a | -US$9m |
| Apr 01 2023 | US$12m | US$956k | US$103m |
| Dec 31 2022 | n/a | n/a | US$454m |
| Oct 01 2022 | n/a | n/a | US$686m |
| Jul 02 2022 | n/a | n/a | US$817m |
| Apr 02 2022 | US$10m | US$920k | US$1b |
| Jan 01 2022 | n/a | n/a | US$1b |
| Oct 02 2021 | n/a | n/a | US$1b |
| Jul 03 2021 | n/a | n/a | US$922m |
| Apr 03 2021 | US$10m | US$885k | US$734m |
| Jan 02 2021 | n/a | n/a | US$485m |
| Oct 03 2020 | n/a | n/a | US$446m |
| Jun 27 2020 | n/a | n/a | US$392m |
| Mar 28 2020 | US$8m | US$851k | US$334m |
| Dec 28 2019 | n/a | n/a | US$345m |
| Sep 28 2019 | n/a | n/a | US$254m |
| Jun 29 2019 | n/a | n/a | US$203m |
| Mar 30 2019 | US$8m | US$826k | US$133m |
| Dec 29 2018 | n/a | n/a | US$59m |
| Sep 29 2018 | n/a | n/a | -US$43m |
| Jun 30 2018 | n/a | n/a | -US$40m |
| Mar 31 2018 | US$7m | US$803k | -US$40m |
Compensation vs Market: Bob's total compensation ($USD11.69M) is about average for companies of similar size in the US market ($USD13.52M).
Compensation vs Earnings: Bob's compensation has increased whilst the company is unprofitable.
CEO
Bob Bruggeworth (62 yo)
10.3yrs
Tenure
US$11,693,756
Compensation
Mr. Robert A. Bruggeworth, also known as Bob, serves as Independent Director of Seagate Technology Holdings plc since November 09, 2022. He serves as President & Director of Qorvo US, Inc. He has been the...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.3yrs | US$11.69m | 0.22% $ 23.1m | |
| Senior VP & CFO | 2yrs | US$3.38m | 0.032% $ 3.4m | |
| Senior Vice President of Global Operations | 5.8yrs | US$3.02m | 0.031% $ 3.2m | |
| Senior VP and President of Connectivity & Sensors | 2.3yrs | US$3.11m | 0.080% $ 8.4m | |
| Senior VP & President of High Performance Analog | 2.3yrs | US$2.39m | 0.026% $ 2.7m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior VP | no data | no data | no data | |
| Director of Corporate Communications | 9.3yrs | no data | no data | |
| Senior Vice President of Sales & Marketing | 2.3yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 4yrs | no data | no data | |
| Senior VP & President of Advanced Cellular | 2.3yrs | no data | 0.012% $ 1.3m |
2.3yrs
Average Tenure
55.5yo
Average Age
Experienced Management: QRVO's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.3yrs | US$11.69m | 0.22% $ 23.1m | |
| Independent Director | 2.9yrs | US$304.99k | 0.0015% $ 152.2k | |
| Independent Director | 9.3yrs | US$304.99k | 0.0080% $ 834.0k | |
| Independent Director | 9.3yrs | US$367.99k | 0.055% $ 5.7m | |
| Independent Chairman & Lead Independent Director | 9.3yrs | US$324.99k | 0.088% $ 9.2m | |
| Independent Director | 9.3yrs | US$314.99k | 0.0082% $ 851.7k | |
| Independent Director | 9.3yrs | US$304.99k | 0.016% $ 1.7m | |
| Independent Director | 7.3yrs | US$304.99k | 0.0077% $ 802.7k |
9.3yrs
Average Tenure
64yo
Average Age
Experienced Board: QRVO's board of directors are considered experienced (9.3 years average tenure).