Qorvo Management
Management criteria checks 2/4
Qorvo's CEO is Bob Bruggeworth, appointed in Dec 2013, has a tenure of 10.92 years. total yearly compensation is $12.82M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth $14.98M. The average tenure of the management team and the board of directors is 3.7 years and 9.8 years respectively.
Key information
Bob Bruggeworth
Chief executive officer
US$12.8m
Total compensation
| CEO salary percentage | 7.8% |
| CEO tenure | 10.9yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.7yrs |
| Board average tenure | 9.8yrs |
Recent management updates
Recent updates
Upgrading Qorvo To A Buy: Time To Restart The Engine
Nov 01Lacklustre Performance Is Driving Qorvo, Inc.'s (NASDAQ:QRVO) 30% Price Drop
Nov 01
Qorvo, Inc.'s (NASDAQ:QRVO) Prospects Need A Boost To Lift Shares
Sep 08The Head-Scratching, Less-Than-Stellar Guidance From Qorvo
Aug 25Does Qorvo (NASDAQ:QRVO) Have A Healthy Balance Sheet?
Aug 11There's Been No Shortage Of Growth Recently For Qorvo's (NASDAQ:QRVO) Returns On Capital
Jul 15Qorvo: Anchored To A Lacking Smartphone Market - Sell
May 30Qorvo: Report Yields A Clearer Picture For The Company And Mobile Devices (Rating Downgrade)
May 07Should You Investigate Qorvo, Inc. (NASDAQ:QRVO) At US$95.67?
May 03Lacklustre Performance Is Driving Qorvo, Inc.'s (NASDAQ:QRVO) Low P/S
Apr 15Qorvo (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 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | -US$141m |
| Jun 29 2024 | n/a | n/a | -US$26m |
| Mar 30 2024 | US$13m | US$995k | -US$70m |
| 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$40m |
Compensation vs Market: Bob's total compensation ($USD12.82M) is above average for companies of similar size in the US market ($USD7.94M).
Compensation vs Earnings: Bob's compensation has increased whilst the company is unprofitable.
CEO
Bob Bruggeworth (63 yo)
10.9yrs
Tenure
US$12,816,409
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 | 10.9yrs | US$12.82m | 0.24% $ 15.0m | |
| Senior VP & CFO | 2.6yrs | US$3.91m | 0.044% $ 2.8m | |
| Senior Vice President of Global Operations | 6.3yrs | US$3.31m | 0.045% $ 2.8m | |
| Senior VP and President of Connectivity & Sensors | 2.3yrs | US$3.33m | 0.089% $ 5.6m | |
| Senior VP & President of High Performance Analog | 2.3yrs | US$2.88m | 0.038% $ 2.4m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior VP | no data | no data | no data | |
| Director of Corporate Communications | 9.8yrs | no data | no data | |
| Senior Vice President of Sales & Marketing | 2.8yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 4.6yrs | no data | no data | |
| Senior VP & President of Advanced Cellular | 2.3yrs | no data | 0.027% $ 1.7m | |
| VP & Corporate Controller | 9yrs | US$711.86k | 0.023% $ 1.4m |
3.7yrs
Average Tenure
56yo
Average Age
Experienced Management: QRVO's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.9yrs | US$12.82m | 0.24% $ 15.0m | |
| Director | no data | no data | 0.0026% $ 159.8k | |
| Independent Director | 3.5yrs | US$312.50k | 0.0059% $ 371.5k | |
| Independent Director | 9.8yrs | US$305.00k | 0.0081% $ 510.0k | |
| Independent Chairman & Lead Independent Director | 9.8yrs | US$345.75k | 0.10% $ 6.4m | |
| Independent Director | 9.8yrs | US$315.00k | 0.0096% $ 599.6k | |
| Independent Director | 9.8yrs | US$305.00k | 0.018% $ 1.1m | |
| Independent Director | 7.8yrs | US$305.00k | 0.010% $ 631.5k |
9.8yrs
Average Tenure
64.5yo
Average Age
Experienced Board: QRVO's board of directors are considered experienced (9.8 years average tenure).