SiTime Management
Management criteria checks 2/4
SiTime's CEO is Rajesh Vashist, appointed in Sep 2007, has a tenure of 17.25 years. total yearly compensation is $10.60M, comprised of 6.1% salary and 93.9% bonuses, including company stock and options. directly owns 0.95% of the company’s shares, worth $48.00M. The average tenure of the management team and the board of directors is 5 years and 5.1 years respectively.
Key information
Rajesh Vashist
Chief executive officer
US$10.6m
Total compensation
| CEO salary percentage | 6.1% |
| CEO tenure | 17.3yrs |
| CEO ownership | 0.9% |
| Management average tenure | 5yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
SiTime Corporation (NASDAQ:SITM) Looks Just Right With A 27% Price Jump
Dec 03
At US$205, Is It Time To Put SiTime Corporation (NASDAQ:SITM) On Your Watch List?
Nov 29SiTime Corporation: Fast Growth Comes At A Steep Price
Nov 17SiTime (NASDAQ:SITM) Is In A Strong Position To Grow Its Business
Nov 03Calculating The Intrinsic Value Of SiTime Corporation (NASDAQ:SITM)
Oct 13SiTime Corporation (NASDAQ:SITM) Looks Just Right With A 27% Price Jump
Sep 01SiTime Corporation: Why The Recovery May Not Yet Be On A Solid Footing
Aug 20Analyst Estimates: Here's What Brokers Think Of SiTime Corporation (NASDAQ:SITM) After Its Second-Quarter Report
Aug 12Is Now An Opportune Moment To Examine SiTime Corporation (NASDAQ:SITM)?
Jul 16Revenues Tell The Story For SiTime Corporation (NASDAQ:SITM) As Its Stock Soars 26%
Jul 16Here's Why Shareholders May Want To Be Cautious With Increasing SiTime Corporation's (NASDAQ:SITM) CEO Pay Packet
May 24SiTime Corporation: Growth Stock In Niche MEMS Timing Market
May 21Why Investors Shouldn't Be Surprised By SiTime Corporation's (NASDAQ:SITM) 50% Share Price Surge
May 11Is SiTime Corporation (NASDAQ:SITM) Trading At A 49% Discount?
Apr 27Risks Still Elevated At These Prices As SiTime Corporation (NASDAQ:SITM) Shares Dive 28%
Mar 14SiTime Corporation: Growth Outlook Is Not A Sure Thing
Mar 06What Does SiTime Corporation's (NASDAQ:SITM) Share Price Indicate?
Feb 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$95m |
| Jun 30 2024 | n/a | n/a | -US$94m |
| Mar 31 2024 | n/a | n/a | -US$93m |
| Dec 31 2023 | US$11m | US$650k | -US$81m |
| Sep 30 2023 | n/a | n/a | -US$62m |
| Jun 30 2023 | n/a | n/a | -US$38m |
| Mar 31 2023 | n/a | n/a | US$624k |
| Dec 31 2022 | US$10m | US$650k | US$23m |
| Sep 30 2022 | n/a | n/a | US$45m |
| Jun 30 2022 | n/a | n/a | US$53m |
| Mar 31 2022 | n/a | n/a | US$42m |
| Dec 31 2021 | US$11m | US$587k | US$32m |
| Sep 30 2021 | n/a | n/a | US$14m |
| Jun 30 2021 | n/a | n/a | -US$218k |
| Mar 31 2021 | n/a | n/a | -US$8m |
| Dec 31 2020 | US$3m | US$587k | -US$9m |
| Sep 30 2020 | n/a | n/a | -US$11m |
| Jun 30 2020 | n/a | n/a | -US$9m |
| Mar 31 2020 | n/a | n/a | -US$9m |
| Dec 31 2019 | US$11m | US$489k | -US$7m |
| Sep 30 2019 | n/a | n/a | -US$6m |
| Jun 30 2019 | n/a | n/a | -US$6m |
| Mar 31 2019 | n/a | n/a | -US$7m |
| Dec 31 2018 | US$1m | US$489k | -US$9m |
Compensation vs Market: Rajesh's total compensation ($USD10.60M) is above average for companies of similar size in the US market ($USD8.00M).
Compensation vs Earnings: Rajesh's compensation has increased whilst the company is unprofitable.
CEO
Rajesh Vashist (66 yo)
17.3yrs
Tenure
US$10,596,820
Compensation
Mr. Rajesh Vashist has been the Chief Executive Officer and President of SiTime Corporation since September 4, 2007 and serves as its Chairman since November 1, 2019. Mr. Vashist served as the President an...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 17.3yrs | US$10.60m | 0.95% $ 48.0m | |
| Executive VP of Finance & CFO | 1.1yrs | US$6.34m | 0.028% $ 1.4m | |
| Executive Vice President of Technology & Engineering | 2.2yrs | US$2.61m | 0.019% $ 938.4k | |
| Executive Vice President of Marketing | 16.8yrs | US$2.61m | 0.010% $ 504.6k | |
| Executive Vice President of Worldwide Sales & Business Development | 5.4yrs | US$2.66m | 0.013% $ 672.7k | |
| Co-Founder | 19.9yrs | no data | no data | |
| Co-Founder | 19.9yrs | no data | no data | |
| Executive Vice President of Operations | 4yrs | no data | no data | |
| Senior VP of Finance & Chief Accounting Officer | less than a year | no data | no data | |
| Executive VP | 4.5yrs | US$4.55m | 0.070% $ 3.6m | |
| Partner | no data | no data | no data | |
| Partner | no data | no data | no data |
5.0yrs
Average Tenure
58.5yo
Average Age
Experienced Management: SITM's management team is considered experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 17.3yrs | US$10.60m | 0.95% $ 48.0m | |
| Independent Director | 5.1yrs | US$318.85k | 0.079% $ 4.0m | |
| Independent Director | 5.1yrs | US$346.85k | 0.049% $ 2.5m | |
| Independent Director | 5.1yrs | US$346.85k | 0.037% $ 1.9m | |
| Independent Director | 3.7yrs | US$326.85k | 0.028% $ 1.4m | |
| Independent Director | 5.1yrs | US$334.85k | 0.044% $ 2.2m | |
| Director | 10.1yrs | US$318.85k | 0.059% $ 3.0m | |
| Member of Technical Advisory Board | no data | no data | no data | |
| Member of Technical Advisory Board | no data | no data | no data | |
| Member of Technical Advisory Board | no data | no data | no data | |
| Member of Technical Advisory Board | no data | no data | no data | |
| Lead Independent Director | 5.1yrs | US$366.85k | 0.080% $ 4.0m |
5.1yrs
Average Tenure
66yo
Average Age
Experienced Board: SITM's board of directors are considered experienced (5.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 14:32 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
SiTime Corporation is covered by 9 analysts. 5 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 |
|---|---|
| Ishan Majumdar | Baptista Research |
| Thomas O'Malley | Barclays |
| Christopher Caso | Credit Suisse |