SiTime Management
Management criteria checks 2/4
SiTime's CEO is Rajesh Vashist, appointed in Sep 2007, has a tenure of 16.67 years. total yearly compensation is $10.60M, comprised of 6.1% salary and 93.9% bonuses, including company stock and options. directly owns 0.96% of the company’s shares, worth $21.11M. The average tenure of the management team and the board of directors is 4.4 years and 4.5 years respectively.
Key information
Rajesh Vashist
Chief executive officer
US$10.6m
Total compensation
| CEO salary percentage | 6.1% |
| CEO tenure | 16.7yrs |
| CEO ownership | 1.0% |
| Management average tenure | 4.4yrs |
| Board average tenure | 4.5yrs |
Recent management updates
Recent updates
Is SiTime Corporation (NASDAQ:SITM) Trading At A 49% Discount?
Apr 27
Risks 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 10Is SiTime Corporation (NASDAQ:SITM) Trading At A 38% Discount?
Dec 10What Is SiTime Corporation's (NASDAQ:SITM) Share Price Doing?
Oct 05SiTime Corporation's (NASDAQ:SITM) Intrinsic Value Is Potentially 46% Above Its Share Price
Sep 07Why SiTime Corporation (NASDAQ:SITM) Could Be Worth Watching
Jul 02SiTime Corporation's (NASDAQ:SITM) Intrinsic Value Is Potentially 34% Above Its Share Price
Jun 07Analysts Are More Bearish On SiTime Corporation (NASDAQ:SITM) Than They Used To Be
May 06At US$136, Is It Time To Put SiTime Corporation (NASDAQ:SITM) On Your Watch List?
Mar 30Calculating The Fair Value Of SiTime Corporation (NASDAQ:SITM)
Mar 06Is Now The Time To Put SiTime (NASDAQ:SITM) On Your Watchlist?
Jan 22There's Been No Shortage Of Growth Recently For SiTime's (NASDAQ:SITM) Returns On Capital
Dec 20Is SiTime Corporation (NASDAQ:SITM) Worth US$104 Based On Its Intrinsic Value?
Dec 05These Analysts Just Made An Downgrade To Their SiTime Corporation (NASDAQ:SITM) EPS Forecasts
Nov 07Investor Optimism Abounds SiTime Corporation (NASDAQ:SITM) But Growth Is Lacking
Nov 05SiTime (NASDAQ:SITM) Shareholders Will Want The ROCE Trajectory To Continue
Aug 25SiTime: Expensive And Trading Higher Than Peers
Aug 14Should You Think About Buying SiTime Corporation (NASDAQ:SITM) Now?
Jul 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD5.66M).
Compensation vs Earnings: Rajesh's compensation has increased whilst the company is unprofitable.
CEO
Rajesh Vashist (65 yo)
16.7yrs
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 | 16.7yrs | US$10.60m | 0.96% $ 21.1m | |
| Executive VP & CFO | less than a year | US$6.34m | 0.010% $ 231.2k | |
| Executive Vice President of Technology & Engineering | 1.6yrs | US$2.61m | 0.019% $ 416.6k | |
| Executive Vice President of Marketing | 16.2yrs | US$2.61m | 0.060% $ 1.3m | |
| Executive Vice President of Worldwide Sales & Business Development | 4.8yrs | US$2.66m | 0.061% $ 1.4m | |
| Co-Founder | 19.3yrs | no data | no data | |
| Co-Founder | 19.3yrs | no data | no data | |
| Executive Vice President of Operations | 3.4yrs | no data | no data | |
| Senior VP of Finance & Chief Accounting Officer | less than a year | no data | no data | |
| Executive VP | 3.9yrs | US$4.55m | 0.093% $ 2.1m | |
| Partner | no data | no data | no data | |
| Partner | no data | no data | no data |
4.4yrs
Average Tenure
57.5yo
Average Age
Experienced Management: SITM's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 16.7yrs | US$10.60m | 0.96% $ 21.1m | |
| Independent Director | 4.5yrs | US$318.85k | 0.075% $ 1.7m | |
| Independent Director | 4.5yrs | US$346.85k | 0.069% $ 1.5m | |
| Independent Director | 4.5yrs | US$346.85k | 0.070% $ 1.5m | |
| Independent Director | 3.1yrs | US$326.85k | 0.013% $ 287.1k | |
| Independent Director | 4.5yrs | US$334.85k | 0.033% $ 721.7k | |
| Director | 9.5yrs | US$318.85k | 0.049% $ 1.1m | |
| 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 | 4.5yrs | US$366.85k | 0.080% $ 1.8m |
4.5yrs
Average Tenure
65yo
Average Age
Experienced Board: SITM's board of directors are considered experienced (4.5 years average tenure).