ALLEGRO MICROSYSTEMS CEO Ravi Vig's 2021 pay jumps 98% to $6.2M
ALLEGRO MICROSYSTEMS reports 2021 executive compensation
By ExecPay News
Published: July 1, 2021
ALLEGRO MICROSYSTEMS reported fiscal year 2021 executive compensation information on July 1, 2021.
In 2021, three executives at ALLEGRO MICROSYSTEMS received on average a compensation package of $3.4M, a 95% increase compared to previous year.
Average pay of disclosed executives at ALLEGRO MICROSYSTEMS
Ravi Vig, Chief Executive Officer, received $6.2M in total, which increased by 98% compared to 2020. 80% of Vig's compensation, or $5M, was in stock awards. Vig also received $721K in non-equity incentive plan, $471K in salary, as well as $25K in other compensation.
Paul V. Walsh, Jr, Chief Financial Officer, received a compensation package of $2.2M, which increased by 85% compared to previous year. 67% of the compensation package, or $1.5M, was in stock awards.
Michael C. Doogue, SVP, Technology and Products, earned $1.7M in 2021, a 98% increase compared to previous year.
ALLEGRO MICROSYSTEMS' fiscal year ends on March 25.
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Source: SEC filing on July 1, 2021.