Power Integrations CEO Balu Balakrishnan's 2018 pay falls 48% to $5M
Power Integrations reports 2018 executive compensation
By ExecPay News
Published: March 28, 2019
Power Integrations reported fiscal year 2018 executive compensation information on March 28, 2019.
In 2018, five executives at Power Integrations received on average a compensation package of $2M, a 44% decrease compared to previous year.
Average pay of disclosed executives at Power Integrations
Balu Balakrishnan, Chief Executive Officer, received $5M in total, which decreased by 48% compared to 2017. 88% of Balakrishnan's compensation, or $4.4M, was in stock awards. Balakrishnan also received $3K in bonus, $593K in salary, as well as $9.4K in other compensation.
For fiscal year 2018, the median employee pay was $103,334 at Power Integrations. Therefore, the ratio of Balu Balakrishnan's pay to the median employee pay was 49 to one.
Sandeep Nayyar, Chief Financial Officer, received a compensation package of $1.4M, which decreased by 39% compared to previous year. 74% of the compensation package, or $1M, was in stock awards.
Radu Barsan, Vice President, Technology, earned $1.2M in 2018, a 38% decrease compared to previous year.
David "Mike" Matthews, Vice President, Product Development, received $1.1M in 2018, which decreases by 40% compared to 2017.
Ben Sutherland, Vice President, Worldwide Sales, earned $1.1M in 2018, a 40% decrease compared to previous year.
Related executives
Balu Balakrishnan
Power Integrations
Chief Executive Officer
Sandeep Nayyar
Power Integrations
Chief Financial Officer
Radu Barsan
Power Integrations
Vice President, Technology
David Matthews
Power Integrations
Vice President, Product Development
Ben Sutherland
Power Integrations
Vice President, Worldwide Sales
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Source: SEC filing on March 28, 2019.