Power Integrations CEO Balu Balakrishnan's 2019 pay rises 13% to $5.7M
Power Integrations reports 2019 executive compensation
By ExecPay News
Published: March 20, 2020
Power Integrations reported fiscal year 2019 executive compensation information on March 20, 2020.
In 2019, six executives at Power Integrations received on average a compensation package of $2.1M, a 5% increase compared to previous year.
Average pay of disclosed executives at Power Integrations
Balu Balakrishnan, Chief Executive Officer, received $5.7M in total, which increased by 13% compared to 2018. 89% of Balakrishnan's compensation, or $5.1M, was in stock awards. Balakrishnan also received $2.8K in bonus, $609K in salary, as well as $9.5K in other compensation.
For fiscal year 2019, the median employee pay was $110,980 at Power Integrations. Therefore, the ratio of Balu Balakrishnan's pay to the median employee pay was 51 to one.
Sandeep Nayyar, Chief Financial Officer, received a compensation package of $1.6M, which increased by 13% compared to previous year. 76% of the compensation package, or $1.2M, was in stock awards.
Radu Barsan, Vice President, Technology, earned $1.5M in 2019, a 19% increase compared to previous year.
Mike Matthews, Vice President, Product Development, received $1.3M in 2019.
David "Mike" Matthews, Vice President, Product Development, earned $1.3M in 2019, a 14% increase compared to previous year.
Ben Sutherland, Vice President, Worldwide Sales, received $1.2M in 2019, which increases by 7% compared to 2018.
Related executives
Balu Balakrishnan
Power Integrations
Chief Executive Officer
Mike Matthews
Power Integrations
Vice President, Product Development
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 20, 2020.