Power Integrations CEO Balu Balakrishnan's 2020 pay rises 1% to $5.7M
Power Integrations reports 2020 executive compensation
By ExecPay News
Published: March 29, 2022
Power Integrations reported fiscal year 2020 executive compensation information on March 29, 2022.
In 2020, six executives at Power Integrations received on average a compensation package of $2.2M, 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 1% compared to 2019. 89% of Balakrishnan's compensation, or $5.1M, was in stock awards. Balakrishnan also received $1.5K in bonus, $638K in salary, as well as $13K in other compensation.
For fiscal year 2020, the median employee pay was $100,036 at Power Integrations. Therefore, the ratio of Balu Balakrishnan's pay to the median employee pay was 57 to one.
Sandeep Nayyar, Chief Financial Officer, received a compensation package of $1.8M, which increased by 14% compared to previous year. 78% of the compensation package, or $1.4M, was in stock awards.
Radu Barsan, Vice President, Technology, earned $1.6M in 2020, a 10% increase compared to previous year.
Mike Matthews, Vice President, Product Development, received $1.3M in 2020, which increases by 2% compared to 2019.
David "Mike" Matthews, Vice President, Product Development, earned $1.3M in 2020, a 2% increase compared to previous year.
Ben Sutherland, Vice President, Worldwide Sales, received $1.3M in 2020, which increases by 8% compared to 2019.
Related executives
Mike Matthews
Power Integrations
Vice President, Product Development
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 29, 2022.