Semtech CEO Mohan Maheswaran's 2020 pay jumps 323% to $26M
Semtech reports 2020 executive compensation
By ExecPay News
Published: May 1, 2020
Semtech reported fiscal year 2020 executive compensation information on May 1, 2020.
In 2020, five Semtech executives received on average a compensation package of $6.9M, a 146% increase compared to previous year.
Average pay of disclosed executives at Semtech
Mohan R. Maheswaran, Chief Executive Officer, received $26M in total, which increased by 323% compared to 2019. 96% of Maheswaran's compensation, or $25M, was in stock awards. Maheswaran also received $279K in non-equity incentive plan, $620K in salary, as well as $70K in other compensation.
Emeka N. Chukwu, Chief Financial Officer, received a compensation package of $2.4M, which increased by 17% compared to previous year. 71% of the compensation package, or $1.7M, was in stock awards.
Asaf SiIberstein, Exec. VP, Worldwide Operations and Information Technology, earned $2.3M in 2020, a 41% increase compared to previous year.
Gary M. Beauchamp, Exec. VP and GM Signal Integrity Products Group, received $1.9M in 2020, which increases by 40% compared to 2019.
Charles B. Ammann, General Counsel, earned $1.8M in 2020.
Semtech's fiscal year ends on January 31.
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Source: SEC filing on May 1, 2020.