SITIME Corp CEO Rajesh Vashist's 2019 pay jumps 1,019% to $11M
SITIME Corp reports 2019 executive compensation
By ExecPay News
Published: April 17, 2020
SITIME Corp reported fiscal year 2019 executive compensation information on April 17, 2020.
In 2019, three executives at SITIME Corp received on average a compensation package of $5.3M, a 823% increase compared to previous year.
Average pay of disclosed executives at SITIME Corp
Rajesh Vashist, Chief Executive Officer, received $11M in total, which increased by 1,019% compared to 2018. 91% of Vashist's compensation, or $10M, was in stock awards. Vashist also received $580K in bonus, $489K in salary, as well as $9.9K in other compensation.
Lionel Bonnot, Executive Vice President, Worldwide Sales and Business Development, received a compensation package of $2.2M, which increased by 616% compared to previous year. 82% of the compensation package, or $1.8M, was in stock awards.
Piyush B. Sevalia, Executive Vice President, Marketing, earned $2.2M in 2019, a 470% increase compared to previous year.
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Source: SEC filing on April 17, 2020.