SITIME Corp CEO Rajesh Vashist's 2021 pay jumps 299% to $11M
SITIME Corp reports 2021 executive compensation
By ExecPay News
Published: April 20, 2022
SITIME Corp reported fiscal year 2021 executive compensation information on April 20, 2022.
In 2021, three executives at SITIME Corp received on average a compensation package of $6.1M, a 123% 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 299% compared to 2020. 87% of Vashist's compensation, or $9.5M, was in stock awards. Vashist also received $853K in non-equity incentive plan, $587K in salary, as well as $9.8K in other compensation.
Lionel Bonnot, Executive Vice President, Worldwide Sales and Business Development, received a compensation package of $4M. 71% of the compensation package, or $2.8M, was in stock awards.
Piyush B. Sevalia, Executive Vice President, Marketing, earned $3.4M in 2021.
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Source: SEC filing on April 20, 2022.