Xperi Corp CEO Jon Kirchner's 2018 pay rises 7% to $9M
Xperi Corp reports 2018 executive compensation
By ExecPay News
Published: March 20, 2019
Xperi Corp reported fiscal year 2018 executive compensation information on March 20, 2019.
In 2018, five Xperi Corp executives received on average a compensation package of $3.1M, a 23% increase compared to previous year.
Average pay of disclosed executives at Xperi Corp
Jon Kirchner, Chief Executive Officer, received $9M in total, which increased by 7% compared to 2017. 56% of Kirchner's compensation, or $5M, was in bonus. Kirchner also received $656K in non-equity incentive plan, $600K in salary, $2.7M in stock awards, as well as $12K in other compensation.
For fiscal year 2018, the median employee pay was $124,292 at Xperi Corp. Therefore, the ratio of Jon Kirchner's pay to the median employee pay was 73 to one.
Geir Skaaden, Chief Products and Services Officer, received a compensation package of $2.8M, which increased by 139% compared to previous year. 46% of the compensation package, or $1.3M, was in bonus.
Robert Andersen, Chief Financial Officer, earned $1.6M in 2018, a 20% decrease compared to previous year.
Paul Davis, General Counsel, received $1.2M in 2018.
Murali Dharan, President of Tessera, earned $1.1M in 2018, a 31% increase compared to previous year.
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Source: SEC filing on March 20, 2019.