Steve Sanghi became the CEO of Microchip Technology Incorporated (NASDAQ:MCHP) in 1991, and we think it’s a good time to look at the executive’s compensation against the backdrop of overall company performance. This analysis will also evaluate the appropriateness of CEO compensation when taking into account the earnings and shareholder returns of the company.
Check out our latest analysis for Microchip Technology
How Does Total Compensation For Steve Sanghi Compare With Other Companies In The Industry?
According to our data, Microchip Technology Incorporated has a market capitalization of US$29b, and paid its CEO total annual compensation worth US$6.9m over the year to March 2020. That’s a notable decrease of 46% on last year. We think total compensation is more important but our data shows that the CEO salary is lower, at US$811k.
For comparison, other companies in the industry with market capitalizations above US$8.0b, reported a median total CEO compensation