How Talluri was paid
$8M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Dr. Raj TalluriPresident and Chief Executive Officer | $617,505 | — | $6,999,998 | $375,422 | $3,564 | $7,996,489 |
| Ryan BentonChief Financial Officer | $301,042 | — | $4,500,000 | $96,740 | $1,518 | $4,899,299 |
| Ajay MaratheFormer Chief Operating Officer | $473,929 | — | $3,999,983 | $216,078 | $3,977 | $4,693,967 |
| Arthi ChakravarthyChief Legal Officer | $365,308 | $1,499,993 | $145,845 | — | $2,011,955 | $145,845 |
What changed and why
- $11.5MCEO total compensation decreased from $11,452,248 in 2024 to $7,996,489 in 2025.
- 92%About 92% of our CEO’s 2025 target total direct compensation was placed at risk.
- 62%Annual Incentive Program payouts averaged 62% for NEOs in 2025 based on corporate performance factors.
- 72%Long-term incentive PRSU awards for 2025 achieved a final payout of 72% of target.
- 77%Approximately 77% of votes cast supported our say-on-pay proposal at the 2025 Annual Meeting.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.