How Sanghi was paid
$21.4M 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 | Stock | Other | Total |
|---|---|---|---|---|
| Steve SanghiChair of the Board, CEO and President | $398,525 | $20,961,651 | $18,077 | $21,414,531 |
| Ganesh MoorthyFormer President and CEO | $375,923 | $4,765,317 | $342,291 | $5,483,531 |
| Richard J. SimoncicChief Operating Officer | $280,918 | $3,165,083 | $8,438 | $3,454,439 |
| J. Eric BjornholtSenior VP and CFO | $264,195 | $1,608,751 | $6,137 | $1,879,083 |
| Mathew B. BunkerSenior VP, Operations | $230,845 | $1,226,169 | $6,010 | $1,463,024 |
| Joseph R. Krawczyk IISenior VP, Worldwide Client Engagement | $241,308 | $931,308 | $10,359 | $1,182,975 |
What changed and why
- $21.4M$21,414,531 was Steve Sanghi’s fiscal 2025 Summary Compensation Table total, up from $3,796,914 in fiscal 2024.
- $21M$20,961,651 of Sanghi’s fiscal 2025 compensation came from stock awards, including awards tied to his CEO appointment.
- 0%Operating income as a percentage of net sales determined PSU vesting, with payouts ranging from 0% to 200%.
- 95,826 of Ganesh Moorthy’s equity awards accelerated upon retirement, including 54,434 PSU awards.
- 457:1 was the fiscal 2025 CEO-to-worldwide-median-employee pay ratio.
- 50%Performance-based awards represented approximately 50% of quarterly evergreen RSU grants to executive officers.
Other Microchip Technology proxy statements
- 2026 proxy statement
Steve Sanghi paid $40.5M (+89% on the year), pay ratio 698:1.
Filed Jul 06, 2026
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.