How Sanghi was paid
$40.5M in total for 2026, 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 |
|---|---|---|---|---|---|---|
| Steve SanghiChair of the Board, CEO and President | $961,616 | $14,730 | $38,286,419 | $1,220,739 | $18,447 | $40,501,951 |
| Richard J. SimoncicChief Operating Officer | $352,700 | $5,402 | $3,464,138 | $125,359 | $13,736 | $3,961,335 |
| J. Eric BjornholtSenior Corporate VP and CFO | $331,895 | $5,081 | $2,206,224 | $92,633 | $12,211 | $2,648,044 |
| Mathew B. BunkerSenior Corporate VP, Operations | $289,833 | $4,439 | $1,727,471 | $66,224 | $10,672 | $2,098,639 |
| Joseph R. Krawczyk IISenior Corporate VP, Worldwide Client Engagement | $303,074 | $4,641 | $1,392,512 | $69,225 | $14,536 | $1,783,988 |
What changed and why
- $40.5M$40.5M CEO total compensation increased from $21.4M in fiscal 2025, primarily due to equity awards.
- 60%60% of the CEO’s quarterly evergreen RSU grants are performance-based.
- $28.2M$28.2M of permanent CEO appointment awards vest over three years beginning May 15, 2028.
- $20.9M$20.9M interim CEO award was entirely time-based and vests quarterly through February 15, 2028.
- 45.65%45.65% of votes supported say-on-pay at the 2025 annual meeting.
- $1,238.2MNon-GAAP operating income reached $1,238.2 million in fiscal 2026.
Other Microchip Technology proxy statements
- 2025 proxy statement
Steve Sanghi paid $21.4M (+464% on the year), pay ratio 457:1.
Filed Jul 07, 2025
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.