Maxlinear (MXL) executive compensation, 2026 proxy

Kishore Seendripu, Ph.D., Chairman, President and Chief Executive Officer, was paid $7.8M in 2025, down 70% from $26.4M the year before. The CEO-to-median-employee pay ratio was 55:1, on median employee pay of $142,349.

Filed
April 2, 2026
Annual meeting
May 20, 2026
Pay year
2025
Named executives
4
CEO total pay
$7.8M-70% vs prior year
CEO to median employee
55:1median $142,349
CEO pay in equity
91%$7.1M in awards
Prior say-on-pay support
65%of votes cast
CEO 2025 Total Compensation
$7.82MDecrease from prior year
CEO Pay Ratio
55:1Based on median employee
Median Employee Pay
$142,349Annual total compensation
Say-on-Pay Support
64.95%Prior year vote participation

How Ph.D. was paid

$7.8M 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.

Salary9%Stock awards91%All other compensation0%

Named executive officers

ExecutiveTotal
Kishore Seendripu, Ph.D.Chairman, President and Chief Executive Officer$7,817,568
Steven LitchfieldChief Financial Officer and Chief Corporate Strategy Officer$3,310,740
Connie KwongCorporate Controller and Principal Accounting Officer$901,963
William G. TorgersonVice President and General Manager Broadband Group$1,113,966

What changed and why

  • $26.4MCEO total compensation decreased from $26,387,151 in 2024 to $7,817,568 in 2025 following prior year retention awards.
  • 50%The compensation committee engaged with shareholders representing over 50% of outstanding shares regarding executive pay.
  • Performance equity awards now incorporate annual revenue and operating income goals measured over three years.
  • Stockholders are asked to approve an amendment and restatement of the 2010 Equity Incentive Plan.

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.