On Semiconductor (ON) executive compensation, 2026 proxy

Hassane El-Khoury, President and Chief Executive Officer, was paid $17.7M in 2025, down 43% from $31.1M the year before. The CEO-to-median-employee pay ratio was 1,257:1, on median employee pay of $14,060.

Filed
April 2, 2026
Annual meeting
May 14, 2026
Pay year
2025
Named executives
4
CEO total pay
$17.7M-43% vs prior year
CEO to median employee
1,257:1median $14,060
CEO pay in equity
93%$16.4M in awards
2025 Revenue
$6.0BGenerated 47% from PSG
Free Cash Flow
$1.4BAchieved record high margin of 24%
CEO Stock Awards
$16,436,467Grant date fair value

How El-Khoury was paid

$17.7M 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.

Salary7%Stock awards93%All other compensation0%

Named executive officers

ExecutiveTotal
Hassane El-KhouryPresident and Chief Executive Officer$17,678,866
Thad TrentExecutive Vice President and Chief Financial Officer$7,094,999
Sudhir GopalswamyGroup President, AMG and ISG$5,437,513
Simon KeetonGroup President, PSG$5,331,432

What changed and why

  • $17.7MCEO total compensation decreased to $17,678,866 in 2025 from $31,131,178 in 2024.
  • Hassane El-Khoury elected to forgo his 2025 short-term cash incentive payout.
  • $6.0BCompany revenue for 2025 was $6.0 billion with $1.4 billion of free cash flow.
  • Stock awards comprise the vast majority of executive compensation packages.
  • Performance-based restricted stock units and time-based RSUs were granted under the 2025 LTI program.

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.