How Macricostas was paid
$5M 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 | Other | Total |
|---|---|---|---|---|---|
| George C. MacricostasChairman of the Board and Chief Executive Officer | $492,404 | $675,000 | $3,773,012 | $44,900 | $4,985,316 |
| Frank LeePresident – PDMC and former Chief Executive Officer | $783,832 | $509,484 | $1,929,600 | $28,914 | $3,222,906 |
| H.K. ParkSenior Vice President and General Manager of FPD Operations | $324,164 | $205,553 | $916,560 | $11,381 | $1,446,276 |
| Christopher J. ProglerExecutive Vice President, Chief Technology Officer, Strategic Planning | $445,805 | — | $675,360 | $27,463 | $1,148,628 |
| Eric RiveraExecutive Vice President and Chief Financial Officer | $410,789 | $340,209 | $1,342,160 | $50,575 | $2,144,733 |
| David WangSenior Vice President, COO of IC Operations | $332,625 | $233,652 | $916,560 | $36,582 | $1,498,436 |
What changed and why
- $5MGeorge C. Macricostas served as CEO effective May 28, 2025, receiving total compensation of $4,985,316 for the fiscal year.
- $3.2MFrank Lee transitioned from CEO to President of PDMC, with total compensation of $3,222,906 in fiscal 2025.
- Stock awards were determined using the closing price of Common Stock on the grant date.
- The ratio of CEO to median employee annual total compensation was estimated at 127 to 1.
- 89.8%At the 2025 annual meeting, 89.8% of votes cast approved executive compensation.
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.