How Kelsey was paid
$10.8M in total for fiscal 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 | Incentive | Other | Total |
|---|---|---|---|---|---|
| Todd P. KelseyPresident & CEO | $1,100,000 | $7,766,185 | $1,671,694 | $301,379 | $10,839,258 |
| Patrick J. JermainExecutive VP & CFO | $640,000 | $1,999,079 | $612,392 | $136,856 | $3,388,327 |
| Oliver K. MihmExecutive VP & COO | $606,154 | $1,849,356 | $599,760 | $141,253 | $3,196,523 |
| Angelo M. NinivaggiExecutive VP, CAO & Secretary | $556,538 | $1,125,696 | $508,242 | $128,323 | $2,318,799 |
| Victor (Pang Hau) TanRegional President - APAC | $512,186 | $849,815 | $409,948 | $139,095 | $1,911,044 |
What changed and why
- $10.8MCEO total compensation increased to $10,839,258 in fiscal 2025 from $8,386,388 in fiscal 2024.
- $4.03BRevenue reached $4.03B and diluted earnings per share were $6.26 for fiscal 2025.
- Stock awards for the CEO rose due to higher grant date fair values of RSUs and PSUs.
- Annual cash incentives under the VICP were earned above target levels based on financial performance.
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.