How Brace was paid
$24.5M 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 |
|---|---|---|---|---|---|
| Philip G. BraceChief Executive Officer and President | $571,154 | $22,608,588 | $1,155,048 | $201,816 | $24,536,606 |
| Philip CarterSenior Vice President and Chief Financial Officer | $91,435 | $4,684,079 | $3,804 | — | $4,779,318 |
| Reza KasnaviExecutive Vice President, Chief Operations and Technology Officer | $685,386 | $4,452,408 | $773,934 | $17,360 | $5,929,088 |
| Robert J. TerrySenior Vice President, General Counsel and Secretary | $593,950 | $3,180,279 | $605,469 | $39,864 | $4,419,562 |
| Karilee A. DurhamSenior Vice President, Human Resources | $537,193 | $2,756,209 | $548,544 | $40,131 | $3,882,077 |
| Liam K. GriffinFormer Chairman, Chief Executive Officer & President | $745,675 | $10,416,730 | $13,554,636 | — | $24,717,041 |
| Kris SennesaelFormer Senior Vice President and Chief Financial Officer | $410,885 | $5,724,546 | $20,521 | — | $6,155,952 |
| Robert A. SchriesheimFormer Interim Chief Financial Officer | $173,077 | $899,956 | $309,977 | — | $1,383,010 |
What changed and why
- Philip G. Brace became Chief Executive Officer and President effective February 17, 2025.
- $24.5MTotal compensation for CEO Philip G. Brace was $24,536,606 for fiscal year 2025.
- Stockholders approved a business combination agreement with Qorvo, Inc. in February 2026.
- 91%Approximately 91% of votes cast approved the say-on-pay proposal at the 2025 annual meeting.
- Performance and vesting periods for EBITDA margin metrics were increased from two to three years.
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.