Technology
Semiconductors
$14.48B
10.1K
Key insights and themes extracted from this filing
The Compensation Committee uses a blend of emerging revenue growth, EBITDA margin, and TSR percentile ranking to incentivize executives, aligning their compensation with key performance indicators and shareholder value. The committee also considers stockholder feedback when making changes to executive compensation programs, demonstrating responsiveness to investor concerns.
Named Executive Officers are required to hold shares with a fair market value equal to a multiple of their base salary, aligning their interests with long-term shareholder value creation. This requirement encourages executives to focus on sustainable growth and profitability.
The company has adopted policies to recover incentive-based compensation from executive officers in the event of material noncompliance with financial reporting requirements, promoting accountability and ethical behavior. These policies aim to ensure that executives are held responsible for their actions and that any ill-gotten gains are returned to the company.