Sundar PichaiSundar Pichai earned $164M in 2023
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Chi-Foon Chan

CEO of PDF Solutions

Education

Bachelor's degree in Electrical Engineering from the University of California, Berkeley

Field of Expertise

Technology & Engineering - Engineering

Economy Sector

Technology

Current Tenure

1 year 2 months (Dec 2023 - Present)

Previous Experience

President, Co-CEO of Synopsys, Inc.

Chi-Foon Chan is a well-known figure in the tech industry with a solid track record in executive leadership. He served as Co-CEO of Synopsys, Inc. from 2012 to 2022, where he successfully aligned executive pay with company performance, aiming to...

Year

2023

Total Compensation

$3.13M

Salary

$625.00K

Board Justification

The compensation philosophy for the CEO aligns with performance metrics that drive long-term value creation and retention strategies, ensuring competitive compensation relative to peers.

Bonus

$2.50M

Board Justification

The cash incentive target opportunity for Chi-Foon Chan was set at 200% of his base salary, with actual cash incentive payments based on performance against pre-established financial and organizational goals for fiscal 2023.

Other

$0.00

Board Justification

No other compensation was reported for Chi-Foon Chan in 2023 as he was not in an active role during this fiscal year.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as Chi-Foon Chan's unvested awards terminated upon his departure from the CEO role in June 2022.

Performance Metrics

The performance metrics for Chi-Foon Chan's compensation were based on achieving specific financial and organizational goals set by the Compensation Committee.