Sundar PichaiSundar Pichai earned $164M in 2023
Q

Cristiano R. Amon

CEO of Qualcomm

Education

B.S. in Electrical Engineering from UNICAMP

Field of Expertise

Technology & Engineering - Engineering

Born

December 1, 1970 - 54 years ago

Economy Sector

Technology

Current Tenure

3 years 9 months (Jul 2021 - Present)

Previous Experience

President of Qualcomm

Cristiano R. Amon has been the CEO of Qualcomm Incorporated since July 1, 2021, stepping up after serving as President. He joined Qualcomm back in 1995 as an engineer, which means he understands the tech inside and out. Amon holds...

Year

2023

Total Compensation

$24.22M

Salary

$1.35M

Board Justification

The compensation philosophy is designed to attract, retain, and motivate executive talent while aligning with stockholder interests. It emphasizes performance-based pay, with a significant portion of compensation tied to the company's performance metrics.

Bonus

$540.00K

Board Justification

The bonus is based on the Annual Cash Incentive Plan (ACIP) performance metrics, which include Adjusted Revenues and Adjusted Operating Income, with a non-financial performance modifier for human capital advancements. The payout for fiscal 2023 was 20% of the target due to lower financial performance compared to the previous year.

Other

$493.94K

Board Justification

Other compensation includes perquisites such as personal use of corporate aircraft, security for personal travel, and other benefits such as life insurance premiums and financial planning services.

Restricted Stock

$21.84M(181.33K RSU)

Board Justification

The vested stock includes Restricted Stock Units (RSUs) that were granted in prior years and vested in fiscal 2023. The total number of shares that vested during the year was 181,332.

Performance Metrics

The performance metrics for determining the CEO's compensation include Adjusted Revenues and Adjusted Operating Income for the ACIP, as well as relative total stockholder return (RTSR) and Adjusted Earnings Per Share (EPS) for performance stock units (PSUs).