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David J. Aldrich has had a long and impactful career in the tech industry, primarily at Skyworks Solutions, where he served as CEO until 2016. With a Bachelor's degree in Electrical Engineering from the University of Massachusetts Amherst, he brings...

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David J. Aldrich

Ex-CEO of Skyworks Solutions

Education

Bachelor's degree in Electrical Engineering from the University of Massachusetts Amherst

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

May 6, 1951 - 73 years ago

CEO of Skyworks Solutions for

8 years 3 months (Jan 2008 - May 2016)

Previous Experience

President and Chief Executive Officer of Skyworks Solutions, Inc.

Holdings

See how much did David J. Aldrich make over time.

David J. Aldrich has actively traded significant amounts of stock in Skyworks Solutions, reflecting his confidence in the company. His holdings peaked at about $28 million in value in 2021. This value fluctuated over the years, starting from a low...

Total Stock Sold

$185.49M

SWKS

$185.49M

3,449,911 SWKS shares

What if they kept their stock?

If David J. Aldrich didn't sell their stock, today they would have:
Extra SWKS3,449,911 shares worth $310.32M.
This is 67.29% and $124.83M more than what they got when they sold the stock.

Charitable Transactions

SWKS

36,472 shares

SWKS

Recent Charitable Transactions

SWKS

7,563 shares

SWKS

Oct 2, 2020

Charity

SWKS

15,223 shares

SWKS

Sep 29, 2017

Charity

SWKS

4,741 shares

SWKS

Oct 3, 2014

Charity

SWKS

4,445 shares

SWKS

Sep 27, 2013

Charity

SWKS

3,500 shares

SWKS

Sep 28, 2012

Charity

SWKS

1,000 shares

SWKS

Jun 14, 2011

Charity

Insider Trading

See recent insider trades of David J. Aldrich.

SWKS

$2.18M

SWKS at $144.42/share

Aug 5, 2020

Sale

SWKS

7,563 shares

SWKS

Oct 2, 2020

Charity

SWKS

$901.68K

SWKS at $119.27/share

Jan 3, 2020

Sale

SWKS

$3.65M

SWKS at $121.64/share

Dec 27, 2019

Sale

SWKS

$3.53M

SWKS at $117.65/share

Dec 20, 2019

Sale

SWKS

$4.98M

SWKS at $110.61/share

Dec 11, 2019

Sale

SWKS

$1.01M

SWKS at $101.06/share

Dec 6, 2019

Sale

SWKS

$987.05K

SWKS at $98.71/share

Nov 29, 2019

Sale

SWKS

$3.89M

SWKS at $97.34/share

Nov 22, 2019

Sale

SWKS

$991.25K

SWKS at $99.13/share

Nov 15, 2019

Sale

Compensation History

See how much did David J. Aldrich make over time.

David J. Aldrich's compensation at Skyworks Solutions varied significantly over the years. In 2015, he earned around $1.1 million, which included a hefty bonus of $2.3 million tied to the company’s performance. This fee structure was reflective of his belief in pay for performance. However, by 2016, his total compensation dropped to $838,000, mainly due to a lack of short-term performance-based bonuses, illustrating the tough reality of not meeting financial goals. Even though his stock awards and bonuses fluctuated, his consistent focus remained on aligning his wealth with the success of Skyworks, linking his financial rewards directly to corporate achievements. His strategic role emphasized both salary and performance incentives, ensuring his interests were well-aligned with those of the company's shareholders.

Year

2016

Total Compensation

$838.02K

Salary

$822.98K

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with the company's performance and stockholder interests.

Bonus

$0.00

Board Justification

No short-term compensation awards were paid to the Named Executive Officers due to failure to achieve the nominal non-GAAP operating income performance goal in fiscal year 2016.

Other

$15.04K

Board Justification

Includes contributions to the executive's 401(k) Plan account, the cost of group term life insurance premiums, financial planning services, and dividend accruals on unvested shares of restricted stock.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards were vested in 2016 as the focus is on the total compensation excluding stock grants.

Performance Metrics

The performance metrics for determining compensation included revenue, non-GAAP gross margin, and non-GAAP free cash flow targets.

Other Skyworks Solutions CEOs

Here are other CEOs of Skyworks Solutions