Donald McClymont

Founder and CEO of indie Semiconductor, Inc.

Education

Masters in Engineering Electronics and Electrical from the University of Glasgow

Field of Expertise

Technology & Engineering - Engineering

Born

January 1, 1969 - 56 years ago

Economy Sector

Technology

Current Tenure

13 years 2 months (Jan 2012 - Present)

Previous Experience

Vice President of Marketing at Axiom Microdevices

Donald McClymont is the CEO of indie Semiconductor, Inc., where he has been leading the company since June 2021. He holds a Bachelor’s degree in Electrical Engineering from Stanford University, which sets a solid technical foundation for his role in the semiconductor industry. Over recent years, indie Semiconductor has seen impressive growth, notably doubling its revenue in fiscal 2023 amidst a tough automotive and semiconductor market. This remarkable growth caught the attention of Morgan Stanley, recognizing the company as the fastest-growing semiconductor supplier globally.

Year

2022

Total Compensation

$2.74M

Salary

$400.00K

Board Justification

The compensation philosophy emphasizes aligning executive compensation with company performance and shareholder value, focusing on a mix of base salary, annual cash incentives, and long-term equity incentives.

Bonus

$0.00

Board Justification

No annual cash incentive payment was awarded under the 2023 Incentive Plan due to not meeting the Operating Income Component.

Other

$19.20K

Board Justification

Includes Company matching contributions under the 401(k) Plan and costs associated with the executive medical cost reimbursement program.

Restricted Stock

$2.32M(286.5K RSU)

Board Justification

Time-based RSUs that vest in four equal annual installments, the first of which occurs on the first anniversary of the effective date of the grant.

Performance Metrics

The performance metrics include revenue growth versus a predetermined peer group and non-GAAP operating income.