Feng-Ming Wang, known as Fermi, is the CEO of Ambarella, Inc., a company famous for its video processing technology used in drones and security cameras. Fermi earned his Ph.D. in Electrical Engineering from Stanford, a solid foundation for leading an...
Feng-Ming Wang, known as Fermi, is the CEO of Ambarella, Inc., a company famous for its video processing technology used in drones and security cameras. Fermi earned his Ph.D. in Electrical Engineering from Stanford, a solid foundation for leading an innovative tech firm. Under his leadership, Ambarella saw its revenue grow significantly and achieve impressive profits. In fiscal year 2015, the company posted revenue of $218 million and an operating profit of $51.9 million, showcasing a strong performance that reached beyond expectations. Fermi's approach ties executive compensation directly to performance metrics like revenue and profit, which keeps everyone focused on the company’s goals. Interestingly, his base salary has been consistent at around $340,000, but he has received performance-based bonuses that can significantly boost his total earnings, reflecting his belief in aligning interests with shareholders. The company has a serious focus on growth, innovation, and long-term success, values clearly reflected in Fermi's strategy. He is also committed to equity compensation for executives, ensuring that they’re invested in the company's performance, making them more accountable for their roles.