Gideon Wertheizer was the CEO of CEVA, Inc., a semiconductor company, where he served for over two decades. He holds a Bachelor's degree in Electrical Engineering and has a strong background in engineering. Under his leadership, the company focused on...
Gideon Wertheizer was the CEO of CEVA, Inc., a semiconductor company, where he served for over two decades. He holds a Bachelor's degree in Electrical Engineering and has a strong background in engineering. Under his leadership, the company focused on performance-based growth, which influenced his compensation structure. In 2022, his total compensation package was around $2.06 million, mostly due to his salary and bonus tied to company performance metrics like revenue and earnings. Interestingly, Wertheizer witnessed a significant drop in his bonus from $410,000 in 2021 to about $295,000 in 2022 as the company did not meet its revenue targets. Moreover, he had an impressive history with stock options, including the strategic decision to exercise 285,416 options worth approximately $5.68 million, indicating his strong belief in the company's future. He resigned from the board in 2024, marking the end of an era after his extensive service in the company.