Sundar PichaiSundar Pichai earned $164M in 2023

Gregory S. Smith is the CEO of Teradyne, Inc., a leader in automated test equipment and robotics solutions. He stepped into this role on February 1, 2023, after being with the company since 2006. Smith has a solid background in...

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Gregory S. Smith

CEO of Teradyne, Inc.

Education

Bachelor's degree in Business Administration from the University of Massachusetts Amherst

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

December 1, 1963 - 61 years ago

CEO of Teradyne, Inc. for

2 years 2 months (Feb 2023 - Present)

Previous Experience

President of Teradyne's Industrial Automation Group

Holdings

See how much did Gregory S. Smith make over time.

Gregory S. Smith's holdings in Teradyne reflect his strong commitment to the company’s vision. His stock holdings have seen some fluctuations over the years. For instance, in January 2020, his stock holdings reached a notable value of $6.03 million. As...

Total Stock Sold

$9.82M

TER

$9.82M

110,707 TER shares

What if they kept their stock?

If Gregory S. Smith didn't sell their stock, today they would have:
Extra TER110,707 shares worth $6.55M.
This is -33.26% and $3.27M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Gregory S. Smith.

TER

26,773 shares

TER

Jan 31, 2025

Received

TER

4,014 shares

TER

Jan 28, 2025

Received

TER

$400.40K

TER at $130.00/share

Jan 3, 2025

Sale

TER

$400.40K

TER at $130.00/share

Dec 16, 2024

Sale

TER

$409.02K

TER at $132.80/share

Oct 1, 2024

Sale

TER

$400.40K

TER at $130.00/share

Sep 11, 2024

Sale

TER

29,168 shares

TER

Feb 1, 2024

Received

TER

5,637 shares

TER

Jan 24, 2024

Received

TER

21,752 shares

TER

Jan 27, 2023

Received

TER

15,433 shares

TER

Jan 23, 2023

Received

Compensation History

See how much did Gregory S. Smith make over time.

In 2023, Gregory S. Smith earned a total compensation of $10.11 million as the CEO of Teradyne, which combines his base salary of $850,000 with performance-based bonuses and stock options. His bonus was tied to the company's performance metrics, which resulted in a payout of 69% of the target, reflecting the challenges faced by Teradyne in the semiconductor landscape. Smith received 20,530 vested stock units worth approximately $2.1 million as part of his rewards, demonstrating a significant link between his earnings and the company's success. This payment structure aligns the interests of executives with shareholders, focusing on the company’s performance metrics like profit and revenue growth. The compensation strategy is built to attract and retain top talent while also motivating executives to achieve strategic business goals. Smith's package is indicative of the competitive nature of leadership in the tech industry, where compensation can vary widely with performance outcomes.

Year

2023

Total Compensation

$3.29M

Salary

$850.00K

Board Justification

The compensation program aims to attract, retain, and motivate high-performing employees by linking a significant portion of compensation to company and business unit performance, ensuring alignment with shareholder interests.

Bonus

$317.69K

Board Justification

Performance-based variable cash compensation based on company performance metrics, resulting in a payout of 69% of target for 2023.

Other

$14.33K

Board Justification

Includes company contributions to defined contribution plans and life insurance premiums.

Restricted Stock

$2.11M(20.53K RSU)

Board Justification

Time-based restricted stock units that vested in 2023, with a total of 21,752 RSUs granted, vesting in equal installments over four years.

Performance Metrics

Performance-based variable compensation tied to PBIT, two-year rolling revenue growth rate, and strategic business objectives.

Other Teradyne, Inc. CEOs

Here are other CEOs of Teradyne, Inc.