Sundar PichaiSundar Pichai earned $164M in 2023

John M. Forsyth has been the Chief Executive Officer of Cirrus Logic, Inc. since January 1, 2021. He originally joined the company in 2014 through the acquisition of Wolfson Microelectronics, where he contributed significantly as the Vice President of Audio...

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John M. Forsyth

CEO of Cirrus Logic

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

January 1, 1973 - 52 years ago

CEO of Cirrus Logic for

4 years 3 months (Jan 2021 - Present)

Previous Experience

Vice President of Audio Products, Vice President of Product Marketing, Chief Strategy Officer

Holdings

See how much did John M. Forsyth make over time.

John M. Forsyth's stock holdings have seen notable fluctuations since he became CEO of Cirrus Logic. In early 2024, his holdings reached impressive values of over $21 million, reflecting confidence in the company’s future. His insider trading activities reveal he...

Jan 14, 2025

Total Stock Sold

$2.26M

CRUS

$2.26M

30,624 CRUS shares

What if they kept their stock?

If John M. Forsyth didn't sell their stock, today they would have:
Extra CRUS30,624 shares worth $2.05M.
This is -9.15% and $206.49K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of John M. Forsyth.

CRUS

$518.11K

CRUS at $79.71/share

Aug 17, 2021

Purchase

CRUS

$221.52K

CRUS at $89.00/share

Jan 6, 2021

Sale

CRUS

$359.47K

CRUS at $85.00/share

Jan 4, 2021

Sale

CRUS

$295.06K

CRUS at $73.76/share

Nov 3, 2020

Sale

CRUS

$112.50K

CRUS at $75.00/share

Aug 3, 2020

Sale

CRUS

$112.50K

CRUS at $75.00/share

May 5, 2020

Sale

CRUS

$541.59K

CRUS at $72.01/share

Nov 13, 2019

Sale

CRUS

$644.29K

CRUS at $68.65/share

Nov 4, 2019

Sale

Compensation History

See how much did John M. Forsyth make over time.

In 2022, John M. Forsyth's total compensation at Cirrus Logic was around $2.23 million. This included a base salary of $700,000 and a substantial bonus of $350,000, which was tied to the company's performance metrics. He also received nearly $2.23 million in vested stock, mainly from Performance-Based Restricted Stock Units (PBRSUs). The compensation structure is designed to motivate executives while aligning their interests with shareholders, focusing on long-term company performance. The company's compensation philosophy aims to ensure that key executives, like Forsyth, are rewarded for achieving strategic objectives and driving shareholder value. Over his tenure, his pay has been adjusted to reflect his increasing responsibilities and leadership role within Cirrus Logic.

Year

2022

Total Compensation

$3.30M

Salary

$700.00K

Board Justification

The compensation philosophy is designed to attract and retain executives while aligning their interests with those of stockholders, focusing on performance-based compensation tied to company performance metrics.

Bonus

$350.00K

Board Justification

The bonus is based on the company's performance under the Incentive Plan, with a target of 50% of the annual base salary, resulting in a total cash compensation of $1,400,000 for the fiscal year 2023.

Other

$11.65K

Board Justification

Other compensation includes contributions to the 401(k) plan, health savings account contributions, and insurance premiums.

Restricted Stock

$2.23M(23.17K RSU)

Board Justification

The stock awards that vested in 2023 include Performance-Based Restricted Stock Units (PBRSUs) and Restricted Stock Units (RSUs) granted in previous years, with a total value of $2,234,918 based on the closing market price of the stock on March 24, 2023.

Performance Metrics

The performance metrics include Operating Profit Margin and revenue growth, which determine the cash bonus payout percentages.

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