Sundar PichaiSundar Pichai earned $164M in 2023
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Mark E. Jagiela

Ex-CEO of Teradyne, Inc.

Education

Bachelor's degree in Electrical Engineering from the University of Massachusetts Amherst

Field of Expertise

Technology & Engineering - Engineering

Born

July 30, 1963 - 61 years ago

Economy Sector

Technology

Tenure

9 years 0 months (Jan 2014 - Feb 2023)

Previous Experience

President of Teradyne's Semiconductor Test Division

Mark E. Jagiela served as CEO of Teradyne, Inc. from January 31, 2014, until February 1, 2023. He has a solid background in engineering, holding a Bachelor's degree in Electrical Engineering from the University of Massachusetts Amherst. Before becoming CEO,...

Year

2023

Total Compensation

$14.37M

Salary

$85.54K

Board Justification

The compensation philosophy emphasizes alignment with company performance and shareholder interests, with a focus on long-term value creation.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 due to retirement.

Other

$308.11K

Board Justification

This amount represents the change in pension value under the Retirement Plan and SERP.

Restricted Stock

$13.97M(135.87K RSU)

Board Justification

135,867 shares of stock vested in 2023 as part of the retirement agreement, which allows continued vesting of unvested time-based restricted stock units until January 31, 2026.

Performance Metrics

Performance metrics for 2023 included company-wide PBIT and revenue growth, which were not met due to market conditions.