Mark J. Murphy was the Chief Financial Officer at Qorvo, Inc. from May 2019 until April 2022, when he resigned to join Micron Technology as their CFO. His tenure was marked by significant fluctuations in his equity holdings. In the...

Number of Employees

8.5K

Year

2022

Total Compensation

$564.08K

Salary

$555.38K

Board Justification

The compensation philosophy emphasizes performance-based compensation aligned with company goals and shareholder interests, with a focus on retaining key executives.

Bonus

$0.00

Board Justification

No bonus was earned for fiscal year 2022 as he resigned before the performance period ended.

Other

$8.70K

Board Justification

This amount represents company matching contributions to the accounts of Mr. Murphy under the 401(k) plan.

Restricted Stock

$0.00(0 RSU)

Board Justification

Mr. Murphy forfeited all unvested equity awards upon his resignation effective April 18, 2022.

Performance Metrics

The performance metrics for the short-term incentive plan were based on revenue and non-GAAP operating income.

SEC Filing

From June 28, 2023