Sundar PichaiSundar Pichai earned $164M in 2023
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Michael Hsing

CEO of Monolithic Power Systems

Education

B.S. in Electrical Engineering from the University of California, Berkeley

Field of Expertise

Technology & Engineering - Engineering

Born

January 1, 1969 - 56 years ago

Economy Sector

Technology

Current Tenure

21 years 1 month (Jan 2004 - Present)

Previous Experience

Prior to joining Monolithic Power Systems, Inc., Michael Hsing held various positions in the semiconductor industry, including roles at Advanced Micro Devices and other technology companies.

Michael Hsing is the CEO and co-founder of Monolithic Power Systems, Inc. (MPWR), a leading power management technology company. He has a background in electrical engineering, earning his B.S. degree from the University of California, Berkeley. Hsing started MPS in...

Year

2023

Total Compensation

$2.34M

Salary

$831.60K

Board Justification

The compensation philosophy focuses on aligning executive pay with performance metrics and long-term value creation for stockholders, emphasizing accountability and retention.

Bonus

$1.51M

Board Justification

The bonus is based on achieving 90.7% of the target bonus tied to non-GAAP operating income metrics, with a target bonus of 200% of annual base salary.

Other

$0.00

Board Justification

No additional compensation reported outside of salary, bonus, and stock awards.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the focus is on performance-based equity awards that vest based on future performance metrics.

Performance Metrics

The primary performance metric for the bonus was non-GAAP operating income, with a target of $660.3 million.