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...

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 1997, and since then, he has led the company through significant growth. Under his leadership, MPS went public in 2004, and since then, its market capitalization has seen impressive increases. Michael holds numerous patents related to power electronics, showcasing his innovative contributions to the industry. In 2023, he earned a total compensation of $2,384,605, which included a substantial bonus based on achieving high operational income goals. Notably, his insights into the semiconductor business are crucial for the company's strategic direction and performance. Hsing's insider trading activity also reflected his confidence in MPS, with his holdings peaking at $881.14 million in August 2024, emphasizing a strong belief in the company's future.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

M

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

Sector of Economy

Technology

Born

January 1, 1969 - 56 years ago

CEO of Monolithic Power Systems for

21 years 3 months (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.

Rivals

Competitors/colleagues of Michael Hsing

N

Kurt Sievers

CEO of NXP Semiconductors

2023 Compensation

Stock

$7.50M

Salary

$1.50M

Bonus

$2.50M

Other

$500.00K

Total Holdings

$47.01M

A

Gary E. Dickerson

CEO of Applied Materials

2023 Compensation

Stock

$40.73M

Salary

$1.03M

Bonus

$1.63M

Other

$241.98K

Total Holdings

$259.00M

A

Sundar Pichai

CEO of Alphabet Inc.

2023 Compensation

Stock

$155.42M

Salary

$2.00M

Bonus

$0.00

Other

$6.80M

Total Holdings

$459.19M

A

Jayshree Ullal

CEO of Arista Networks

2023 Compensation

Stock

$15.05M

Salary

$300.00K

Bonus

$200.00K

Other

$10.40K

Total Holdings

$3.15B

M

Steve Sanghi

CEO of Microchip Technology

2021 Compensation

Stock

$3.74M

Salary

$484.88K

Bonus

$38.13K

Other

$18.27K

Total Holdings

$548.04M

N

Jen-Hsun Huang

Founder and CEO of Nvidia

2023 Compensation

Stock

$61.63M

Salary

$1.00M

Bonus

$4.00M

Other

$2.49M

Total Holdings

$99.30B

Holdings

See how much did Michael Hsing make over time.

Michael Hsing's holdings have seen significant fluctuations over the years, particularly between 2019 and 2024. His wealth in stock peaked at $881.14 million in August 2024. At that time, Hsing invested heavily in MPS, reflecting his confidence in the company....

Michael Hsing's holdings have seen significant fluctuations over the years, particularly between 2019 and 2024. His wealth in stock peaked at $881.14 million in August 2024. At that time, Hsing invested heavily in MPS, reflecting his confidence in the company. His stock value steadily increased through various milestones, such as reaching $654.9 million in April 2024. There have been notable declines too; for example, around $61 million was recorded in April 2022, showcasing the ups and downs typical of the market. Overall, his trading activity demonstrates a long-term commitment to MPS, complemented by his visionary leadership and strategic contributions to the semiconductor industry.

Total Stock Sold

$648.01M

MPWR

$648.01M

4,247,329 MPWR shares

What if they kept their stock?

If Michael Hsing didn't sell their stock, today they would have:
Extra MPWR4,247,329 shares worth $722.05M.
This is 11.43% and $74.04M more than what they got when they sold the stock.

Charitable Transactions

MPWR

12,825 shares

MPWR

Recent Charitable Transactions

MPWR

12,825 shares

MPWR

Dec 29, 2020

Charity

Insider Trading

See recent insider trades of Michael Hsing.

MPWR

$1.86M

MPWR at $717.10/share

Feb 10, 2025

Sale

MPWR

$16.75M

MPWR at $700.00/share

Feb 7, 2025

Sale

MPWR

$2.55M

MPWR at $700.00/share

Jan 24, 2025

Sale

MPWR

$2.15M

MPWR at $765.15/share

Nov 8, 2024

Sale

MPWR

$3.52M

MPWR at $826.86/share

Aug 9, 2024

Sale

MPWR

$2.17M

MPWR at $778.39/share

Aug 8, 2024

Sale

MPWR

$7.99M

MPWR at $831.58/share

Jul 22, 2024

Sale

MPWR

$2.14M

MPWR at $802.10/share

Jul 1, 2024

Sale

MPWR

$5.84M

MPWR at $730.12/share

Jun 3, 2024

Sale

MPWR

$1.95M

MPWR at $690.00/share

May 8, 2024

Sale

Compensation History

See how much did Michael Hsing make over time.

In 2023, Michael Hsing received a total compensation package amounting to $2,384,605. This included a base salary of $831,600 and a hefty bonus of $1,508,005, which was largely dependent on the company's performance against financial targets. Notably, the bonus reflected Hsing meeting 90.7% of the target linked to non-GAAP operating income, indicating his direct impact on the company's success. Interestingly, Hsing's philosophy revolves around aligning executive compensation with performance metrics, emphasizing accountability and retention. Over the years, his compensation has varied significantly due to performance-based equity awards, showing how integral he is to Monolithic Power Systems' ongoing growth.

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.