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...

Current Market Cap

$43.41B

Number of Employees

3.56K

Total Compensation

2019 - 2023

Trending down by -65.60% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 10.00% last year

Bonus

Down by -75.05% last year

Other

Up by 0.00% last year

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.

SEC Filing

From April 29, 2024

Michael Hsing

CEO of Monolithic Power Systems

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Education

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

Field of Expertise

Technology & Engineering - Engineering

Born

January 1, 1969 - 55 years ago

Is Founder?

No

Current Tenure

20 years 9 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.

View Holdings

Insider Holdings of Michael Hsing

MPWR

$914.45M

$267.76M (41.41%)

Last Insider Trade

MPWR

$82.33K

MPWR at $823.27/share

Aug 9, 2024

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