Michael P. Plisinski has been navigating the world of tech for quite some time. He holds a B.S. in Computer Science from the University of Massachusetts and completed the Advanced Management Program at Harvard. As the CEO of Onto Innovation...
Michael P. Plisinski has been navigating the world of tech for quite some time. He holds a B.S. in Computer Science from the University of Massachusetts and completed the Advanced Management Program at Harvard. As the CEO of Onto Innovation Inc. since late 2017, Plisinski has led the company through a significant phase of growth and transformation, especially after the merger with Rudolph Technologies. In 2023, his total compensation reached $5.65 million, which included a vested stock value of over $6.7 million, showing strong alignment with company performance. Interesting enough, he has significant stock holdings that have fluctuated dramatically over the years, showcasing his commitment to Onto Innovation. Plisinski’s insider trading activities highlighted a gradual increase in the value of his stock holdings to around $33 million by late 2023, reflecting both his confidence in the company's future and the company's stock growth. Under his leadership, the company's revenue has soared, reaching record levels in recent years, with non-GAAP operating income metrics that significantly exceeded benchmarks. This performance is crucial, as it ties directly into his and other executives' compensation, structured through annual incentives based on performance metrics like revenue and operating income. His background and executive decisions indicate a focus on growth and stability, making his tenure noteworthy in the semiconductor industry.