Sundar PichaiSundar Pichai earned $164M in 2023

Necip Sayiner has been a significant player in the tech industry, bringing over 27 years of experience in engineering and leadership. He joined Silicon Laboratories in September 2005 as CEO, transitioning from Agere Systems where he managed various divisions. His...

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Necip Sayiner

Ex-CEO of Silicon Laboratories

Education

Bachelor's degree in Electrical Engineering and Physics from Bosphorus University, Master's degree in Electrical Engineering from Southern Illinois University, Doctorate in Electrical Engineering from the University of Pennsylvania.

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

January 1, 1965 - 60 years ago

CEO of Silicon Laboratories for

6 years 7 months (Sep 2005 - Apr 2012)

Previous Experience

Various leadership roles at Agere Systems Inc.

Holdings

See how much did Necip Sayiner make over time.

Throughout his career, Necip Sayiner has actively invested in Silicon Laboratories. At one point, he held around 191,546 shares worth approximately $8.3 million. His stock portfolio saw significant fluctuations, particularly during pivotal company events that affected market performance. There were...

Jan 24, 2025

Total Stock Sold

$7.18M

SLAB

$5.89M

128,198 SLAB shares

RMBS

$1.29M

27,873 RMBS shares

What if they kept their stock?

If Necip Sayiner didn't sell their stock, today they would have:
Extra SLAB128,198 shares worth $11.43M and RMBS27,873 shares worth $328.62K.
This is 63.74% and $4.58M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Necip Sayiner.

ACLS

1,662 shares

ACLS

May 15, 2024

Received

ACLS

1,162 shares

ACLS

May 15, 2024

Received

RMBS

2,972 shares

RMBS

Apr 1, 2024

Received

ACLS

2,010 shares

ACLS

Mar 15, 2024

Received

RMBS

$574.35K

RMBS at $57.43/share

Nov 6, 2023

Sale

RMBS

3,653 shares

RMBS

Apr 3, 2023

Received

RMBS

$130.80K

RMBS at $45.53/share

Feb 10, 2023

Sale

RMBS

$572.36K

RMBS at $38.16/share

Nov 15, 2022

Sale

RMBS

5,408 shares

RMBS

Apr 1, 2022

Received

RMBS

8,538 shares

RMBS

Apr 1, 2021

Received

Compensation History

See how much did Necip Sayiner make over time.

Necip Sayiner’s compensation package reflects his focus on performance and company growth. In 2011, he received a total compensation of over $3 million, primarily driven by a mix of salary, stock options, and performance-based incentives. His base salary alone was around $597,116. Notably, he did not receive a bonus in several years due to unmet performance metrics. This structure ensured that his financial success was aligned with the company’s achievements, highlighting his role as an accountable leader focused on sustained growth.

Year

2012

Total Compensation

$1.54M

Salary

$391.68K

Board Justification

The compensation philosophy emphasizes performance-based compensation and aligns with company performance and retention strategies.

Bonus

$0.00

Board Justification

No bonus was awarded for the year 2012 as the focus was on performance-based compensation.

Other

$1.14M

Board Justification

This includes a cash severance payment of $1,131,030, COBRA payments of $9,700, $2,500 of employer matching contributions into the Company’s 401(k) Plan and $392 in Company-paid life insurance premiums.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2012 as the focus was on performance-based compensation and stock grants were not included in total calculations.

Performance Metrics

The performance metrics for determining compensation were based on adjusted diluted earnings per share, adjusted revenue, and adjusted gross margin.

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