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...

Current Market Cap

$3.18B

Number of Employees

1.85K

Total Compensation

2008 - 2012

Trending down by -25.21% last year
Showing total compensation for the last 2008 - 2012

Stock

Down by -100.00% last year

Salary

Down by -34.40% last year

Bonus

Up by 0.00% last year

Other

Up by 1814.33% last year

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.

SEC Filing

From March 7, 2013

Necip Sayiner

Ex-CEO of Silicon Laboratories

NS

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

Born

January 1, 1965 - 59 years ago

Is Founder?

No

Tenure

6 years 7 months (Sep 2005 - Apr 2012)

Previous Experience

Various leadership roles at Agere Systems Inc.

View Holdings

Insider Holdings of Necip Sayiner

ACLSRMBSSLAB

$23.93M

-$3.56M (-12.94%)

Last Insider Trade

ACLS

1,662 shares

ACLS

May 15, 2024

Received