At one point, Richard Clemmer held a substantial number of shares in NXP Semiconductors, especially during his time as CEO. In 2020, he vested 123,214 restricted stock units (RSUs), which were valued at over $15 million at the time of...
At one point, Richard Clemmer held a substantial number of shares in NXP Semiconductors, especially during his time as CEO. In 2020, he vested 123,214 restricted stock units (RSUs), which were valued at over $15 million at the time of vesting. This high number reflected his longstanding commitment and investment in the company. However, his wealth in NXP shares fluctuated as he transitioned from CEO to advisor, and with the company facing performance challenges, the stock's future value became uncertain. Clemmer's strategic decisions during the merger with Freescale also influenced his equity holdings. Now, as he continues his advisory role, his stock position emphasizes the alignment of interests between executives and shareholders, showcasing the potential gains from being part of a growing tech company like NXP.