Richard Clemmer was the CEO of NXP Semiconductors from May 2009 to May 2020. Under his leadership, NXP became a top player in the semiconductor market, focusing on making chips for automotive technologies. After his CEO role, he served as...

Richard Clemmer was the CEO of NXP Semiconductors from May 2009 to May 2020. Under his leadership, NXP became a top player in the semiconductor market, focusing on making chips for automotive technologies. After his CEO role, he served as a strategic advisor, helping guide the company during a transitional phase. Clemmer earned $2.25 million in 2020, with a large part coming from stock awards—specifically, 123,214 shares worth over $15 million. However, he didn’t receive a cash bonus that year because the company missed its performance targets. Before leading NXP, he built a career in engineering and management, earning a degree in Electrical Engineering from the University of Illinois. Clemmer also played a significant role in NXP's major merger with Freescale Semiconductor in 2015, which boosted their market presence significantly. His tenure is marked by a strong focus on innovation and sustainability, which continue to be key values for NXP. Clemmer's insights on industry trends have been valuable in maintaining the company’s position in a rapidly changing tech environment.