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Microchip Technology Inc (MCHP.OQ)

MCHP.OQ on NASDAQ Stock Exchange Global Select Market

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Summary

Name Age Since Current Position

Steve Sanghi

62 2016 Chairman of the Board, Chief Executive Officer

Ganesh Moorthy

58 2016 President, Chief Operating Officer

James Bjornholt

47 2009 Chief Financial Officer, Vice President - Finance

Mitchell Little

66 2000 Vice President - Worldwide Sales and Applications

Stephen Drehobl

56 2001 Vice President - MCU8 and Technology Development Division

Richard Simoncic

54 1999 Vice President - Analog Power and Interface Products Division

Matthew Chapman

66 1997 Independent Director

L. Day

72 1994 Independent Director

Esther Johnson

65 2013 Independent Director

Wade Meyercord

76 1999 Independent Director

Deborah Wussler

Investor Relations

Biographies

Name Description

Steve Sanghi

Mr. Steve Sanghi serves as Chairman of the Board, Chief Executive Officer of the Company. He served as President from August 1990 to February 2016 and has served as a director since August 1990. Mr. Sanghi holds an M.S. degree in Electrical and Computer Engineering from the University of Massachusetts and a B.S. degree in Electronics and Communication from Punjab University. In November 2016, Mr. Sanghi joined the Board of Directors of Myomo, Inc., a publicly traded commercial stage medical robotics company that offers expanded mobility for those suffering from neurological disorders and upper-limb paralysis. In February 2018, Mr. Sanghi joined the board of Mellanox Technologies Ltd., a publicly traded supplier of end-to-end Ethernet and InfiniBand intelligent interconnect solutions and services for servers, storage, and hyper-converged infrastructure.

Ganesh Moorthy

Mr. Ganesh Moorthy is President, Chief Operating Officer of the Company. He also served as Executive Vice President from October 2006 to August 2012 and as a Vice President in various roles since he joined Microchip in 2001. Prior to this time, he served in various executive capacities with other semiconductor companies. Mr. Moorthy holds an M.B.A. in Marketing from National University, a B.S. degree in Electrical Engineering from the University of Washington and a B.S. degree in Physics from the University of Mumbai, India. Mr. Moorthy was elected to the Board of Directors of Rogers Corporation in July 2013.

James Bjornholt

Mr. James Eric Bjornholt is Chief Financial Officer, Vice President - Finance of the Company. Mr. Bjornholt has served as Vice President of Finance since 2008 and as Chief Financial Officer since January 2009. He has served in various financial management capacities since he joined Microchip in 1995. Mr. Bjornholt holds a Master's degree in Taxation from Arizona State University and a B.S. degree in Accounting from the University of Arizona.

Mitchell Little

Mr. Mitchell R. Little is Vice President - Worldwide Sales and Applications of Microchip Technology Inc. Mr. Little has served as Vice President, Worldwide Sales and Applications since July 2000. He has been employed by Microchip since 1989 and has served as a Vice President in various roles since September 1993. Mr. Little holds a B.S. degree in Engineering Technology from United Electronics Institute.

Stephen Drehobl

Mr. Stephen V. (Steve) Drehobl is Vice President - MCU8 and Technology Development Division of Microchip Technology Inc. Mr. Drehobl has served as Vice President of the MCU8 and Technology Development Division since July 2001. He has been employed by Microchip since August 1989 and has served as a Vice President in various roles since February 1997. Mr. Drehobl holds a Bachelor of Technology degree from the University of Dayton.

Richard Simoncic

Mr. Richard J. Simoncic is Vice President - Analog Power and Interface Products Division of Microchip Technology Inc. Mr. Simoncic has served as Vice President, Analog Power and Interface Division since September 1999. From October 1995 to September 1999, he served as Vice President in various roles. Since joining Microchip in 1990, Mr. Simoncic held various roles in Design, Device/Yield Engineering and Quality Systems. Mr. Simoncic holds a B.S. degree in Electrical Engineering Technology from DeVry Institute of Technology.

Matthew Chapman

Mr. Matthew W. Chapman serves as Independent Director of Microchip Technology Inc. since May 1997. Since December 2006, he has served as Chief Executive Officer of Northwest Evaluation Association, a not-for-profit education services organization providing computer adaptive testing for millions of students throughout the United States and in 140 other countries. In his career, Mr. Chapman has served as CEO and Chairman of Concentrex Incorporated, a publicly held company specializing in supplying software solutions and service to U.S. financial institutions. Mr. Chapman also serves on the Board of Directors of the Oregon Business Association and Knowledge Alliance, and on the Board of Regents of the University of Portland. The Board of Directors concluded that Mr. Chapman should be nominated to serve as a director due to his significant CEO level experience at several corporations. The Board of Directors also recognizes Mr. Chapman's experience in financial matters and that his background establishes him as an audit committee financial expert under applicable rules and makes him well suited to serve on the Board of Directors’ nominating and governance committee.

L. Day

Mr. L. B. Day serves as Independent Director of Microchip Technology Inc. since December 1994. Mr. Day serves as President of L.B. Day & Company, Inc., a consulting firm whose parent company he co-founded in 1977, which provides strategic planning, strategic marketing and organization design services to the elite of the technology world. He has written on strategic planning and is involved with competitive factor assessment in the semiconductor and other technology market segments, geared to helping client organizations incorporate competitive factor assessment findings into their strategic plans. He has served as a board member or as an advisor to many public and private boards. The Board of Directors concluded that Mr. Day should be nominated to serve as a director due to his significant experience in corporate management and strategic matters. In particular, through his consulting practice, Mr. Day has been a key strategic advisor to a number of large public corporations. The Board of Directors also recognizes Mr. Day's experience in financial matters. The Board of Directors believes that Mr. Day's background makes him well suited to serve on the Board of Directors' nominating and governance committee and compensation committee.

Esther Johnson

Ms. Esther L. Johnson serves as Independent Director of Microchip Technology Incorporated. She has served as a director of Microchip since October 2013. From April 2007 until her April 2012 retirement, Ms. Johnson served as the Vice President and General Manager of Carrier Electronics, a provider of high technology heating, air-conditioning and refrigeration solutions, and a part of United Technology Corporation, a publicly held company that provides high technology products and services to the aerospace and building systems industries. Prior to her position as Vice President and General Manager, since 1983, Ms. Johnson held a variety of other management positions with Carrier Electronics, including Director of Operations and Global Supply Chain Manager. Ms. Johnson was instrumental in Carrier being recognized by Industry Week as one of the "Top 10 Factories in North America." She has served as a board member on multiple private company boards. The Board of Directors concluded that Ms. Johnson should be nominated to serve as a director due to her significant executive level experience in the technology industry. The Board of Directors also recognizes the knowledge and experience Ms. Johnson has gained through her service on the boards of various private companies. The Board of Directors also recognizes Ms. Johnson's experience in financial matters. The Board of Directors believes that Ms. Johnson's background makes her well suited to serve on the Board of Directors' audit committee and nominating and governance committee.

Wade Meyercord

Mr. Wade F. Meyercord serves as Independent Director of Microchip Technology Inc. since June 1999. Since October 2002, he has served as President of Meyercord & Associates, Inc., a privately held management consulting firm specializing in executive compensation matters and stock plan consulting for technology companies, a position he previously held part time beginning in 1987. Mr. Meyercord served as a member of the Board of Directors of Endwave Corporation, a publicly held company, from March 2004 until it was acquired in 2011. Mr. Meyercord served as a member of the Board of Directors of California Micro Devices Corporation, a publicly held company, from January 1993 to October 2009 and Magma Design Automation, Inc., a publicly held company, from January 2004 to June 2005. The Board of Directors concluded that Mr. Meyercord should be nominated to serve as a director due to his significant experience as a senior executive and board member of a number of companies in the technology industry. Mr. Meyercord gained further industry experience through his consulting practice. The Board of Directors believes that Mr. Meyercord's background makes him well suited to serve on the Board of Directors' nominating and governance committee and compensation committee. The Board of Directors also recognizes his experience in financial matters and that his background establishes him as an audit committee financial expert under applicable rules.

Deborah Wussler

Basic Compensation

Name Fiscal Year Total

Steve Sanghi

7,305,350

Ganesh Moorthy

3,495,820

James Bjornholt

995,668

Mitchell Little

1,395,620

Stephen Drehobl

1,428,320

Richard Simoncic

169,256

Matthew Chapman

160,381

L. Day

160,381

Esther Johnson

160,381

Wade Meyercord

160,381

Deborah Wussler

--
As Of  31 Mar 2017

Options Compensation

Name Options Value

Steve Sanghi

110,723 6,855,510

Ganesh Moorthy

42,898 2,664,330

James Bjornholt

14,515 903,100

Mitchell Little

21,751 1,346,650

Stephen Drehobl

25,046 1,550,670

Richard Simoncic

475,136 4,699,597

Matthew Chapman

0 0

L. Day

0 0

Esther Johnson

0 0

Wade Meyercord

0 0

Deborah Wussler

0 0