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Alpha & Omega Semiconductor Executive Compensation (FY26)

AOSL · Sunnyvale, CA · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026
◇
Stephen Chang
Latest say-on-pay support
=
November 11, 2025
Chief executive pay ratio
◇
To the median employee
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The paid brief on Alpha & Omega Semiconductor

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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Data as of October 22, 2026Latest filing (DEF 14A): September 30, 2026
15 filings cited on this page
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263 figures on this page: 254 cited to the filing that reported them, 9 calculated from figures it prints. See the citations

More on Alpha & Omega Semiconductor

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Stephen Chang: $4,220,819 → $3,401,014 (19.4% lower)
CEO pay ratio: 221:1 → 163:1 (26.2% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Alpha & Omega Semiconductor's chief executive and what were they paid?
Total compensation for Stephen Chang, Chief Executive Officer, came to $3,401,014 in fiscal 2026. Compared with the $4,220,819 reported for fiscal 2025, Chang's total was 19.4% lower.
What was Alpha & Omega Semiconductor's say-on-pay result?
For fiscal 2025, the say-on-pay proposal drew 98.6% support at the meeting held November 11, 2025.
Which companies are in Alpha & Omega Semiconductor's peer group?
The disclosed peer group names Ambarella, Cohu, Diodes, Ichor Holdings, Ltd. and Impinj, among others.
What is Alpha & Omega Semiconductor's chief executive pay ratio?
For fiscal 2026, the company reported a chief executive pay ratio of 163:1, against median employee compensation of $20,821.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Mike Chang
Chairman of the Board and Chief Executive Officer
◇—◇—◇—◇◇
Stephen Chang
President
◇—◇—◇—◇◇
Yifan Liang
Chief Financial Officer and Corporate Secretary
◇—◇—◇—◇◇
Bing Xue
Executive Vice President of Worldwide Sales and Business Development
◇—◇—◇—◇◇
Wenjun Li
Chief Operating Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Stephen Chang
Chief Executive Officer
◇—◇—◇—◇◇
Mike Chang
Executive Chairman and Former Chief Executive Officer
Departed during or after this year
◇—◇—◇—◇◇
Yifan Liang
Chief Financial Officer and Corporate Secretary
◇—◇—◇—◇◇
Bing Xue
Executive Vice President of Worldwide Sales and Business Development
◇—◇—◇—◇◇
Wenjun Li
Chief Operating Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Stephen Chang
Chief Executive Officer
◇—◇———◇◇
Mike Chang
Executive Chairman and Former Chief Executive Officer
Departed during or after this year
◇—◇———◇◇
Yifan Liang
Chief Financial Officer and Corporate Secretary
◇—◇———◇◇
Bing Xue
Executive Vice President of Worldwide Sales and Business Development
◇—◇———◇◇
Wenjun Li
Chief Operating Officer
◇—◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Stephen Chang
Chief Executive Officer
◇—◇———◇◇
Mike Chang
Executive Vice President of Strategic Initiatives and Former Chief Executive Officer
◇—◇———◇◇
Yifan Liang
Chief Financial Officer and Corporate Secretary
◇—◇———◇◇
Bing Xue
Executive Vice President of Worldwide Sales and Business Development
◇—◇———◇◇
Wenjun Li
Chief Operating Officer
◇—◇———◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Stephen Chang
Chief Executive Officer
◇—◇———◇◇
Yifan Liang
Chief Financial Officer and Corporate Secretary
◇—◇———◇◇
Bing Xue
Executive Vice President of Worldwide Sales and Business Development
◇—◇———◇◇
Wenjun Li
Chief Operating Officer
◇—◇———◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Bing XueRSU◇——◇——◇
Bing XuePSU◇◇◇———◇
Stephen C. ChangRSU◇——◇——◇
Stephen C. ChangPSU◇◇◇———◇
Wenjun LiRSU◇——◇——◇
Wenjun LiPSU◇◇◇———◇
Yifan LiangRSU◇——◇——◇
Yifan LiangPSU◇◇◇———◇
Fiscal 2024, 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Stephen ChangRSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Yifan LiangRSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Bing XueRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Wenjun LiRSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Bing Xue
Executive Vice President of Worldwide Sales and Business Development · Terms as announced by the company
Equity acceleration on change in control◇
Stephen Chang
Chief Executive Officer · Employment agreement
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Wenjun Li
Chief Operating Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance cash amount◇
Equity acceleration on change in control◇
Yifan Liang
Chief Financial Officer and Corporate Secretary · Terms as announced by the company
Severance cash amount◇
Equity acceleration on change in control◇

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael J. Salameh
Lead independent director
◇◇————◇
Claudia Chen
◇◇————◇
Lucas S. Chang
◇◇————◇
King Owyang, Ph.D
◇◇————◇
So-Yeon Jeong
◇◇————◇
Michael L. Pfeiffer
◇◇————◇
Hanqing (Helen) Li
◇◇————◇
Joshua Chien, Mike F. Chang, Ph.D and Stephen C. Chang served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.
Stock ownership guideline: The Board has adopted a share ownership guideline for our executive officers and non-employee members of the Board, which align the interests of our management members with those of our shareholders.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
  • Ambarella AMBA
  • Cohu COHU
  • Diodes DIOD
  • Ichor Holdings, Ltd. ICHR
  • Impinj PI
  • Maxlinear Systems MXL
  • Penguin Solutions PENG
  • Semtech SMTC
  • Synaptics SYNA
  • Wolfspeed WOLF

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025November 11, 2025=◇◇◇
2024November 7, 2024=◇◇◇
2023November 9, 2023=◇◇◇
2022November 29, 2022=◇◇◇
2021November 11, 2021=◇◇◇
2020November 12, 2020=◇◇◇
2019November 7, 2019=◇◇◇
2018November 8, 2018=◇◇◇
2017November 8, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Stephen Chang (Chief Executive Officer), FY2026 total compensation $3,401,014 (base salary $504,644) [exec_comp, SEC accession 0001628280-26-063962, filed 2026-09-30]

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What this page does not include

Everything above is a fact Alpha & Omega Semiconductor disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Alpha & Omega Semiconductor sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
263 figures on this page: 254 cited to the filing that reported them, 9 calculated from figures it prints.
254 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001628280-26-063962
    Compensation of Non-Employee Directors
  2. 0001387467-26-000019
    Exhibit
  3. 0001387467-25-000079
    Proposal 2 The Company’s shareholders approved, on an advisory basis, the compensation of the Company’s named executive officers as described in the proxy statement, by the following votes: FOR AGAINS
  4. 0001387467-25-000054
    Compensation Discussion and Analysis · Potential Payments upon Termination
  5. 0001387467-24-000112
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001387467-24-000085
  7. 0001387467-23-000096
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001387467-23-000060
    Summary Compensation Table
  9. 0001387467-22-000096
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001387467-22-000075
    Summary Compensation Table
  11. 0001387467-21-000085
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001387467-20-000076
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001387467-19-000053
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001387467-18-000087
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0001387467-17-000082
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Alpha & Omega Semiconductor executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/AOSL (accessed 2026).
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The paid brief for Alpha & Omega Semiconductor

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
15 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Tech — Hardware rankings

Chief executive pay — Tech — HardwareCEO pay ratio — Tech — HardwareSay-on-pay support — Tech — Hardware

Peers Alpha & Omega Semiconductor discloses

The companies named in AOSL's own disclosed peer group.

AmbarellaCohuDiodesIchor Holdings, Ltd.ImpinjMaxlinear SystemsPenguin SolutionsSemtechSynapticsWolfspeed

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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