Tech — Hardware
Credo Technology Group Holding Executive Compensation (FY26)
CRDO · Executive and director compensation, fiscal 2022 to 2026
Data as of September 7, 2026Latest filing (DEF 14A): August 25, 2026
180 figures on this page: 177 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
William Brennan, President, Chief Executive Officer and Director, received $14,428,500 in total compensation for fiscal 2026, and compared with the $6,058,750 reported for fiscal 2025, Brennan's total was 138.1% higher. The disclosed chief executive pay ratio for fiscal 2026 is 123:1, against median employee compensation of $117,482. Shareholders supported the say-on-pay proposal with 94.1% of votes cast for or against in favor at the meeting held October 13, 2025 for fiscal 2025. The disclosed peer group names Everpure, Inc., F5, Inc., First Solar, Inc., Keysight Technologies Inc and Lattice Semiconductor Corporation, among others.
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 — William Brennan: $6,058,750 → $14,428,500 (138.1% higher)
CEO pay ratio: 25:1 → 123:1
Frequently asked questions
Answers drawn from the data on this page.
Who is Credo Technology Group Holding's chief executive and what were they paid?
William Brennan, President, Chief Executive Officer and Director, received $14,428,500 in total compensation for fiscal 2026. Compared with the $6,058,750 reported for fiscal 2025, Brennan's total was 138.1% higher.
What was Credo Technology Group Holding's say-on-pay result?
Shareholders supported the say-on-pay proposal with 94.1% of votes cast for or against in favor at the meeting held October 13, 2025 for fiscal 2025.
Which companies are in Credo Technology Group Holding's peer group?
The disclosed peer group names Everpure, Inc., F5, Inc., First Solar, Inc., Keysight Technologies Inc and Lattice Semiconductor Corporation, among others.
What is Credo Technology Group Holding's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2026 is 123:1, against median employee compensation of $117,482.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
William Brennan President, Chief Executive Officer and Director | ◇ | ◇ | ◇ | — | ◇ | — | — | ◇ |
Daniel Fleming Chief Financial Officer | ◇ | ◇ | ◇ | — | ◇ | — | — | ◇ |
Yat Tung Lam Chief Operating Officer and Director | ◇ | ◇ | ◇ | — | ◇ | — | — | ◇ |
Chi Fung Cheng Chief Technology Officer and Director | ◇ | ◇ | ◇ | — | ◇ | — | — | ◇ |
Adam Thorngate-Gottlund General Counsel and Secretary | ◇ | ◇ | ◇ | — | ◇ | — | — | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
William Brennan President, Chief Executive Officer and Director | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Daniel Fleming Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Chi Fung Cheng Chief Technology Officer and Director | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Yat Tung Lam Chief Operating Officer and Director | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
James Laufman Chief Legal Officer and Secretary | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
William Brennan President, Chief Executive Officer and Director | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Daniel Fleming Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Yat Tung Lam Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Chi Fung Cheng Chief Technology Officer | ◇ | — | — | — | ◇ | — | — | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
James Laufman Chief Legal Officer and Secretary | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
William Brennan President, Chief Executive Officer and Director | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Daniel Fleming Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Yat Tung Lam Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Chi Fung Cheng Chief Technology Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Fiscal 2026
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
William Brennan President, Chief Executive Officer and Director | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Daniel Fleming Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Chi Fung Cheng Chief Technology Officer | ◇ | — | — | — | ◇ | — | — | ◇ |
James Laufman Chief Legal Officer and Secretary | ◇ | — | — | — | ◇ | — | — | ◇ |
Yat Tung Lam 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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Daniel Fleming | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| William Brennan | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
Fiscal 2023, 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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| William Brennan | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| James Laufman | RSU | ◇ | ◇ | — | — |
| Yat Tung Lam | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Daniel Fleming | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Chi Fung Cheng | 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.
Yat Tung Lam
Chief Operating Officer · Change-in-control agreement
| Equity acceleration on change in control | ◇ |
| Clawback | ◇ |
James Laufman
Chief Legal Officer and Secretary · Change-in-control agreement
| Equity acceleration on change in control | ◇ |
| Excise tax treatment | ◇ |
| Clawback | ◇ |
William Brennan
President, Chief Executive Officer and Director · Change-in-control agreement
| Equity acceleration on change in control | ◇ |
| Clawback | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2026
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Fariba Danesh | ◇ | ◇ | — | — | — | — | ◇ |
Brian Kelleher | ◇ | ◇ | — | — | — | — | ◇ |
Sylvia Acevedo Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Clyde Hosein | ◇ | ◇ | — | — | — | — | ◇ |
Manpreet Khaira | ◇ | ◇ | — | — | — | — | ◇ |
Pantas Sutardja | ◇ | ◇ | — | — | — | — | ◇ |
William (Bill) Brennan, Chi Fung (Lawrence) Cheng and Yat Tung (Job) Lam 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 | ◇ |
| Total board retainer | ◇ |
| 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.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
- Everpure, Inc. P
- F5, Inc. FFIV
- First Solar, Inc. FSLR
- Keysight Technologies Inc KEYS
- Lattice Semiconductor Corporation LSCC
- MACOM Technology & Solutions Holdings, Inc. MTSI
- Marvell Technology, Inc. MRVL
- Microchip Technology Incorporated MCHP
- Monolithic Power Systems, Inc. MPWR
- ON Semiconductor Corporation ON
- Rambus Inc. RMBS
- Semtech Corporation SMTC
- SiTime Corporation SITM
- Teledyne Technologies Incorporated TDY
- Teradyne, Inc. TER
- Trimble Inc. TRMB
- Ubiquiti Inc. UI
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | October 13, 2025 | = | ◇ | ◇ | ◇ |
| 2024 | October 21, 2024 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
What this page does not include
Everything above is a fact Credo Technology Group Holding disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Credo Technology Group Holding 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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable 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.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
180 figures on this page: 177 cited to the filing that reported them, 3 calculated from figures it prints.
177 cited to the filing
3 calculated from the filing
Documents cited
- 0001628280-26-058936CEO Pay Ratio · Summary Compensation Table
- 0001628280-25-045208Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001807794-25-000010Summary Compensation Table
- 0001628280-24-049786
- 0001628280-24-043302Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001628280-24-038419Summary Compensation Table
- 0001628280-23-030109Summary Compensation Table
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Credo Technology Group Holding executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/CRDO (accessed 2026).
Short form: data: Velarion
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Tech — Hardware rankings
Peers Credo Technology Group Holding discloses
The companies named in CRDO's own disclosed peer group.
Terms on this page
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}
}