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Microchip Technology Executive Compensation (FY26)

MCHP · Executive and director compensation, fiscal 2023 to 2026
Chief executive, fiscal 2026
◇
Steve Sanghi
Latest say-on-pay support
=
August 18, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 22, 2026Latest filing (8-K): August 19, 2026
12 filings cited on this page
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648 figures on this page: 639 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
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.
CEO pay ratio: 457:1 → 698:1 (52.7% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Microchip Technology's chief executive and what were they paid?
Total compensation for Steve Sanghi, Chair of the Board, CEO and President, came to $40,501,951 in fiscal 2026.
What was Microchip Technology's say-on-pay result?
Shareholders supported the say-on-pay proposal with 82.6% of votes cast for or against in favor at the meeting held August 18, 2026 for fiscal 2026.
Which companies are in Microchip Technology's peer group?
The disclosed peer group includes Amkor Technology, Analog Devices, First Solar, Gen Digital and GoDaddy, among others.
What is Microchip Technology's chief executive pay ratio?
The company reported a chief executive pay ratio of 698:1 for fiscal 2026, against median employee compensation of $58,020.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Ganesh Moorthy
CEO and President
◇◇◇—◇—◇◇
Steve Sanghi
Executive Chair
◇◇◇—◇—◇◇
Stephen V. Drehobl
Senior VP, MCU8 and MCU16 Business Units
◇◇◇—◇—◇◇
Richard Simoncic
Executive VP, Analog Power and Interface Business Unit
◇◇◇—◇—◇◇
J. Eric Bjornholt
Senior VP and CFO
◇◇◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Ganesh Moorthy
President and CEO
◇◇◇—◇—◇◇
Steve Sanghi
Executive Chair
◇◇◇—◇—◇◇
Richard J. Simoncic
Chief Operating Officer
◇◇◇—◇—◇◇
Stephen V. Drehobl
Senior VP, MCU8 and MCU16 Business Units
◇◇◇—◇—◇◇
J. Eric Bjornholt
Senior VP and CFO
◇◇◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steve Sanghi
Chair of the Board, CEO and President
◇—◇———◇— not reconciled
Ganesh Moorthy
Former President and CEO
Departed during or after this year
◇—◇———◇◇
Richard J. Simoncic
Chief Operating Officer
◇—◇———◇◇
J. Eric Bjornholt
Senior VP and CFO
◇—◇———◇◇
Mathew B. Bunker
Senior VP, Operations
◇—◇———◇◇
Joseph R. Krawczyk II
Senior VP, Worldwide Client Engagement
◇—◇———◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steve Sanghi
Chair of the Board, CEO and President
◇◇◇—◇—◇◇
Richard Simoncic
Chief Operating Officer
◇◇◇—◇—◇◇
J. Eric Bjornholt
Senior Corporate VP and CFO
◇◇◇—◇—◇◇
Mathew Bunker
Senior Corporate VP, Operations
◇◇◇—◇—◇◇
Joseph Krawczyk II
Senior Corporate VP, Worldwide Client Engagement
◇◇◇—◇—◇◇
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
Richard J. SimoncicRSU◇——◇——◇
Richard J. SimoncicPSU◇—◇—◇—◇
Richard J. SimoncicRSU◇——◇——◇
Richard J. SimoncicRSU◇——◇——◇
Richard J. SimoncicRSU◇——◇——◇
Richard J. SimoncicPSU◇—◇—◇—◇
Richard J. SimoncicPSU◇—◇—◇—◇
Richard J. SimoncicPSU◇—◇—◇—◇
Richard J. SimoncicRSU◇——◇——◇
Richard J. SimoncicRSU◇——◇——◇
Richard J. SimoncicRSU◇——◇——◇
Richard J. SimoncicRSU◇——◇——◇
Steve SanghiRSU◇——◇——◇
Steve SanghiRSU◇——◇——◇
Steve SanghiRSU◇——◇——◇
Steve SanghiRSU◇——◇——◇
Steve SanghiRSU◇——◇——◇
Steve SanghiRSU◇——◇——◇
Steve SanghiRSU◇——◇——◇
Steve SanghiPSU◇—◇—◇—◇
Steve SanghiRSU◇——◇——◇
Steve SanghiPSU◇—◇—◇—◇
Steve SanghiPSU◇—◇—◇—◇
Steve SanghiRSU◇——◇——◇
Steve SanghiRSU◇——◇——◇
Steve SanghiPSU◇—◇—◇—◇
Steve SanghiPSU◇—◇—◇—◇
Steve SanghiRSU◇——◇——◇
Steve SanghiRSU◇——◇——◇
Steve SanghiPSU◇—◇—◇—◇
Steve SanghiPSU◇—◇—◇—◇
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
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Joseph Krawczyk IIRSU◇◇——
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Mathew BunkerRSU◇◇——
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J. Eric BjornholtRSU◇◇——
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Steve SanghiRSU◇◇——
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Richard SimoncicRSU◇◇——
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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.
J. Eric Bjornholt
Senior Corporate VP and CFO · Terms as described in the company’s compensation discussion · citing a 2026 filing
Change-in-control multiple◇
Benefits continuation on change in control◇
Joseph Krawczyk II
Terms as announced by the company · citing a 2026 filing
Change-in-control multiple◇
Benefits continuation on change in control◇
Mathew Bunker
Terms as described in the company’s compensation discussion · citing a 2026 filing
Change-in-control multiple◇
Benefits continuation on change in control◇
Clawback◇
Richard Simoncic
Chief Operating Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Clawback◇
Steve Sanghi
Chair of the Board, CEO and President · Terms as described in the company’s compensation discussion · citing a 2026 filing
Change-in-control trigger◇
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
Matthew W. Chapman
Lead independent director
◇◇————◇
Rick Cassidy
◇◇————◇
Karen M. Rapp
◇◇————◇
Ellen L. Barker
◇◇————◇
Victor Peng
◇◇————◇
Karlton D. Johnson
◇—————◇
Mitch Little and Steve Sanghi 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◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
  • Amkor Technology AMKR
  • Analog Devices ADI
  • First Solar FSLR
  • Gen Digital GEN
  • GoDaddy GDDY
  • KLA KLAC
  • Marvell MRVL
  • MKS MKSI
  • Monolithic Power MPWR
  • NXP Semiconductors NXPI
  • ON Semiconductor ON
  • Qorvo QRVO
  • Skyworks SWKS
  • Teradyne TER
  • Texas Instruments TXN
  • Western Digital WDC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2026August 18, 2026=◇◇◇
2025August 19, 2025=◇◇◇
2024August 19, 2025=◇◇◇
2023August 20, 2024=◇◇◇
2022August 22, 2023=◇◇◇
2021August 23, 2022=◇◇◇
2020August 24, 2021=◇◇◇
2019August 18, 2020=◇◇◇
2018August 20, 2019=◇◇◇

Chief executive pay ratio

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

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- Steve Sanghi (Chair of the Board, CEO and President), FY2026 total compensation $40,501,951 (base salary $961,616) [exec_comp, SEC accession 0000827054-26-000026, filed 2026-07-06]

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What this page does not include

Everything above is a fact Microchip Technology disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
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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.
648 figures on this page: 639 cited to the filing that reported them, 9 calculated from figures it prints.
639 cited to the filing
9 calculated from the filing

Documents cited

  1. 0000827054-26-000042
    Item 5.07. Submission of Matters to a Vote of Security Holders
  2. 0000827054-26-000026
    CEO Pay Ratio · Compensation Discussion and Analysis · DIRECTOR COMPENSATION · Director Compensation · and 3 more sections
  3. 0000827054-25-000160
    Item 5.07 Submission of Matters to a Vote of Security Holders · Item 5.07. Submission of Matters to a Vote of Security Holders
  4. 0000827054-25-000099
    Summary Compensation Table
  5. 0000827054-24-000168
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000827054-24-000128
    Summary Compensation Table
  7. 0000827054-23-000147
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0000827054-23-000104
    SUMMARY COMPENSATION TABLE
  9. 0000827054-22-000174
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000827054-21-000251
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000827054-20-000236
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000827054-19-000243
    Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “Microchip Technology executive compensation, FY2023–FY2026.” https://intel.velarion.ai/comp/MCHP (accessed 2026).
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12 filings cited on this page
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Peers Microchip Technology discloses

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

Amkor TechnologyAnalog DevicesFirst SolarGen DigitalGoDaddyKLAMarvellMKSMonolithic PowerNXP SemiconductorsON SemiconductorQorvoSkyworksTeradyneTexas InstrumentsWestern Digital

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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