Tech — Hardware

ON Semiconductor Executive Compensation (FY25)

ON · Scottsdale, AZ · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Hassane El-Khoury
Latest say-on-pay support
=
May 14, 2026
Chief executive pay ratio
◇
To the median employee
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The paid brief on ON 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 (8-K): May 18, 2026
16 filings cited on this page
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213 figures on this page: 202 cited to the filing that reported them, 11 calculated from figures it prints. See the citations

More on ON Semiconductor

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Hassane El-Khoury: $31,131,178 → $17,678,866 (43.2% lower)
Say-on-pay support: 86.3% → 93.8% (7.5 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is ON Semiconductor's chief executive and what were they paid?
Total compensation for Hassane El-Khoury, President and Chief Executive Officer, came to $17,678,866 in fiscal 2025. El-Khoury's total moved 43.2% lower from the $31,131,178 reported for fiscal 2024.
What was ON Semiconductor's say-on-pay result?
Shareholders supported the say-on-pay proposal with 93.8% of votes cast for or against in favor at the meeting held May 14, 2026 for fiscal 2025.
Which companies are in ON Semiconductor's peer group?
The disclosed peer group names Advanced Micro Devices, Inc., Analog Devices, Inc., Applied Materials, Inc., First Solar, Inc. and Lam Research Corporation, among others.
What is ON Semiconductor's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 1,257:1, against median employee compensation of $14,060.

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
Hassane El-Khoury
President and Chief Executive Officer
◇—◇—◇—◇◇
Thad Trent
Executive Vice President, Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Simon Keeton
Executive Vice President, Chief Commercial Officer
◇—◇—◇—◇◇
Vincent Hopkin
Former Executive Vice President and General Manager, Advanced Solutions Group
Departed during or after this year
◇—◇———◇◇
Ross Jatou
Senior Vice President and General Manager, Intelligent Sensing Group
◇—◇—◇—◇◇
Robert Tong
Senior Vice President and General Manager, Advanced Solutions Group
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Hassane El-Khoury
President and Chief Executive Officer
◇—◇—◇—◇◇
Thad Trent
Executive Vice President, Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Simon Keeton
Group President, Power Solutions Group
◇—◇—◇—◇◇
Sudhir Gopalswamy
Group President, Analog and Mixed-Signal Group and Intelligent Sensing Group
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Hassane El-Khoury
President and Chief Executive Officer
◇—◇———◇◇
Thad Trent
Executive Vice President, Chief Financial Officer and Treasurer
◇—◇———◇◇
Simon Keeton
Group President, Power Solutions Group
◇—◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Hassane El-Khoury
President and Chief Executive Officer
◇—◇———◇◇
Thad Trent
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Sudhir Gopalswamy
Group President, Analog and Mixed-Signal Group and Intelligent Sensing Group
◇—◇—◇—◇◇
Simon Keeton
Group President, Power Solutions Group
◇—◇—◇—◇◇
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 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Hassane El-KhouryPSU◇—◇—◇—◇
Hassane El-KhouryRSU◇——◇——◇
Simon KeetonPSU◇—◇—◇—◇
Simon KeetonRSU◇——◇——◇
Sudhir GopalswamyRSU◇——◇——◇
Sudhir GopalswamyPSU◇—◇—◇—◇
Thad TrentPSU◇—◇—◇—◇
Thad TrentRSU◇——◇——◇
Fiscal 2022, 2023, 2024 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 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Simon KeetonRSU◇◇——
RSU◇◇——
Thad TrentRSU◇◇——
RSU◇◇——
Sudhir GopalswamyRSU◇◇——
RSU◇◇——
Hassane El-KhouryRSU◇◇——
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.
Hassane El-Khoury
President and Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Simon Keeton
Group President, Power Solutions Group · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance cash amount◇
Sudhir Gopalswamy
Group President, Analog and Mixed-Signal Group and Intelligent Sensing Group · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Thad Trent
Executive Vice President and Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance cash amount◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Alan Campbell
Board chair
◇◇————◇
Susan K. Carter
◇◇————◇
Paul A. Mascarenas
◇◇————◇
Christine Y. Yan
◇◇————◇
Gregory L. Waters
◇◇————◇
Thomas L. Deitrich
◇◇————◇
Bruce E. Kiddoo
◇◇————◇
Christina Lampe-Önnerud
◇—————◇
Atsushi Abe and Hassane El-Khoury served on the board in fiscal 2025 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◇
Board chair 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 / RSUs.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Advanced Micro Devices, Inc. AMD
  • Analog Devices, Inc. ADI
  • Applied Materials, Inc. AMAT
  • First Solar, Inc. FSLR
  • Lam Research Corporation LRCX
  • Marvell Technology, Inc. MRVL
  • Microchip Technology Incorporated MCHP
  • Micron Technology, Inc. MU
  • Monolithic Power Systems, Inc. MPWR
  • NXP Semiconductors N.V. NXPI
  • Qorvo, Inc. QRVO
  • Skyworks Solutions, Inc. SWKS
  • Texas Instruments Incorporated TXN
  • Wolfspeed, Inc. WOLF

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 14, 2026=◇◇◇
2024May 15, 2025=◇◇◇
2023May 16, 2024=◇◇◇
2022May 18, 2023=◇◇◇
2021May 26, 2022=◇◇◇
2020May 20, 2021=◇◇◇
2019May 20, 2020=◇◇◇
2018May 8, 2019=◇◇◇
2017May 16, 2018=◇◇◇
2016May 17, 2017=◇◇◇
2015May 18, 2016=◇◇◇

Chief executive pay ratio

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

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Sample answer — “What is the CEO’s total compensation?”
- Hassane El-Khoury (President and Chief Executive Officer), FY2025 total compensation $17,678,866 (base salary $1,200,000) [exec_comp, SEC accession 0001097864-26-000010, filed 2026-04-02]

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What this page does not include

Everything above is a fact ON Semiconductor disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where ON 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.
Velarion Intelligence
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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.
213 figures on this page: 202 cited to the filing that reported them, 11 calculated from figures it prints.
202 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001140361-26-021907
  2. 0001097864-26-000010
    Compensation of Directors · Grants of Plan-Based Awards in 202 · Outstanding Equity Awards at Fiscal Year-End 202 · Summary Compensation Table
  3. Filing, filed April 2, 2026
    000109786426000010
    Pay Ratio Disclosure
  4. 0001140361-25-019979
  5. 0001097864-25-000008
    Compensation Discussion and Analysis · Summary Compensation Table
  6. 0001193125-24-145010
  7. 0001097864-24-000001
    Summary Compensation Table
  8. 0001193125-23-149423
  9. 0001097864-23-000006
    Summary Compensation Table
  10. 0001193125-22-166231
    Say-on-Pay Proposal
  11. 0001193125-21-169396
    Say-on-Pay Proposal
  12. 0001193125-20-148791
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001193125-19-143075
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001193125-18-166580
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0001193125-17-175396
    Item 5.07 Submission of Matters to a Vote of Security Holders
  16. 0001193125-16-596066
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “ON Semiconductor executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/ON (accessed 2026).
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The paid brief for ON 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.
16 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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Peers ON Semiconductor discloses

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

Terms on this page

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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