Tech — Hardware
On Semiconductor Executive Compensation (FY25)
ON · Scottsdale, AZ · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 18, 2026
198 figures on this page: 187 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Total compensation for Hassane El-Khoury, President and Chief Executive Officer, came to $17,678,866 in fiscal 2025, and El-Khoury's total moved 43.2% lower from the $31,131,178 reported for fiscal 2024. Meanwhile, the disclosed chief executive pay ratio for fiscal 2025 is 1,257:1, against median employee compensation of $14,060. Separately, 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. 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 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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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 | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Sudhir Gopalswamy Group President, Analog and Mixed-Signal Group and Intelligent Sensing Group | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Hassane El-Khoury President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Sudhir Gopalswamy Group President, Analog and Mixed-Signal Group and Intelligent Sensing Group | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Thad Trent Executive Vice President, Chief Financial Officer and Treasurer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Simon Keeton Group President, Power Solutions Group | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Hassane El-Khoury | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Hassane El-Khoury | PSU | ◇ | — | ◇ | ◇ | ◇ | — | ◇ |
| Simon Keeton | PSU | ◇ | — | ◇ | ◇ | ◇ | — | ◇ |
| Simon Keeton | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Sudhir Gopalswamy | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Sudhir Gopalswamy | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Sudhir Gopalswamy | PBRSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Thad Trent | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Thad Trent | RSU | ◇ | — | — | ◇ | — | — | ◇ |
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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Sudhir Gopalswamy | RSU | ◇ | ◇ | — | — |
| Hassane El-Khoury | RSU | ◇ | ◇ | — | — |
| Simon Keeton | RSU | ◇ | ◇ | — | — |
| Thad Trent | RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Alan Campbell Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Susan K. Carter | ◇ | ◇ | — | — | — | — | ◇ |
Paul A. Mascarenas | ◇ | ◇ | — | — | — | — | ◇ |
Christine Y. Yan | ◇ | ◇ | — | — | — | — | ◇ |
Thomas L. Deitrich | ◇ | ◇ | — | — | — | — | ◇ |
Bruce E. Kiddoo | ◇ | ◇ | — | — | — | — | ◇ |
Gregory L. Waters | ◇ | ◇ | — | — | — | — | ◇ |
Atsushi Abe, Hassane El-Khoury and Christina Lampe-nnerud 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 chair premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
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.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 14, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 15, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 16, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 18, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 26, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 20, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 20, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 8, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 16, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 17, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | May 18, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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 — $1,500Written 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.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
198 figures on this page: 187 cited to the filing that reported them, 11 calculated from figures it prints.
187 cited to the filing
11 calculated from the filing
Documents cited
- 0001140361-26-021907
- 0001097864-26-000010Compensation of Directors · Grants of Plan-Based Awards in 202 · HUMAN CAPITAL AND COMPENSATION COMMITTEE · Outstanding Equity Awards at Fiscal Year-End 2025 · and 1 more section
- Filing, filed April 2, 2026000109786426000010Pay Ratio Disclosure
- 0001140361-25-019979
- 0001097864-25-000008Summary Compensation Table
- 0001193125-24-145010
- 0001097864-24-000001Summary Compensation Table
- 0001193125-23-149423
- 0001097864-23-000006Summary Compensation Table
- 0001193125-22-166231Say-on-Pay Proposal
- 0001193125-21-169396Say-on-Pay Proposal
- 0001193125-20-148791Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-19-143075Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-18-166580Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-17-175396Item 5.07 Submission of Matters to a Vote of Security Holders
- 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).
Short form: data: Velarion
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Tech — Hardware rankings
Peers On Semiconductor discloses
The companies named in ON'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}
}