Tech — Hardware
Vicor Executive Compensation (FY25)
VICR · Andover, MA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): June 23, 2026
265 figures on this page: 261 cited to the filing that reported them, 4 calculated from figures it prints. See the citations
Patrizio Vinciarelli was paid $702,202 in total compensation as Chairman of the Board, President, and Chief Executive Officer for fiscal 2025, and Vinciarelli's total moved 2.4% lower from the $719,107 reported for fiscal 2024. The disclosed chief executive pay ratio for fiscal 2025 is 11:1, against median employee compensation of $76,340. For fiscal 2025, shareholders backed the say-on-pay proposal with 99.8% of votes cast for or against in favor at the meeting held June 19, 2026. The company reported 5 named executive officers for fiscal 2025.
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 — Patrizio Vinciarelli: $719,107 → $702,202 (2.4% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Vicor's chief executive and what were they paid?
Patrizio Vinciarelli was paid $702,202 in total compensation as Chairman of the Board, President, and Chief Executive Officer for fiscal 2025. Vinciarelli's total moved 2.4% lower from the $719,107 reported for fiscal 2024.
What was Vicor's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 99.8% of votes cast for or against in favor at the meeting held June 19, 2026.
What is Vicor's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 11:1, against median employee compensation of $76,340.
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 |
|---|---|---|---|---|---|---|---|---|
Philip Davies Corporate Vice President, Global Sales and Marketing | ◇ | ◇ | — | ◇ | — | — | ◇ | ◇ |
James Schmidt Corporate Vice President, Chief Financial Officer, Treasurer, and Corporate Secretary | ◇ | — | — | ◇ | ◇ | — | ◇ | ◇ |
Claudio Tuozzolo Corporate Vice President and President of Vicor Power Components | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Patrizio Vinciarelli Chairman of the Board, President, and Chief Executive Officer | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Michael McNamara Corporate Vice President and General Manager, Operations | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Claudio Tuozzolo Corporate Vice President and President of Vicor Power Components | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Philip Davies Corporate Vice President, Global Sales and Marketing | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
James Schmidt Corporate Vice President, Chief Financial Officer, Treasurer, and Corporate Secretary | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Patrizio Vinciarelli Chairman of the Board, President, and Chief Executive Officer | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Michael McNamara Corporate Vice President and General Manager, Operations | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Claudio Tuozzolo Corporate Vice President and President of Vicor Power Components | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Philip Davies Corporate Vice President, Global Sales and Marketing | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Michael McNamara Corporate Vice President and General Manager, Operations | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Patrizio Vinciarelli Chairman of the Board, President, and Chief Executive Officer | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
James Schmidt Corporate Vice President, Chief Financial Officer, Treasurer, and Corporate Secretary | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Philip Davies Corporate Vice President, Global Sales and Marketing | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Claudio Tuozzolo Corporate Vice President and President of Vicor Power Components | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Michael McNamara Corporate Vice President and General Manager, Operations | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Patrizio Vinciarelli Chairman of the Board, President, and Chief Executive Officer | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
James Schmidt Corporate Vice President, Chief Financial Officer, Treasurer, and Corporate Secretary | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
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 |
|---|---|---|---|---|---|---|---|---|
| Claudio Tuozzolo | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Claudio Tuozzolo | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| James F. Schmidt | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| James F. Schmidt | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| James F. Schmidt | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Michael S. McNamara | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Michael S. McNamara | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Michael S. McNamara | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Patrizio Vinciarelli | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Philip D. Davies | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Philip D. Davies | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Philip D. Davies | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
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 |
|---|---|---|---|---|---|
| Michael McNamara | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Claudio Tuozzolo | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Philip Davies | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| James Schmidt | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Patrizio Vinciarelli | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — |
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.
Philip Davies
Corporate Vice President, Global Sales and Marketing · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Equity acceleration on change in control | ◇ |
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 |
|---|---|---|---|---|---|---|---|
Samuel J. Anderson | ◇ | — | ◇ | — | — | — | ◇ |
Estia J. Eichten | ◇ | — | ◇ | — | — | — | ◇ |
John Shen | ◇ | — | ◇ | — | — | — | ◇ |
Jason L. Carlson | ◇ | — | ◇ | — | — | — | ◇ |
Andrew T. D'Amico | ◇ | — | ◇ | — | — | — | ◇ |
Zmira Lavie | ◇ | — | ◇ | — | — | — | ◇ |
Philip D. Davies, Patrizio Vinciarelli, James F. Schmidt, Claudio Tuozzolo and Michael S. McNamara 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 | ◇ |
Equity is delivered as Options.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | June 19, 2026 | = | ◇ | ◇ | ◇ |
| 2022 | June 23, 2023 | = | ◇ | ◇ | ◇ |
| 2019 | June 26, 2020 | = | ◇ | ◇ | ◇ |
| 2016 | June 16, 2017 | = | ◇ | ◇ | ◇ |
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 Vicor disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
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 — $1,500Board 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.
265 figures on this page: 261 cited to the filing that reported them, 4 calculated from figures it prints.
261 cited to the filing
4 calculated from the filing
Documents cited
- 0001193125-26-279247
- 0001193125-26-194790Chief Executive Officer Pay Ratio · Compensation Discussion and Analysis · Director Compensation · EQUITY COMPENSATION PLAN INFORMATION · and 6 more sections
- 0000950170-25-060646SUMMARY COMPENSATION TABLE FOR FISCAL 2024
- 0000950170-24-049550SUMMARY COMPENSATION TABLE FOR FISCAL 2023
- 0001193125-23-175225
- 0001193125-23-127004SUMMARY COMPENSATION TABLE FOR FISCAL 2022
- 0001193125-20-184896
- 0001193125-17-208272
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Vicor executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/VICR (accessed 2026).
Short form: data: Velarion
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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}
}