leadership
confidence high
sentiment neutral
materiality 0.35
Cirrus Logic raises CEO Forsyth's base salary 4% to $728k, boosts bonus target to 62.5%
CIRRUS LOGIC, INC.
- CEO John Forsyth base salary increased 4% from $700,000 to $728,000 effective fiscal year 2024.
- Semiannual target bonus raised from 50% to 62.5% of base salary under 2007 Incentive Plan.
- Target total cash compensation set at $1.638 million (125% of base), between 25th and 50th percentiles of market data.
- Compensation committee considered company performance, CEO performance, and market data from Compensia, Inc.