leadership
confidence high
sentiment neutral
materiality 0.40
Synaptics sets interim CEO pay: $240K salary bump plus 55% bonus boost; Chan $40K/mo
SYNAPTICS Inc
- Ken Rizvi (Interim CEO) receives $240K annual salary increase and 55% target bonus boost, pro-rated.
- Nelson Chan (Interim Executive Chairman) receives $40K per month cash compensation.
- Rizvi's interim pay lasts the greater of 6 months or until a new CEO is appointed.
- Chan's interim pay runs from Feb 3, 2025 through 6 months after new CEO appointment.
- Chan will not serve on independent committees or receive committee fees during interim role.