Alpha and Omega Semiconductor boosts executive salaries and sets 2022 bonus plan with targets up to 220% of base

ALPHA & OMEGA SEMICONDUCTOR Ltd

Salaries effective July 1, 2022: CEO Mike Chang from $467,352 to $490,000; President Stephen Chang from $351,000 to $440,000.
CFO Yifan Liang from $351,000 to $370,000; COO Wenjun Li from $325,000 to $342,000; EVP Bing Xue from $327,000 to $350,000.
2022 incentive bonus tied to non-GAAP EPS and revenue; CEO target 100% of base (max 220%), other execs target 70-80% (max 143-176%).
Bonus payable by March 17, 2023 in cash, common shares, or combination; requires continued service through payment date.

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