Thursday, August 29, 2019

Austin, Texas-Based Semiconductor Company Silicon Laboratories Inc's Top-Tier Executives Average Pay Raise Was a Messy, Modest 4.4% Per Year During the Past Ten Years (2009-2018)

The third Democratic 2020 Presidential candidate televised debate will be held in Houston, Texas on September 12, 2019.  Texas is also the home state of Julian Castro and Beto O'Rourke, who have both gained significant momentum in the past month.

The key issue to Texas citizens should be the huge and continuing Income Inequality Expansion which is at the core of many critical problems the US faces.

Thus I will be doing research and making posts on the average pay raise per year that the Top-Tier Executives of Texas Companies were rewarded with in the past ten years.  And I'll start with the large Texas Non-Oil & Gas Companies. 

The 45th Texas Non-Oil & Gas Company I am addressing here is Silicon Laboratories Inc.

From annual compensation information contained in Company Proxy Statement filings with the US SEC, the chart at the bottom below shows Silicon Laboratories Inc's Top-Tier Executives Annual Total Compensation for each of two consecutive substantially full years of employment for the past ten years.
  
Silicon Laboratories Inc's Top-Tier Executives Average Pay Raise was a messy, modest 4.4%
 per year for the past ten years, which is the very lowest of the 45 large Texas Non-Oil & Gas Companies I have addressed so far.
  1. SailPoint Technologies +278.1% per year for the past two years
  2. Copart +183.2% per year for the past ten years
  3. Q2 Holdings +180.3% per year for the past five years
  4. SolarWinds +114.4% per year for seven of the past ten years
  5. Nexstar Media Group +102.9% per year for the past ten years
  6. Reata Pharmaceuticals +99.5% per year for the past four years
  7. American Airlines Group +85.9% per year for nine of the past ten years
  8. Helen of Troy +84.4% per year for the past ten years
  9. Invitation Homes +78.6% per year for the past two years
  10. Tyler Technologies +61.2% per year for the past ten years
  11. Wingstop +54.2% per year for the past four years
  12. Builders FirstSource +50.9% per year for the past ten years
  13. Vistra Energy +50.6% in the past year 
  14. Rackspace Holdings +50.2% per year for seven of the past ten years
  15. LyondellBasell +45.9% per year for the past eight years
  16. RealPage +29.2% per year for the past nine years
  17. Celanese +27.8% per year for the last ten years
  18. National Instruments +25.5% per year for the last ten years
  19. Yum China Holdings +23.8% per year for the past 5 years
  20. D R Horton +20.1% per year for the past ten years
  21. Dell Technologies +18.8% per year for seven of the past ten years
  22. Sysco +18.7% per year for the past ten years
  23. Waste Connections +18.1% per year for the past ten years
  24. Cirrus Logic +18.0% per year for the past ten years
  25. Southwest Airlines +18.0% per year for the past ten years
  26. Sabre Corp +17.7% per year for the past five years
  27. Huntsman Corp +17.3% per year for the past ten years
  28. Westlake Chemical +16.1% per year for the past ten years
  29. El Paso Electric Co +15.5% per year for the past ten years
  30. American Campus Communities REIT +15.4% per year for the past ten years
  31. Atmos Energy +14.4% per year for the past ten years
  32. AT&T +13.8% per year for the past ten years
  33. Waste Management +13.2% per year for the past ten years
  34. Match Group +12.2% per year for the past six years
  35. Service Corp International +10.8% per year for the past ten years
  36. Camden Property Trust +10.4% per year for the past ten years
  37. Tenet Healthcare +10.3% per year for the past ten years
  38. Jacobs Engineering Group +8.7% per year for the past ten years
  39. Texas Instruments +7.2% per year for the past ten years
  40. Cullen/Frost Bankers +6.9% per year for the past ten years
  41. Crown Castle International +6.3% per year for the past ten years
  42. Kimberly-Clark +5.8% per year for the past ten years
  43. CenterPoint Energy +5.8% per year for the past ten years
  44. Lennox international +5.4% per year for the past ten years
  45. Silicon Laboratories +4.4% per year for the past ten years

FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
  Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Silicon Laboratories   2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Tuttle CEO       6,078       6,875       6,875       6,014       6,014       4,556       4,556       4,923       4,923       3,377
Hollister CFO       2,481       2,440       2,440       2,341       2,341       1,500       1,500       1,567       1,567       1,852
Tolany SVP Sales       2,333       2,426       2,426       3,373    
Kumar SVP Operations       1,800       1,736       1,736       1,706       1,706       1,529    
Piovaccari SVP Chief Technology Officer       2,019       1,798       1,798       1,548       1,548       1,480    
Bock Former President  N/A   N/A        1,634       1,645  N/A   N/A 
Hoff SVP Sales       3,410       2,064       2,064       1,448
Ivester SVP Strategic Operations       1,502       1,301
 Totals      14,711     15,275     15,275     14,982     11,609       9,065     11,100     10,199     10,056       7,978
Annual % Change vs Prior Year -3.7% 2.0% 28.1% 8.8% 26.0%
5 Year Average Per Year % Change 12.2%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Silicon Laboratories   2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Tuttle CEO       3,377       4,557       4,557       5,813    
Hollister CFO  N/A   N/A     
Bock Former President  N/A   N/A   N/A   N/A        1,126       2,020       2,020       1,688       1,688       1,259
Hoff SVP Sales       1,448       1,109       1,109       1,077       1,077       1,366       1,366       1,317       1,317       1,051
Ivester SVP Strategic Operations       1,301          975          975          902          902       1,131       1,131       1,125       1,125          995
Bresemann SVP Chief Product Officer       1,280       1,175
Walsh Former CFO  N/A   N/A        1,313       2,034       2,034          718          718          711          711          597
Sayiner CEO  N/A   N/A        3,145       5,537       5,537       4,830       4,830       4,223
 Totals        7,406       7,816       7,954       9,826       8,284     10,772     10,772       9,671       9,671       8,125
Annual % Change vs Prior Year -5.2% -19.1% -23.1% 11.4% 19.0%
5 Year Average Per Year % Change -3.4%
10 Year Average Per Year % Change 4.4%