Cirrus Logic, Inc

In 2024, Gregory S. Thomas, serving as the Senior Vice President and General Counsel, received a total compensation package of $1,800,501. This reflects a notable reliance on stock-based compensation, with stock awards amounting to $666,895 and option awards totaling $333,337, culminating in approximately 56% of his total compensation originating from equity-based sources. Such compensation structures are designed to drive long-term value and performance for the company, encouraging executives to focus on sustained corporate growth and stability.[1]


This strategic focus on equity is mirrored in the compensation of executives from previous years. For instance, in 2022, Jeffrey W. Baumgartner, Vice President of Research and Development, received nearly 45% of his $1,904,021 total compensation in the form of equity awards. Similarly, in 2020, Thurman K. Case, Vice President and Chief Financial Officer, alongside John M. Forsyth, then President, reported stock and option awards constituting significant portions of their compensation, underscoring the company's emphasis on performance-linked pay and shareholder alignment.[2][3][4]

Cirrus Logic's emphasis on equity compensation appears synchronously aligned with its market performance and industry standing. Despite current market volatility, with the stock trading at $103.31 and down approximately 2.20% from a recent high, Cirrus Logic's compensation policy may foster resilience and future growth potential by motivating executive stakeholders to strive for robust financial results and strategic execution.[5]

This alignment of compensation with business objectives is crucial, especially in the tumultuous semiconductor sector, where innovation and rapid technological advancement are pivotal. Cirrus Logic's strategy of incentivizing leadership through significant stock-based rewards might offer a dual advantage—retaining top talent and maintaining competitive business acumen. With an impending earnings announcement, the strategic efficacy of these compensation models will be further scrutinized as they continue to shape the decision-making landscape within Cirrus Logic.

Ultimately, Cirrus Logic’s judicious employment of equity-based incentives not only molds its executive compensation framework but also serves as a potentially efficacious lever for bolstering organizational resilience amid fluctuating market dynamics.

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1. SEC Filing - 2024. Available at: [url](https://www.sec.gov/Archives/edgar/data/772406/000077240624000041/0000772406-24-000041-index.htm)
2. SEC Filing - 2022. Available at: [url](https://www.sec.gov/Archives/edgar/data/772406/000077240622000020/0000772406-22-000020-index.htm)
3. SEC Filing - 2020 (Thurman K. Case). Available at: [url](https://www.sec.gov/Archives/edgar/data/772406/000077240621000019/0000772406-21-000019-index.htm)
4. SEC Filing - 2020 (John M. Forsyth). Available at: [url](https://www.sec.gov/Archives/edgar/data/772406/000077240620000018/0000772406-20-000018-index.htm)
5. Market Snapshot data for Cirrus Logic, Inc.