Formfactor: Pay

Formfactor paid its 3 named executives $8.6M in total in FY2025 (Dec). CEO Michael D. Slessor was paid $5.5M of that.

Pay$100 in the stock at the end of FY20 → $130
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Michael D. SlessorPresident and CEO
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
5 years
Aric McKinnisSenior Vice President and CFO
FY2025 (Dec)
1 year
Shai ShaharSenior Vice President and CFO
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
5 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 11 peers with pay on file was $6.8M. The CEO of Formfactor was paid $5.5M, 19% below the median.

  1. 1Silicon Laboratories
  2. 2Advanced Energy Industries
  3. 3Viavi Solutions
  4. 4MACOM Technology Solutions Holdings
  5. 5Maxlinear
  6. 6Semtech
  7. 7Power Integrations
  8. 8Formfactor
  9. 9Photronics
  10. 10Ichor Holdings
  11. 11Alpha & Omega Semiconductor
  12. 12Lattice Semiconductor
  13. 13Axcelis TechnologiesNot disclosed
  14. 14CohuNot disclosed
  15. 15MKS InstrumentsNot disclosed
  16. 16Onto InnovationNot disclosed
  17. 17Ultra Clean HoldingsNot disclosed
  18. 18Veeco InstrumentsNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.