indie Semiconductor: Pay

indie Semiconductor paid its 5 named executives $9.5M in total in FY2025 (Dec). CEO Donald McClymont was paid $3.7M of that.

Pay$100 in the stock at the end of FY21 → $29
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

Donald McClymontChief Executive Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)
FY2021 (Dec)
5 years
Naixi WuChief Financial Officer
FY2025 (Dec)
1 year
Michael WittmannChief Operation Officer
FY2025 (Dec)
FY2024 (Dec)
2 years
Kanwardev Raja Singh BalChief Financial Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
3 years
Ichiro AokiPresident
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 7 peers with pay on file was $7.5M. The CEO of indie Semiconductor was paid $3.7M, 50% below the median.

  1. 1SITIME
  2. 2Silicon Laboratories
  3. 3Maxlinear
  4. 4Ambarella
  5. 5Impinj
  6. 6Power Integrations
  7. 7Alpha & Omega Semiconductor
  8. 8indie Semiconductor
  9. 9Aeva Technologies, Inc.Not disclosed
  10. 10CEVA, Inc.Not disclosed
  11. 11Credo Technology Group HoldingNot disclosed
  12. 12Luminar Technologies, Inc.Not disclosed
  13. 13Navitas Semiconductor CorporationNot disclosed
  14. 14Ouster, Inc.Not disclosed
  15. 15Rambus Inc.Not disclosed
  16. 16SkyWater Technology, Inc.Not 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.