Penguin Solutions: Pay

Penguin Solutions paid its 6 named executives $24.3M in total in FY2025 (Aug). CEO Mark Adams was paid $11.7M of that.

Pay$100 in the stock at the end of FY20 → $192
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

Mark AdamsPresident and Chief Executive Officer
FY2025 (Aug)
FY2024 (Aug)
FY2023 (Aug)
FY2022 (Aug)
FY2021 (Aug)
5 years
Tony FreySenior Vice President and Chief Revenue Officer
FY2025 (Aug)
1 year
Pete MancaFormer Senior Vice President and President, Advanced Computing
FY2025 (Aug)
FY2024 (Aug)
2 years
Anne KuykendallSenior Vice President and Chief Legal Officer
FY2025 (Aug)
FY2024 (Aug)
2 years
Nate OlmsteadSenior Vice President and Chief Financial Officer
FY2025 (Aug)
FY2024 (Aug)
2 years
Joseph ClarkSenior Vice President and President, Optimized LED
FY2025 (Aug)
FY2024 (Aug)
FY2023 (Aug)
3 years

CEO pay against the pay peers

In FY2025 (Aug), the median CEO pay of the 11 peers with pay on file was $5.0M. The CEO of Penguin Solutions was paid $11.7M, 134% above the median.

  1. 1Penguin Solutions
  2. 2Advanced Energy Industries
  3. 3Mercury Systems
  4. 4Pegasystems
  5. 5Maxlinear
  6. 6Semtech
  7. 7Digi International
  8. 8Photronics
  9. 9Ichor Holdings
  10. 10Alpha & Omega Semiconductor
  11. 11Netscout Systems
  12. 12Blackberry
  13. 13Cohu, Inc.Not disclosed
  14. 14Corsair GamingNot disclosed
  15. 15Extreme NetworksNot disclosed
  16. 16Infinera CorporationNot disclosed
  17. 17Ribbon CommunicationsNot disclosed
  18. 18Ultra Clean HoldingsNot disclosed
  19. 19ePlus 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.