Xilinx CEO Fiscal '09 Compensation Valued At $1.1M
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XLNX
The calculations don't include changes in the present value of pension benefits, and they sometimes differ from the totals companies list in the summary compensation table of proxy statements filed with the Securities and Exchange Commission, which reflect the size of the accounting charge taken for the executive's compensation in the previous fiscal year.
The San Jose, Calif.-based company said in April that while the economic turmoil remains challenging for semiconductor companies, it was able to outperform the chip industry throughout the downturn. It earned $375.6 million for the fiscal year, up slightly from $374 million. Revenue edged lower to $1.83 billion from $1.84 billion. Shares of Xilinx fell about 18 percent during the fiscal year, to close at $19.49 on March 27, the last trading day before the fiscal year ended on March 28. The stock has advanced since, closing Monday at $21.61.- Loading Comments...
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