Board of directors (7)
Directors with a Section 16 filing in the last 13 months. “Since” is the first filing as a director; SEC data sets start in 2016.
Executive officers (6)
Company facts
- Chair
- Steve Sanghi
- In S&P 500 since
- Sep 2007
- Incorporated in
- DE
- Fiscal year ends
- March
- SEC industry
- Semiconductors & Related Devices
- SEC filings
- EDGAR
Connections to other S&P 500 companies
Current directors and officers who also hold a role at another S&P 500 company.
Major holders (5% or more)
Latest Schedule 13D/13G filing per holder. Holders that reported falling below 5% are not shown. Index funds usually report once a year.
No 5% holder filings parsed yet for this company.
Insider trades
Open-market purchases and sales reported on Form 4. Grants, option exercises and tax withholding are excluded.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| Aug 25, 2026 | James Eric Bjornholt SENIOR CORPORATE VP AND CFO | Sale | 4,112 | $75.32 | $310K |
| Aug 17, 2026 | James Eric Bjornholt SENIOR CORPORATE VP AND CFO | Sale | 837 | $80.26 | $67K |
| Jun 4, 2026 | Richard J. Simoncic CHIEF OPERATING OFFICER | Sale | 5,000 | $97.52 | $488K |
| May 28, 2026 | Matthew W. Chapman Director | Sale | 3,000 | $97.52 | $293K |
| May 22, 2026 | James Eric Bjornholt SENIOR CORPORATE VP AND CFO | Sale | 334 | $93.11 | $31K |
| May 22, 2026 | James Eric Bjornholt SENIOR CORPORATE VP AND CFO | Sale | 3,333 | $90.64 | $302K |
| May 22, 2026 | Richard J. Simoncic CHIEF OPERATING OFFICER | Sale | 5,000 | $93.44 | $467K |
| May 15, 2026 | Richard J. Simoncic CHIEF OPERATING OFFICER | Sale | 83 | $93.85 | $8K |
| May 15, 2026 | Matthew W. Chapman Director | Sale | 10,000 | $95.48 | $955K |
| May 13, 2026 | Mathew B. Bunker SR CORPORATE VP, OPERATIONS | Sale | 10,571 | $96.88 | $1.0M |
| May 13, 2026 | Richard J. Simoncic CHIEF OPERATING OFFICER | Sale | 10,000 | $97.55 | $976K |
| May 1, 2026 | Steve Sanghi President, CEO and Chair of Bd | Sale | 76,469 | $93.58 | $7.2M |
| Apr 30, 2026 | Steve Sanghi President, CEO and Chair of Bd | Sale | 33,502 | $92.37 | $3.1M |
| Apr 23, 2026 | Steve Sanghi President, CEO and Chair of Bd | Sale | 416,581 | $88.53 | $36.9M |
| Feb 24, 2026 | James Eric Bjornholt SENIOR CORPORATE VP AND CFO | Sale | 2,000 | $78.93 | $158K |
| Feb 24, 2026 | James Eric Bjornholt SENIOR CORPORATE VP AND CFO | Sale | 3,530 | $77.09 | $272K |
| Feb 12, 2026 | Joseph R. Krawczyk II SR. CORP VP, WW CLIENT ENGMT | Sale | 4,400 | $78.58 | $346K |
| Feb 12, 2026 | Mathew B. Bunker SR CORPORATE VP, OPERATIONS | Sale | 10,000 | $78.37 | $784K |
| Feb 12, 2026 | Steve Sanghi President, CEO and Chair of Bd | Sale | 94,869 | $82.46 | $7.8M |
| Jan 28, 2026 | Steve Sanghi President, CEO and Chair of Bd | Sale | 98,814 | $80.55 | $8.0M |
| Jan 22, 2026 | Steve Sanghi President, CEO and Chair of Bd | Sale | 18,509 | $79.20 | $1.5M |
| Nov 25, 2025 | James Eric Bjornholt SENIOR CORPORATE VP AND CFO | Sale | 4,292 | $50.39 | $216K |
| Aug 25, 2025 | Matthew W. Chapman Director | Sale | 10,000 | $68.26 | $683K |
| Aug 25, 2025 | James Eric Bjornholt SENIOR CORPORATE VP AND CFO | Sale | 4,303 | $68.42 | $294K |
| Aug 25, 2025 | James Eric Bjornholt SENIOR CORPORATE VP AND CFO | Sale | 3,053 | $69.14 | $211K |
Board and executive changes
Every 8-K with Item 5.02 (departure, election or appointment of directors and officers). The text is the first paragraph of the item.
- Aug 19, 2026
On August 18, 2026, our stockholders approved an amendment and restatement of our 2004 Equity Incentive Plan (the "Plan") to increase the number of shares of common stock authorized for issuance thereunder by 12,000,000. Our Board of Directors had previously approved the amendment and restatement of our Plan, subject to stockholder approval. The foregoing description of the Plan is qualified in its entirety by reference to the Plan, a copy of which is filed as Exhibit 10.1 hereto and incorporated herein by reference.
Read the 8-K filing - Jul 24, 2026
On July 23, 2026, Richard J. Simoncic, Chief Operating Officer of Microchip Technology Incorporated (the "Company"), notified the Company that he was resigning from the Company effective August 17, 2026 to become Chief Executive Officer of Menlo Microsystems, Inc., a private company headquartered in Irvine, California.
Read the 8-K filing - Jun 1, 2026
On May 28, 2026, the Board of Directors (the "Board") of Microchip Technology Incorporated ("Microchip"), upon the recommendation from the Nominating, Governance and Sustainability Committee of the Board, appointed Mitch Little, former Senior Vice President, Worldwide Client Engagement of Microchip, as a member of the Board, effective June 1, 2026. Mr. Little founded CUSP Advisory Group and has authored two books, Shiftability: Creating a Sustainable Competitive Advantage in Selling and CUSP: Leading by Serving, When Outcomes Matter Most, to help lead others in understanding client value, excellence in co-creating leadership, and results outcome. Mr. Little was not appointed to any committee of the Board. Mr. Little retired from Microchip effective May 31, 2022. The Board determined that Mr.
Read the 8-K filing - May 2, 2025
On May 1, 2025, the Board of Directors (the "Board") of Microchip Technology Incorporated, upon the recommendation from the Nominating, Governance and Sustainability Committee of the Board, appointed Rick Cassidy, Senior Vice President of Corporate Strategy Development at Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) and Chairman of TSMC Arizona, as a member of the Board, effective May 2, 2025. Mr. Cassidy has not yet been appointed to any committee of the Board. In connection with Mr. Cassidy’s appointment to the Board and upon recommendation of the Nominating, Governance and Sustainability Committee of the Board, the Board approved a resolution to increase the size of the Board from 6 to 7 directors. There is no arrangement or understanding between Mr. Cassidy and any other person pursuant to which Mr. Cassidy was appointed as a director. There are no transactions in which Mr.
Read the 8-K filing - Feb 24, 2025
On February 19, 2025, Robert A. Rango, a member of the Board of Directors (the "Board") of Microchip Technology Incorporated (the "Company"), retired from the Board effective as of February 19, 2025. The Company thanks Mr. Rango for his service on the Board and his contributions to the Company.
Read the 8-K filing - Feb 4, 2025
On February 4, 2025, the Board, upon recommendation from its Nominating, Governance and Sustainability Committee, appointed Victor Peng, formerly the president of Advanced Micro Devices, Inc. (AMD), as a member of the Board, effective February 10, 2025. Mr. Peng has not yet been appointed to any committee of the Board. There is no arrangement or understanding between Mr. Peng and any other person pursuant to which Mr. Peng was appointed as a director. There are no transactions in which Mr. Peng has an interest requiring disclosure under Item 404(a) of Regulation S-K. Mr. Peng will participate in the Company’s standard compensation plan for non-employee directors.
Read the 8-K filing - Nov 20, 2024
On November 18, 2024, Microchip Technology Incorporated ("we," "our" or "Microchip") announced that Ganesh Moorthy retired as Chief Executive Officer and President and as a member of the Board of Directors of Microchip (the "Board") and the Board elected Microchip’s former Chief Executive Officer and President, Steve Sanghi, to serve as interim Chief Executive Officer and President effective November 18, 2024. Mr. Sanghi, age 69, is currently and will continue to serve as Chair of the Board. Mr. Sanghi previously served as Executive Chair of the Board from March 2021 until August 2024, as Chair of the Board from October 1993 until March 2021, as Chief Executive Officer of Microchip from October 1991 until March 2021, and as President of Microchip from August 1990 until February 2016.
Read the 8-K filing - Aug 22, 2024
On August 20, 2024, our stockholders approved an amendment and restatement of our 2004 Equity Incentive Plan (the "Plan") to increase the number of shares of common stock authorized for issuance thereunder by 8,000,000. Our Board of Directors had previously approved the amendment and restatement of our Plan, subject to stockholder approval. The foregoing description of the Plan is qualified in its entirety by reference to the Plan, a copy of which is filed as Exhibit 10.1 hereto and incorporated herein by reference.
Read the 8-K filing - Aug 1, 2024
On August 1, 2024, Steve Sanghi, the Company’s Executive Chair, informed the Company of his retirement as an officer and employee of the Company effective at the end of the day on August 20, 2024. Mr. Sanghi plans to continue to serve on the Company’s board of directors and as chair of the board.
Read the 8-K filing - Apr 2, 2024
Appointment of Chief Operating Officer On April 1, 2024, the Board of Directors of Microchip Technology Incorporated (the “Company”), appointed Richard J. Simoncic as Chief Operating Officer of the Company. In this position, Mr. Simoncic will report to Ganesh Moorthy, the President and Chief Executive Officer of the Company. Mr. Simoncic, age 60, has served as the Company’s Executive Vice President since April 2023. He served as Vice President, Analog Power and Interface Business Units from September 1999 to April 2023 and, from October 1995 to September 1999, he served as Vice President in various roles. Since joining Microchip in 1990, Mr. Simoncic held various roles in Design, Device/Yield Engineering and Quality Systems. Mr. Simoncic holds a B.S. degree in Electrical Engineering Technology from DeVry Institute of Technology. There are no family relationships between Mr.
Read the 8-K filing - Feb 5, 2024
In connection with other expense reduction actions being taken by the management team of Microchip Technology Incorporated (“Microchip”), on February 2, 2024, the Compensation Committee of Microchip’s Board of Directors (the “Compensation Committee”) approved a 20% salary reduction for Microchip’s Chief Executive Officer and President (Ganesh Moorthy) and other executive staff members (including Microchip’s other named executive officers, Steve Sanghi, Rich Simoncic, Eric Bjornholt and Steve Drehobl) effective February 19, 2024. In addition, the Compensation Committee approved and recommended that the Microchip Board of Directors approve a 20% reduction in the cash compensation of the non-employee members of the Board of Directors.
Read the 8-K filing - Jan 22, 2024
On January 19, 2024, the Board of Directors (the “Board”) of Microchip Technology Incorporated (the “Company”), upon recommendation from its Nominating, Governance and Sustainability Committee, appointed Ellen Barker, formerly the Senior Vice President and Chief Information Officer of Texas Instruments (TI), as a member of the Board, effective February 2, 2024. Ms. Barker has not yet been appointed to any committee of the Board. There is no arrangement or understanding between Ms. Barker and any other person pursuant to which Ms. Barker was appointed as a director. There are no transactions in which Ms. Barker has an interest requiring disclosure under Item 404(a) of Regulation S-K. Ms. Barker will participate in the Company’s standard compensation plan for non-employee directors.
Read the 8-K filing - Aug 23, 2023
On May 23, 2023, Microchip Technology Incorporated's ("we," "our" or "Microchip") Board of Directors (the "Board") approved, subject to stockholder approval, the amendment and restatement of our 2001 Employee Stock Purchase Plan (the "2001 ESPP") and our 1994 International Employee Stock Purchase Plan (the "1994 IESPP") to extend the term of each of the 2001 ESPP and 1994 IESPP by ten years to August 31, 2034 and November 30, 2034, respectively. On August 22, 2023, following receipt of stockholders’ approval, each of the amended and restated 2001 ESPP and 1994 IESPP became effective. The foregoing description of the amendments to such plans is qualified in their entirety by reference to the 2001 ESPP and 1994 IESPP, copies of which are filed as Exhibits 10.1 and 10.2 hereto and incorporated herein by reference, respectively.
Read the 8-K filing - Jun 27, 2023
On June 27, 2023, Esther L. Johnson, a member of the Board of Directors (the “Board”) of Microchip Technology Incorporated (the “Company”), retired from the Board effective as of the date of the Company’s annual meeting of stockholders to be held on August 22, 2023. The Company thanks Ms. Johnson for her years of service on the Board and her contributions to the Company.
Read the 8-K filing - Dec 16, 2022
On December 16, 2022, the Board of Directors (the “Board) of Microchip Technology Incorporated (the “Company”), upon recommendation from its Nominating, Governance and Sustainability Committee, appointed Robert Rango, formerly the President and Chief Executive Officer of Enevate Corporation and Executive Vice President of Broadcom’s Mobile and Wireless Group, as a director of the Company, effective January 3, 2023. Mr. Rango has not yet been appointed to any committee of the Board. There is no arrangement or understanding between Mr. Rango and any other person pursuant to which Mr. Rango was appointed as a director. There are no transactions in which Mr. Rango has an interest requiring disclosure under Item 404(a) of Regulation S-K. Mr. Rango will participate in the Company’s standard compensation plan for non-employee directors.
Read the 8-K filing
Show 12 older changes
- Nov 29, 2021
On November 29, 2021, Mitchell R. Little, Senior Vice President Worldwide Client Engagement of Microchip Technology Incorporated (the “Company”), notified the Company of his decision to retire from the Company effective May 31, 2022. -2-
Read the 8-K filing - Aug 26, 2021
On May 25, 2021, Microchip Technology Incorporated’s (“we,” “our” or “Microchip”) Board of Directors approved, subject to stockholder approval, the amendment and restatement of its 2004 Equity Incentive Plan (the “2004 Plan”) to extend the term of the 2004 Plan by ten years to August 24, 2031. On August 24, 2021, following receipt of stockholders’ approval, the amended and restated 2004 Plan became effective, a copy of which is filed as Exhibit 10.1 hereto.
Read the 8-K filing - Apr 7, 2021
On April 1, 2021, upon the recommendation of the Compensation Committee of the Board of Directors (the “Board”) of Microchip Technology Incorporated (the “Company”), the Board approved an amendment and restatement of the Company’s 2004 Equity Incentive Plan (the “Amended Plan”) to increase the value of the annual grant of restricted stock units to non-employee directors from $123,000 to $170,000. The foregoing description is qualified in its entirety by reference to the Amended Plan, filed as Exhibit 10.1 hereto and incorporated herein by reference.
Read the 8-K filing - Mar 2, 2021
As previously announced by Microchip Technology Incorporated (“we,” “our” or “Microchip”), effective March 1, 2021, Steve Sanghi transitioned from Chief Executive Officer and Chair of the Board of Directors (the “Board”) to an Executive Chair role and Ganesh Moorthy was appointed as Chief Executive Officer and continues to serve as President. In connection with the foregoing, on February 26, 2021, the Compensation Committee of the Board approved changes to the compensation for Mr. Sanghi and Mr. Moorthy. Specially, effective March 1, 2021, Mr. Sanghi’s base salary was reduced by 40.0% to $483,556.82 and, effective April 1, 2021, his participation level under our Management Incentive Compensation Plan (“MICP”) was reduced from 200% of his base salary to 120% of his base salary. Also, effective May 31, 2021, Mr.
Read the 8-K filing - Nov 5, 2020
On November 5, 2020, Microchip announced that Steve Sanghi, the current Chief Executive Officer and Chair of the Board of Directors of the Company (the “Board”) will transition to an Executive Chair role effective March 1, 2021. The Company also announced that on November 4, 2020, Ganesh Moorthy, the current President and Chief Operating Officer of Microchip, was appointed as the Company’s next Chief Executive Officer, effective March 1, 2021. Upon the effectiveness of such appointment, Mr. Moorthy will serve as Chief Executive Officer in addition to his continued role as President. Also, on November 4, 2020, the Board, upon recommendation from its Nominating and Governance Committee, appointed Mr. Moorthy as a director of the Company effective January 4, 2021. Mr. Moorthy, age 60, has served as President of Microchip since February 2016 and as Chief Operating Officer since June 2009.
Read the 8-K filing - Apr 9, 2020
In response to uncertainties related to the impact of the COVID-19 virus and in connection with other expense reduction actions being taken by our management team, on April 8, 2020, the Compensation Committee of our Board of Directors approved a 20% salary cut for Microchip’s Chief Executive Officer (Steve Sanghi), President (Ganesh Moorthy) and other executive staff members (including our other named executive officers, Eric Bjornholt, Steve Drehobl and Mitch Little) effective April 20, 2020. In addition, the Microchip board of directors approved a 20% cut in their cash compensation effective April 20, 2020.
Read the 8-K filing - Jan 7, 2020
On January 2, 2020, the Compensation Committee (the “ Committee ”) of the Board of Directors of Microchip Technology Incorporated, a Delaware corporation (the “ Company ”), approved an additional form of Notice of Grant of Restricted Stock Units (TSR) (the “ RSU Notice ”), which includes provisions related to performance based vesting, for use under the Company’s 2004 Equity Incentive Plan. Restricted stock units (“ RSUs ”) granted using the RSU Notice will be earned based on the relative total shareholder return of the Company’s common stock compared to a peer group of twenty companies over a two-year period and will also be subject to time based vesting requirements. The RSU Notice is filed as Exhibit 10.1 hereto and is incorporated herein by reference.
Read the 8-K filing - May 24, 2019
On May 21, 2019, the Board approved an amendment and restatement of the Company’s 2004 Equity Incentive Plan (the “Amended Plan”) to (i) increase the value of the annual grant of restricted stock units to non-employee directors from $84,000 to $123,000, (ii) remove references to “performance-based compensation” for purposes of Internal Revenue Code Section 162(m) and (iii) make certain other changes as set forth in the Amended Plan. The foregoing description is qualified in its entirety by reference to the Amended Plan, filed as Exhibit 10.1 hereto and incorporated herein by reference.
Read the 8-K filing - Aug 25, 2017
On August 22, 2017, our stockholders approved an amendment and restatement of our 2004 Equity Incentive Plan (“2004 Plan”) to (i) increase the number of shares of common stock authorized for issuance thereunder by 6,000,000, (ii) re-approve the material terms of the plan for purposes of Section 162(m) of the Internal Revenue Code, and (iii) make certain other changes as set forth in the amended and restated 2004 Plan. Our Board of Directors had previously approved the amendment and restatement of our 2004 Plan, subject to stockholder approval. The 2004 Plan is filed as Exhibit 10.1 hereto.
Read the 8-K filing - Aug 18, 2016
On August 15, 2016, our stockholders re-approved the material terms of our Executive Management Incentive Compensation Plan, as amended (“EMICP”), so that we can continue to grant equity awards that constitute “performance-based compensation” for purposes of Section 162(m) of the Internal Revenue Code. The EMICP is filed as Exhibit 10.1 hereto.
Read the 8-K filing - Apr 11, 2016
As previously announced, on April 4, 2016, Microchip Technology Incorporated (“Microchip”) completed its acquisition of Atmel Corporation (“Atmel”). In connection with post-closing integration planning and retention and severance planning considerations for non-executive Atmel employees, Steve Sanghi, Chairman and Chief Executive Officer of Microchip, and Ganesh Moorthy, President and Chief Operating Officer of Microchip, voluntarily agreed to a 50% reduction in their base salaries for the period from April 11, 2016 through July 1, 2016. The Compensation Committee of the Microchip Board of Directors approved this voluntary salary reduction on April 7, 2016. 2
Read the 8-K filing - Feb 3, 2016
On February 3, 2016, the Board of Directors (“Board”) of Microchip Technology Incorporated (the “Company”), appointed Ganesh Moorthy as President and Chief Operating Officer of the Company. In this position, Mr. Moorthy will report to Steve Sanghi who will remain as Chairman of the Board and Chief Executive Officer of the Company. Mr. Sanghi also served as President of the Company prior to Mr. Moorthy’s promotion. Mr. Moorthy, age 56, has served as the Company’s Chief Operating Officer since June 2009, as Executive Vice President since October 2006 and as a Vice President in various roles since he joined the Company in 2001. Prior to this time, he served in various executive capacities with other semiconductor companies. Mr. Moorthy holds an M.B.A. in Marketing from National University, a B.S. degree in Electrical Engineering from the University of Washington and a B.S.
Read the 8-K filing
Proxy statements (DEF 14A): 2026 · 2025 · 2024 · 2023 · 2022 · 2021
Share price
Annual financials
From the company's 10-K XBRL data (SEC companyfacts).
| Fiscal year | Revenue | Net income | Margin | Diluted EPS | Total assets |
|---|---|---|---|---|---|
| FY2025 | $4.7B | $230.0M | 4.9% | $0.22 | $14.4B |
| FY2024 | $4.4B | -$500K | -0.0% | $-0.01 | $15.4B |
| FY2023 | $7.6B | $1.9B | 25.0% | $3.48 | $15.9B |
| FY2022 | $8.4B | $2.2B | 26.5% | $4.02 | $16.4B |
| FY2021 | $6.8B | $1.3B | 18.8% | $2.27 | $16.2B |
| FY2020 | $5.4B | $349.4M | 6.4% | $0.65 | $16.5B |
| FY2019 | $5.3B | $570.6M | 10.8% | $1.11 | $17.4B |
| FY2018 | $5.3B | $355.9M | 6.7% | $1.42 | $18.4B |
Former directors and officers (7)
People who stopped filing as an insider of this company. “Last filing” is the last Form 3/4/5, an upper bound on when they left.