Corporate Board Profile
Tech Score: 0/100
| Filing Date | Source Excerpt |
|---|---|
| 2018-07-12 | L.B. Day has served as a director of Microchip since December 1994. Mr. Day serves as President of L.B. Day & Company, Inc., which provides strategic planning, strategic marketing and organization design services to the elite of the technology world. He has written on strategic planning and is involved with competitive factor assessment in the semiconductor and other technology market segments, geared to helping client organizations incorporate competitive factor assessment findings into their strategic plans. He has served as a board member or as an advisor to many public and private boards. The Board of Directors concluded that Mr. Day should be nominated to serve as a director due to his significant experience in corporate management and strategic matters. In particular, through his consulting practice, Mr. Day has been a key strategic advisor to a number of large public corporations. The Board of Directors also recognizes Mr. Day's experience in financial matters. The Board of Directors believes that Mr. Day's background makes him well suited to serve on the Board of Directors' nominating and governance committee and compensation committee. The following table lists our three Board committees, the directors who served on them and the number of committee meetings held in fiscal 2018: Mr. Day was a member of the Audit Committee, Chairman of the Compensation Committee and a member of the Nominating and Governance Committee. The following table details the total compensation for Microchip's non-employee directors for fiscal 2018: L.B. Day received $83,500 in fees and $81,068 in stock awards, totaling $164,568. |
| 2019-07-15 | The following table details the total compensation for Microchip's non-employee directors for fiscal 2019: L.B. Day Fees Earned or Paid in Cash $83,500 Stock Awards $81,139 Total $164,639. Membership on Board Committees in Fiscal 2019: Mr. Day Audit Committee Member, Compensation Committee Chair. |
| 2020-07-14 | L.B. Day has served as a director of Microchip since December 1994. The Board of Directors has determined that Mr. Day is an independent director. He serves on the Audit Committee and Compensation Committee. Director compensation for fiscal 2020 was $205,485. |
Data sourced from SEC filings. Last updated: 2025-12-06