WADE F. MEYERCORD - Corporate Board Profile

MICROCHIP TECHNOLOGY INC

Filing Date	Source Excerpt
2018-07-12	Wade F. Meyercord has served as a director of Microchip since June 1999. Since October 2002, he has served as President of Meyercord & Associates, Inc., a privately held management consulting firm specializing in executive compensation matters and stock plan consulting for technology companies, a position he previously held part time beginning in 1987. Mr. Meyercord served as a member of the Board of Directors of Endwave Corporation, a publicly held company, from March 2004 until it was acquired in 2011. Mr. Meyercord served as a member of the Board of Directors of California Micro Devices Corporation, a publicly held company, from January 1993 to October 2009 and Magma Design Automation, Inc., a publicly held company, from January 2004 to June 2005. The Board of Directors concluded that Mr. Meyercord should be nominated to serve as a director due to his significant experience as a senior executive and board member of a number of companies in the technology industry. Mr. Meyercord gained further industry experience through his consulting practice. The Board of Directors believes that Mr. Meyercord's background makes him well suited to serve on the Board of Directors' nominating and governance committee and compensation committee. The Board of Directors also recognizes his experience in financial matters and that his background establishes him as an audit committee financial expert under applicable rules. 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. Meyercord was a member of the Audit Committee, Chairman of the Compensation Committee and Chairman of the Nominating and Governance Committee. The following table details the total compensation for Microchip's non-employee directors for fiscal 2018: Wade F. Meyercord 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: Wade F. Meyercord Fees Earned or Paid in Cash $83,500 Stock Awards $81,139 Total $164,639. Membership on Board Committees in Fiscal 2019: Mr. Meyercord Audit Committee Member, Compensation Committee Chair, Nominating and Governance Committee Member.
2020-07-14	Wade F. Meyercord has served as a director of Microchip since June 1999. The Board of Directors has determined that Mr. Meyercord is an independent director. He serves on the Audit Committee, is Chair of the Compensation Committee, and serves on the Nominating and Governance Committee. Director compensation for fiscal 2020 was $205,485.
2021-07-19	Wade F. Meyercord has served as a director of Microchip since June 1999. ... Mr. Meyercord is 80 years old as of June 30, 2021. ... The Board of Directors concluded that Mr. Meyercord should be nominated to serve as a director due to his significant experience as a senior executive and board member of a number of companies in the technology industry. ... The Board of Directors believes that Mr. Meyercord's background makes him well suited to serve on the Board of Directors' Audit Committee and Compensation Committee. ... The following table details the total compensation for Microchip's non-employee directors for fiscal 2021: ... Wade F. Meyercord Fees Earned or Paid in Cash $78,357, Stock Awards $121,244, Total $199,601.
2022-07-14	Wade F. Meyercord has served as a director of Microchip since June 1999. ... Mr. Meyercord is 81 years old as of June 30, 2022. ... The Board believes that Mr. Meyercord's background makes him well suited to serve on the Board's Audit Committee and as Chair of the Compensation Committee. ... DIRECTOR COMPENSATION ... Wade F. Meyercord ... Fees Earned or Paid in Cash: $90,000 ... Stock Awards: $167,964 ... Total: $257,964.
2023-07-07	Wade F. Meyercord has served as a director of Microchip since June 1999, and as Lead Independent Director since June 2023. ... Mr. Meyercord is 82 years old as of June 30, 2023. ... Mr. Meyercord is Chair of the Compensation Committee and serves on the Nominating, Governance, and Sustainability Committee. ... Director Compensation table shows Wade F. Meyercord total compensation of $281,672.
2024-07-08	Wade F. Meyercord 134,038 195,898 — — 329,936 The Compensation Committee is currently comprised of Mr. Meyercord (Chair), Mr. Johnson and Mr. Rango.