Russell C. Ellwanger Salary and Compensation - TOWER SEMICONDUCTOR LTD CEO Pay 2024

In fiscal year 2024, Russell C. Ellwanger, Chief Executive Officer of TOWER SEMICONDUCTOR LTD (TSEM), received total compensation of $12.4 million.

Russell C. Ellwanger's compensation breakdown includes: base salary of $970K, bonus of $1.6 million, stock awards valued at $9.5 million, and other compensation of $280K.

Compared to fiscal year 2023, Russell C. Ellwanger's total compensation increased 72% from $7.2 million to $12.4 million.

TOWER SEMICONDUCTOR LTD (TSEM) Executive Pay 2024

TOWER SEMICONDUCTOR LTD's top 8 named executive officers received combined total compensation of $25.6 million in fiscal year 2024.

The named executive officers disclosed in TOWER SEMICONDUCTOR LTD's 2024 proxy statement are:Russell C. Ellwanger (Chief Executive Officer) with total compensation of $12.4 million, Marco Racanelli (President) with total compensation of $4.2 million, Oren Shirazi (Chief Financial Officer, Senior Vice President of Finance) with total compensation of $3.5 million, Rafi Mor (Chief Operating Officer) with total compensation of $2.9 million, Avi Strum (Chief Technology Officer) with total compensation of $2.2 million, Amir Elstein (Chairman of the Board of Directors) with total compensation of $300K, Kalman Kaufman (Director) with total compensation of $60K, and Dana Gross (Director) with total compensation of $60K.