2012 Executive Officer Compensation Approval by Volterra Semiconductor Corporation
Volterra Semiconductor Corporation's Compensation Committee approved new 2012 base salaries for certain executive officers, including the President and CEO, CFO, and Vice President of Worldwide Sales. The base salaries for two other senior vice presidents remain unchanged from 2011. This document outlines the updated compensation terms for these executives for the year 2012.
Exhibit 10.1
2012 Executive Officer Compensation
On January 20, 2012, the Compensation Committee of the Board of Directors of Volterra Semiconductor Corporation (the “Company”) approved the following changes to 2012 base salaries for certain of its executive officers:
| Name and Title | 2012 Base Salary | |||
| Jeff Staszak | ||||
| President and Chief Executive Officer | $ | 430,000 | ||
| Mike Burns | ||||
| Senior Vice President, Finance and Chief Financial Officer | $ | 270,000 | ||
| Tom Truman | ||||
| Vice President, Worldwide Sales | $ | 240,000 | ||
Compensation for Mr. Bill Numann, Senior Vice President, Server and Storage, and Telecommunications Products Group, and Dr. Craig Teuscher, Senior Vice President, Notebook Products Group, remained unchanged from their 2011 base salaries.
