Microchip Technology Incorporated (MCHP)

Steve Sanghi runs Microchip and chairs its board. He was chief executive from October 1991 to March 2021 and has chaired the board since October 1993, serving as executive chair in the years he was not chief executive; he was president from August 1990 to February 2016 and has been a director since August 1990. The board made him chief executive and president again on an interim basis on November 18, 2024 and permanently on July 2, 2025. He also sits on the board of Impinj, where he became chair in June 2022, and on the board of Intel, since December 2024. On the record this site holds, Ganesh Moorthy, who filed as president and chief executive, made his last insider filing in November 2024. 12345

Four other executive officers are named, and all have spent most of their working lives at the company. Richard J. Simoncic has been chief operating officer since April 1, 2024; he joined in 1990 and worked in design, yield engineering and quality systems before running the analog power and interface business. J. Eric Bjornholt has been chief financial officer since January 2009 and joined in 1995. Mathew B. Bunker, who runs operations, has been employed since February 1993 and a vice president since May 2007. Joseph R. Krawczyk II, who runs worldwide client engagement, joined in September 1995. The company says its culture is a key reason so many employees have long tenure and have grown from individual contributors into senior leadership. Of the nineteen people on this site's insider record, twelve are still filing, among them Stephanus Duvenhage, who first filed in September 2026 as senior corporate vice president of the analog business unit. 6789105

The board has seven members: Ellen L. Barker, Rick Cassidy, Matthew W. Chapman, Mitch Little, Victor Peng, Karen M. Rapp and Steve Sanghi. All of them except Sanghi are independent, and because the chair is also the chief executive the company's guidelines require a lead independent director: Matthew W. Chapman, a director since May 1997 and the audit committee's chair, was appointed to that role in November 2024. Three of the newer members come from elsewhere in the industry: Rick Cassidy, who was chairman of TSMC Arizona and a senior vice president of TSMC until July 1, 2025; Victor Peng, president of Advanced Micro Devices from 2022 to 2024 and chief executive of Xilinx from 2018 to 2022; and Mitch Little, who retired from Microchip in May 2022, having run its worldwide client engagement, and was elected to the board on June 1, 2026. 1112131415161718

The workforce is about 17,900 people, and because Microchip builds as well as designs, much of it is in factories: wafer fabrication at Gresham, Oregon and Colorado Springs, Colorado, assembly and test in Thailand and the Philippines, and research centers in Bengaluru, Hyderabad and Chennai in India. That headcount has been cut. In the fourth quarter of fiscal 2025 the company began a global reduction in force, which it completed in the first quarter of fiscal 2026, with headcount reductions at its manufacturing plants in Oregon, Colorado Springs and the Philippines. In the proxy statement the chief executive describes it as cutting the workforce by approximately 10%, the first broad-based layoff since 2002. 1920212223242526