Kurt Sievers
Personal wealth note: Equibles reports source-backed professional activity and disclosed compensation; it does not estimate personal net worth.
About Kurt Sievers
Earlier roles on record: CEO at NXP Semiconductors N.V. (NXPI) until December 31, 2025 and CEO and Board Member at NXP Semiconductors N.V. (NXPI) until October 28, 2025. NXP Semiconductors N.V. reported in an 8-K filed October 28, 2025 that Kurt Sievers retired as CEO and executive director, effective October 28, 2025. NXP Semiconductors N.V. reported in an 8-K filed April 28, 2025 that Kurt Sievers resigned as Executive Director of the Board of Directors, effective October 28, 2025. NXP Semiconductors N.V. reported in an 8-K filed April 28, 2025 that Kurt Sievers retired as CEO and President, effective October 28, 2025. The proxy statement of NXP Semiconductors N.V. reports total compensation of $3,376,163 for Kurt Sievers in fiscal 2025, including a base salary of $1,363,718. Disclosed compensation is on record for 9 fiscal years. Kurt Sievers has spoken on 21 earnings calls across 1 company, most recently for NXP Semiconductors N.V. on July 22, 2025.
“Kurt Sievers has voluntarily retired as CEO and executive director of NXP Semiconductors N.V. (the "Company"), effective October 28, 2025.”
“resigned as Executive Director and CEO of NXP effective as of October 28, 2025.”
Summary generated from SEC filings and earnings-call records held by Equibles.
Affiliation history
Recorded current and former roles; source labels appear when available.
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NXP Semiconductors N.V. (NXPI)
Proxy statement
Start not stated–2020-04-13
Last confirmed by a filing; no departure on record
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Start not stated–2025-10-28
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Start not stated–2025-10-28
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Start not stated–2025-10-28
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Start not stated–2025-12-31
Company network
Recorded roles and call appearances connecting this person to public companies.
Executive compensation
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | NXP Semiconductors N.V. (NXPI) | Former Executive Director, President and Chief Executive Officer 1.All amounts presented in the Summary Compensation Table, and in the supporting tables that follow, are expressed in U.S. dollars. A portion of Mr. Sotomayor's annual base salary equivalent to 600,000 is denominated in U.S. dollars and paid to him in Euros through NXP Semiconductors Netherlands B.V. Certain amounts payable to Mr. Sievers were paid in Euros. The Euro to U.S. dollar exchange rate used for the purpose of the Summary Compensation Table and the supporting tables that follow is the average monthly rates for the full year (i) 1.1242 for 2025,: (ii) 1.0811 for 2024, (iii) 1.0829 for 2023.2.These amounts represent the aggregate weighted grant date fair value of RSU and PSU awards in the fiscal years shown. The stock award value is calculated in accordance with ASC 718. See Note 2—Significant Accounting Policies ‘Share-based compensation’ and Note 18— Share-based Compensation, both found in Part II, Item 8, “Financial Statements and Supplementary Data” in the Notes to Consolidated Financial Statements in the Annual Report on Form 10-K for the year ended December 31, 2025 for additional information. For a description of the grant terms, see the footnotes of the Grants of Plan-Based Awards table below. Assuming maximum achievement of performance metrics in the performance period, using the Company’s closing stock price on the date of grant and 200% of the target shares, the maximum values of the 2025 PSUs at the date of grant are as follows: Mr. Sotomayor— 17,500,498; Mr. Betz— 5,180,039; Mr. Jensen— 4,620,380; Mr. Micallef— 4,620,380; and Ms. Wuamett— 4,200,423. The realized value of these awards, if any, will be determined at the end of the applicable performance periods based on the Company’s comparative RTSR. For Mr. Sotomayor, the amounts include two PSU grants, one with a performance period concluding in November 2027 and another concluding in November 2028. For all other executives, the PSU awards included in these amounts have performance periods concluding in November 2028.3.The payout amount for 2025 represents 30.8% of the NEO’s target AIP as discussed in the section ‘Annual Incentive Plan’ above. The payout amounts for 2024 and 2023 represent 61.4% and 122.6%, respectively, of the NEO’s target AIP. 4.The amounts shown in this column represent the actuarial change in the present value of accrued benefit for the defined benefit plan of Mr. Sievers, as described in the ‘Pension Benefits’ table below. NXP does not maintain defined benefit plans except for those in countries where it is standard practice. Mr. Sievers is the only NEO who participates in a defined benefit pension plan in connection with his employment with our German subsidiary.5.The 2025 amounts shown in the All Other Compensation column include the incremental cost to the Company of the following: –Mr. Sotomayor—amounts paid by the Company for tax return preparation and a tax gross-up payment for the tax return, Company 401(k) contributions (17,500), and a home office allowance consistent with our other California-based employees.–Mr. Betz—amounts paid by the Company for executive physical, tax return preparation and a tax gross-up payment for the tax return preparation services, and Company 401(k) contributions (17,500).–Mr. Jensen—amounts paid by the Company for executive physical and Company 401(k) contributions (17,500).–Mr. Micallef—amounts paid by the Company for executive physical, tax return preparation and a tax gross-up payment for the tax return preparation services, Company 401(k) contributions (17,500), and home office allowance consistent with our other California-based employees.–Ms. Wuamett—amounts paid by the Company for executive physical and Company 401(k) contributions (17,500).–Mr. Sievers—amounts paid by the Company for residential security, international insurance, tax return preparation, a company car and mobility budget, retirement gifts (46,117), premium health check, and tax gross-up payments (161,171) associated with certain services included in ‘All Other Compensation’. | $1,363,718 | $3,376,163 |
| 2024 | NXP Semiconductors N.V. (NXPI) | Former Executive Director, President and Chief Executive Officer 1.All amounts presented in the Summary Compensation Table, and in the supporting tables that follow, are expressed in U.S. dollars. A portion of Mr. Sotomayor's annual base salary equivalent to 600,000 is denominated in U.S. dollars and paid to him in Euros through NXP Semiconductors Netherlands B.V. Certain amounts payable to Mr. Sievers were paid in Euros. The Euro to U.S. dollar exchange rate used for the purpose of the Summary Compensation Table and the supporting tables that follow is the average monthly rates for the full year (i) 1.1242 for 2025,: (ii) 1.0811 for 2024, (iii) 1.0829 for 2023.2.These amounts represent the aggregate weighted grant date fair value of RSU and PSU awards in the fiscal years shown. The stock award value is calculated in accordance with ASC 718. See Note 2—Significant Accounting Policies ‘Share-based compensation’ and Note 18— Share-based Compensation, both found in Part II, Item 8, “Financial Statements and Supplementary Data” in the Notes to Consolidated Financial Statements in the Annual Report on Form 10-K for the year ended December 31, 2025 for additional information. For a description of the grant terms, see the footnotes of the Grants of Plan-Based Awards table below. Assuming maximum achievement of performance metrics in the performance period, using the Company’s closing stock price on the date of grant and 200% of the target shares, the maximum values of the 2025 PSUs at the date of grant are as follows: Mr. Sotomayor— 17,500,498; Mr. Betz— 5,180,039; Mr. Jensen— 4,620,380; Mr. Micallef— 4,620,380; and Ms. Wuamett— 4,200,423. The realized value of these awards, if any, will be determined at the end of the applicable performance periods based on the Company’s comparative RTSR. For Mr. Sotomayor, the amounts include two PSU grants, one with a performance period concluding in November 2027 and another concluding in November 2028. For all other executives, the PSU awards included in these amounts have performance periods concluding in November 2028.3.The payout amount for 2025 represents 30.8% of the NEO’s target AIP as discussed in the section ‘Annual Incentive Plan’ above. The payout amounts for 2024 and 2023 represent 61.4% and 122.6%, respectively, of the NEO’s target AIP. 4.The amounts shown in this column represent the actuarial change in the present value of accrued benefit for the defined benefit plan of Mr. Sievers, as described in the ‘Pension Benefits’ table below. NXP does not maintain defined benefit plans except for those in countries where it is standard practice. Mr. Sievers is the only NEO who participates in a defined benefit pension plan in connection with his employment with our German subsidiary.5.The 2025 amounts shown in the All Other Compensation column include the incremental cost to the Company of the following: –Mr. Sotomayor—amounts paid by the Company for tax return preparation and a tax gross-up payment for the tax return, Company 401(k) contributions (17,500), and a home office allowance consistent with our other California-based employees.–Mr. Betz—amounts paid by the Company for executive physical, tax return preparation and a tax gross-up payment for the tax return preparation services, and Company 401(k) contributions (17,500).–Mr. Jensen—amounts paid by the Company for executive physical and Company 401(k) contributions (17,500).–Mr. Micallef—amounts paid by the Company for executive physical, tax return preparation and a tax gross-up payment for the tax return preparation services, Company 401(k) contributions (17,500), and home office allowance consistent with our other California-based employees.–Ms. Wuamett—amounts paid by the Company for executive physical and Company 401(k) contributions (17,500).–Mr. Sievers—amounts paid by the Company for residential security, international insurance, tax return preparation, a company car and mobility budget, retirement gifts (46,117), premium health check, and tax gross-up payments (161,171) associated with certain services included in ‘All Other Compensation’. | $1,262,863 | $20,694,772 |
| 2023 | NXP Semiconductors N.V. (NXPI) | Former Executive Director, President and Chief Executive Officer 1.All amounts presented in the Summary Compensation Table, and in the supporting tables that follow, are expressed in U.S. dollars. A portion of Mr. Sotomayor's annual base salary equivalent to 600,000 is denominated in U.S. dollars and paid to him in Euros through NXP Semiconductors Netherlands B.V. Certain amounts payable to Mr. Sievers were paid in Euros. The Euro to U.S. dollar exchange rate used for the purpose of the Summary Compensation Table and the supporting tables that follow is the average monthly rates for the full year (i) 1.1242 for 2025,: (ii) 1.0811 for 2024, (iii) 1.0829 for 2023.2.These amounts represent the aggregate weighted grant date fair value of RSU and PSU awards in the fiscal years shown. The stock award value is calculated in accordance with ASC 718. See Note 2—Significant Accounting Policies ‘Share-based compensation’ and Note 18— Share-based Compensation, both found in Part II, Item 8, “Financial Statements and Supplementary Data” in the Notes to Consolidated Financial Statements in the Annual Report on Form 10-K for the year ended December 31, 2025 for additional information. For a description of the grant terms, see the footnotes of the Grants of Plan-Based Awards table below. Assuming maximum achievement of performance metrics in the performance period, using the Company’s closing stock price on the date of grant and 200% of the target shares, the maximum values of the 2025 PSUs at the date of grant are as follows: Mr. Sotomayor— 17,500,498; Mr. Betz— 5,180,039; Mr. Jensen— 4,620,380; Mr. Micallef— 4,620,380; and Ms. Wuamett— 4,200,423. The realized value of these awards, if any, will be determined at the end of the applicable performance periods based on the Company’s comparative RTSR. For Mr. Sotomayor, the amounts include two PSU grants, one with a performance period concluding in November 2027 and another concluding in November 2028. For all other executives, the PSU awards included in these amounts have performance periods concluding in November 2028.3.The payout amount for 2025 represents 30.8% of the NEO’s target AIP as discussed in the section ‘Annual Incentive Plan’ above. The payout amounts for 2024 and 2023 represent 61.4% and 122.6%, respectively, of the NEO’s target AIP. 4.The amounts shown in this column represent the actuarial change in the present value of accrued benefit for the defined benefit plan of Mr. Sievers, as described in the ‘Pension Benefits’ table below. NXP does not maintain defined benefit plans except for those in countries where it is standard practice. Mr. Sievers is the only NEO who participates in a defined benefit pension plan in connection with his employment with our German subsidiary.5.The 2025 amounts shown in the All Other Compensation column include the incremental cost to the Company of the following: –Mr. Sotomayor—amounts paid by the Company for tax return preparation and a tax gross-up payment for the tax return, Company 401(k) contributions (17,500), and a home office allowance consistent with our other California-based employees.–Mr. Betz—amounts paid by the Company for executive physical, tax return preparation and a tax gross-up payment for the tax return preparation services, and Company 401(k) contributions (17,500).–Mr. Jensen—amounts paid by the Company for executive physical and Company 401(k) contributions (17,500).–Mr. Micallef—amounts paid by the Company for executive physical, tax return preparation and a tax gross-up payment for the tax return preparation services, Company 401(k) contributions (17,500), and home office allowance consistent with our other California-based employees.–Ms. Wuamett—amounts paid by the Company for executive physical and Company 401(k) contributions (17,500).–Mr. Sievers—amounts paid by the Company for residential security, international insurance, tax return preparation, a company car and mobility budget, retirement gifts (46,117), premium health check, and tax gross-up payments (161,171) associated with certain services included in ‘All Other Compensation’. | $1,192,923 | $21,123,742 |
| 2022 | NXP Semiconductors N.V. (NXPI) | Executive Director, President and Chief Executive Officer | $1,098,136 | $20,771,851 |
| 2021 | NXP Semiconductors N.V. (NXPI) | Executive Director, President and Chief Executive Officer | $1,181,800 | $20,911,892 |
| 2020 | NXP Semiconductors N.V. (NXPI) | Executive Director, President and Chief Executive Officer | $759,968 | $19,253,302 |
| 2019 | NXP Semiconductors N.V. (NXPI) | Executive Director, President and Chief Executive Officer Peter Kelly Executive Vice President and Chief Financial Officer | $745,465 | $9,319,518 |
| 2018 | NXP Semiconductors N.V. (NXPI) | Executive Director, President and Chief Executive Officer Peter Kelly Executive Vice President and Chief Financial Officer | $671,498 | $26,217,130 |
| 2017 | NXP Semiconductors N.V. (NXPI) | President | $593,786 | $5,070,701 |
Recent activity
Earnings-call and investor-event appearances, plus filed executive appointments or departures, newest first.