Silicon Labs Names Dean Butler CFO, Effective May 15, 2024
Silicon Labs said it will appoint Dean Butler, currently SVP and CFO at Synaptics, as Senior Vice President and Chief Financial Officer effective May 15, 2024. Mark Mauldin will stop serving as interim CFO on that date and will remain Chief Accounting Officer, so the company gains a permanent finance leader for its global finance organization.
- Dean Butler, age 41, joins from Synaptics, where he has been SVP and CFO since October 2019
- Base salary of $475,000, target bonus of 100% of base salary, and a $1,000,000 cash sign-on bonus
- New-hire and one-time equity grants with grant date values of $1,500,000, $1,500,000 and $2,000,000, expected May 15, 2024
- Mark Mauldin ceases as interim CFO on May 15, 2024 and continues as Chief Accounting Officer