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    William (Bill) Brennan

    President, CEO, and Director at CCredo Technology Group Holding Ltd
    Board
    Since September 2014
    Age
    60 years
    Education
    Holds a B.S. in Electrical Engineering and Computer Science from the University of Colorado.
    Tenure
    Joined CRDO in September 2014 as President, Chief Executive Officer, and Director, having previously served as CEO and board member of its predecessor entity from December 2013 to September 2014.

    Also at Credo Technology Group Holding Ltd

    CF(C
    Chi Fung (Lawrence) Cheng
    Chief Technology Officer and Director
    YT(L
    Yat Tung (Job) Lam
    Chief Operating Officer and Director
    DF
    Daniel Fleming
    Chief Financial Officer

    About

    Bill Brennan is a seasoned executive known for his dynamic leadership and extensive industry experience. He has been instrumental in guiding CRDO since stepping into the role of President, Chief Executive Officer, and Director in September 2014, bringing with him a wealth of experience from his previous leadership positions.

    Before joining CRDO, he demonstrated his expertise by holding key roles including Executive Vice President at a biosensor technology company and Vice President at a major semiconductor firm. His early career as an Account Manager further solidified his foundation in business strategy and customer relations.

    With a strong technical background and a passion for innovation, he has successfully merged his technical education with executive leadership, driving growth and fostering a culture of excellence within the company. At 60 years old, his balanced focus on strategic vision and operational efficiency continues to shape the future of the organization.

    $CRDO Performance Under William (Bill) Brennan

    Past Roles

    OrganizationRoleDate RangeDetails
    Credo's predecessor entity Chief Executive Officer & Board Member December 2013 to September 2014 Served prior to becoming President, CEO, and Director at CRDO
    Vital Connect, Inc.Executive Vice PresidentAugust 2011 to November 2013Business strategy and partner development
    Marvell Technology, Inc.Vice President, Storage Business UnitMay 2000 to August 2011Involved in semiconductor development and production
    Texas Instruments IncorporatedAccount ManagerJune 1986 to January 1993Managed accounts in semiconductor and IC design/manufacturing

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$500,000 Annual (Effective January 1, 2024) Increased to align with the 50th percentile of company peers

    Performance Compensation

    Data from  FY 2024

    Non-Equity Incentive Plan Compensation

    MetricValueEvaluation PeriodConditions / Additional Details
    Annual Bonus Target100% of Base Salary (i.e., $500,000) Fiscal 2024Target set based on key performance metrics
    Actual Bonus Payout$250,000 Second half of Fiscal 2024First-half metrics were not achieved; bonus contingent on second-half year-over-year revenue growth and non-GAAP net income > 45%
    Performance MetricsYear-over-year revenue growth and Non-GAAP net income % Both first and second half of Fiscal 2024Minimum threshold of 45% required in the second half for achieving payout
    Vesting ScheduleN/A N/ACash bonus payout; not subject to vesting as it is performance-based