Jasmin Staiblin
NXP SemiconductorsAbout Jasmin Staiblin
Independent non-executive director of NXP Semiconductors N.V. since 2019; age 55; dual German/Swiss nationality. Former CEO of Alpiq (2013–2018) and CEO of ABB Switzerland (2006–2012), with earlier leadership roles in ABB’s Power Technologies division and ABB’s Group Research Center. She holds a degree in Physics and an M.Sc. in Electrical Engineering (Karlsruhe Institute of Technology; Royal Institute of Technology, Stockholm). Currently serves on NXP’s Audit Committee and is designated an “audit committee financial expert” under SEC rules .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Alpiq | Chief Executive Officer | 2013–2018 | Led major transformation in a fundamentally changing energy market |
| ABB Switzerland | Chief Executive Officer | 2006–2012 | Country leadership across electrification/automation; large-scale operations oversight |
| ABB Power Technologies Division | Management team member; various global functions | 1999–2005 | Product/technology leadership; global functions |
| ABB Group Research Center | Research engineer | Started 1997 | Early technical career; foundation in physics/electrical engineering |
External Roles
| Organization | Role | Status | Committees/Impact |
|---|---|---|---|
| Zurich Insurance Group Ltd. | Board member | Current | Large-cap financial/insurance governance experience |
| Rolls-Royce Power Systems AG | Chair, Supervisory Board | Current | Industrial power systems; oversight and strategy |
| Rolls-Royce Solutions GmbH | Chair, Supervisory Board | Current | Industrial solutions; oversight and strategy |
| Rolls-Royce plc | Board member | Former | Global industrial governance |
| Georg Fischer AG | Board member | Former | Industrial manufacturing governance |
Board Governance
- Independence: Board determined all non-executive nominees (including Staiblin) are independent per Nasdaq, DCGC best practice 2.1.8, and NXP Rules of Procedure .
- Committee roles: Audit Committee member; recognized as “audit committee financial expert” alongside other members .
- Attendance and engagement: Board met 8 times in 2024; all directors attended at least 75% of aggregate Board/committee meetings; independent directors held 4 executive sessions; committees held 20 sessions in total .
- Risk oversight and related-party controls: Audit Committee oversees internal controls, IT/cyber risks, and related party transactions; no material director conflict transactions in 2024 (and 2023) beyond compensation .
| Committee | Member/Chair | 2024 Meetings | Key Oversight Scope |
|---|---|---|---|
| Audit | Member | 9 | Financial reporting integrity; ICFR; legal/regulatory compliance; IT/cyber; auditor independence; related party transactions |
| Human Resources & Compensation | Not a member | 7 | Exec/Board pay; succession; HCM strategy; compensation risk |
| Nominating, Governance & Sustainability | Not a member | 4 | Governance policies; director nominations; ESG oversight; top risk review |
Fixed Compensation
| Component | 2023 | 2024 | Notes |
|---|---|---|---|
| Base cash retainer | $85,000 | $100,000 (effective 5/29/2024) | Shareholder-approved increase in 2024 |
| Committee membership fee (Audit) | $15,000 | $15,000 | Chairs’ fees increased in 2024 (Audit Chair to $25k; HRCC Chair to $20k; NGS Chair $15k) |
| Committee chair fee | N/A | N/A | Not a chair |
| Fees earned (actual paid) | $100,000 | $108,871 (FX-linked payout) | Paid in EUR at contemporaneous FX rates |
Performance Compensation
| Metric | 2023 Grant | 2024 Grant | Vesting & Terms |
|---|---|---|---|
| Annual RSU award (units) | 1,211 RSUs | 822 RSUs | Fully vests on earlier of first anniversary or next AGM; forfeiture on Board exit except death or Board request (accelerated) |
| Grant date fair value | $216,079 | $221,915 | ASC 718 valuation |
| Grant date | Nov 7, 2023 | May 29, 2024 | Annual director grant timing per proxy |
| Performance metrics tied to director equity | None disclosed | None disclosed | Director RSUs are time-based; no performance hurdles |
Other Directorships & Interlocks
- Current public company directorships: Zurich Insurance Group Ltd. .
- Current non-public supervisory board chair roles: Rolls-Royce Power Systems AG; Rolls-Royce Solutions GmbH .
- Prior public company boards: Rolls-Royce plc; Georg Fischer AG .
- Compensation committee interlocks: Not on NXP HRCC; HRCC composition and independence disclosed separately .
Expertise & Qualifications
- Executive leadership; industry/technology; strategic planning/M&A; corporate governance/compliance; financial/audit/accounting; manufacturing/operations; risk management; human capital/talent; IT/cybersecurity .
- Audit committee financial expert designation under Item 407(d) of Regulation S‑K .
Equity Ownership
| Ownership Detail | 2024 (as of 3/30/2024) | 2025 (as of 4/15/2025) |
|---|---|---|
| Common shares beneficially owned | 6,514 | 6,916 |
| % of shares outstanding | <1% | <1% |
| RSUs held at year-end | 1,211 RSUs (12/31/2023) | 822 RSUs (12/31/2024) |
- Director stock ownership guidelines: Non-executive directors must retain shares from annual grants until they own (including unvested RSUs) at least 5× annual cash fixed fee; five-year compliance window .
Governance Assessment
- Strengths:
- Deep operational CEO experience across energy and industrial technology; relevant to NXP’s end-markets and manufacturing complexity .
- Independent director with Audit Committee membership and SEC “financial expert” status, supporting robust financial oversight and IT/cyber risk governance .
- Solid engagement: Board and committees met frequently in 2024; directors met attendance thresholds; regular independent executive sessions reinforce oversight .
- Pay-for-service alignment: Director pay mix is standard (cash + time-based RSUs) with meaningful ownership guidelines that promote skin-in-the-game .
- Conflicts control: Audit Committee oversees related-party transactions; no material director conflict transactions disclosed in 2024/2023 .
- Monitoring items:
- Multiple external roles increase time commitments; NXP policy limits aggregate public-company board seats (≤4 in addition to NXP; ≤2 if an executive). No breach indicated, but continue monitoring workload vs attendance/engagement .
- Director equity awards are time-based (not performance-linked). While typical for non-executives, investors should rely on ownership guidelines and committee effectiveness as alignment mechanisms .
No hedging/pledging, loans, or related-party transactions were disclosed for Staiblin; NXP reports no material director conflicts beyond compensation in 2024 and 2023 .