Sector: Information Technology
CREDO TECHNOLOGY GROUP HOLDING LTD · Meeting: October 12, 2026
Directors FOR
3
Directors AGAINST
0
Say on Pay
FOR
Auditor
FOR
Election of Three Class II Directors
Acevedo has been a director since December 2021 and CRDO's 3-year stock return of +1,425% outperforms the compensation peer group median by +1,279 percentage points, far exceeding the 65-point threshold required to trigger a withhold vote; no overboarding, attendance, independence, or other policy concerns were identified.
Danesh joined the board in March 2025, which is within the 24-month new-director exemption window, so she is fully exempt from the TSR performance trigger; she brings relevant semiconductor and photonics executive experience and serves on the audit committee as a disclosed financial expert.
Sutardja has served since August 2015 and CRDO's extraordinary 3-year TSR of +1,425% outperforms the peer group median by +1,279 percentage points, which is the opposite of underperformance; his deep semiconductor industry background as a co-founder of Marvell Technology is directly relevant to Credo's business.
All three Class II nominees — Acevedo, Danesh, and Sutardja — receive a FOR vote. CRDO's 3-year stock return of +1,425% massively outperforms the peer group median of +146%, triggering no TSR concerns for any director. Danesh is additionally protected by the 24-month new-director exemption. No overboarding, attendance failures, independence issues, or familial relationship conflicts were identified for any nominee.
CEO
William Bill Brennan
Total Comp
$6,058,750
Prior Support
94%%
The CEO's reported fiscal 2025 total compensation of $6,058,750 (the figure pre-extracted from the database, reflecting the fiscal year being evaluated) is reasonable for a semiconductor CEO at a company that has grown to $42 billion in market cap and delivered 1,425% stock appreciation over three years. The compensation program is 100% performance-based on equity awards since fiscal 2025, with annual bonuses tied to measurable revenue growth and non-GAAP net income targets that were achieved at maximum levels (206% revenue growth and strong profitability), and performance stock awards require both revenue and stock price hurdles to be met before vesting — all of which demonstrates genuine pay-for-performance alignment. The prior say-on-pay vote received 94% shareholder support, the company has a clawback policy in place, and no fixed-pay concerns or individual executive pay outliers were identified that would trigger a policy flag.
Auditor
Ernst & Young LLP
Tenure
8 yrs
Audit Fees
$2,730,198
Non-Audit Fees
$3,600
Non-audit fees of $3,600 represent less than 0.2% of audit fees of $2,730,198, far below the 50% threshold that would raise independence concerns. Ernst & Young has served as auditor since June 2018 — approximately 8 years — well below the 25-year tenure threshold. EY is a Big 4 firm appropriate for a company of CRDO's size and complexity. No material financial restatements were disclosed.
The 2026 CRDO annual meeting ballot contains three standard proposals: election of three Class II directors, advisory say-on-pay vote, and auditor ratification. All three proposals receive a FOR vote — CRDO's extraordinary stock performance eliminates any TSR concerns for directors, the compensation program is genuinely performance-based and well-aligned with shareholder outcomes, and the auditor relationship is clean with negligible non-audit fees and a tenure of only 8 years.
20 companies disclosed in 2026 proxy filing
