Micron Technology CEO Sanjay Mehrotra's 2020 pay rises 18% to $20M
Micron Technology reports 2020 executive compensation
By ExecPay News
Published: December 1, 2020
Micron Technology reported fiscal year 2020 executive compensation information on December 1, 2020.
In 2020, five executives at Micron Technology received on average a compensation package of $9.1M, a 18% increase compared to previous year.
Average pay of disclosed executives at Micron Technology
Sanjay Mehrotra, Chief Executive Officer, received $20M in total, which increased by 18% compared to 2019. 75% of Mehrotra's compensation, or $15M, was in stock awards. Mehrotra also received $3.6M in non-equity incentive plan, $1.4M in salary, as well as $35K in other compensation.
For fiscal year 2020, the median employee pay was $68,558 at Micron Technology. Therefore, the ratio of Sanjay Mehrotra's pay to the median employee pay was 292 to one.
Sumit Sadana, Executive Vice President and Chief Business Officer, received a compensation package of $7.4M, which increased by 18% compared to previous year. 75% of the compensation package, or $5.5M, was in stock awards.
Manish Bhatia, Executive Vice President, Global Operations, earned $7.2M in 2020, a 9% increase compared to previous year.
David A. Zinsner, Chief Financial Officer, received $5.6M in 2020, which increases by 29% compared to 2019.
Scott J. DeBoer, Executive Vice President, Technology and Products, earned $5.2M in 2020, a 19% increase compared to previous year.
Micron Technology's fiscal year ends on August 31.
Related executives
Sanjay Mehrotra
Micron Technology
Chief Executive Officer
David Zinsner
Micron Technology
Chief Financial Officer
Manish Bhatia
Micron Technology
Executive Vice President, Global Operations
Scott DeBoer
Micron Technology
Executive Vice President, Technology and Products
Sumit Sadana
Micron Technology
Executive Vice President and Chief Business Officer
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Source: SEC filing on December 1, 2020.