Micron Technology CEO Sanjay Mehrotra's 2021 pay jumps 27% to $25M
Micron Technology reports 2021 executive compensation
By ExecPay News
Published: December 2, 2021
Micron Technology reported fiscal year 2021 executive compensation information on December 2, 2021.
In 2021, five executives at Micron Technology received on average a compensation package of $11M, a 24% increase compared to previous year.
Average pay of disclosed executives at Micron Technology
Sanjay Mehrotra, Chief Executive Officer, received $25M in total, which increased by 27% compared to 2020. 73% of Mehrotra's compensation, or $18M, was in stock awards. Mehrotra also received $4.8M in non-equity incentive plan, $1.4M in salary, as well as $666K in other compensation.
For fiscal year 2021, the median employee pay was $64,827 at Micron Technology. Therefore, the ratio of Sanjay Mehrotra's pay to the median employee pay was 391 to one.
Sumit Sadana, Executive Vice President and Chief Business Officer, received a compensation package of $8.7M, which increased by 18% compared to previous year. 75% of the compensation package, or $6.5M, was in stock awards.
Manish Bhatia, Executive Vice President, Global Operations, earned $8.6M in 2021, a 19% increase compared to previous year.
David A. Zinsner, Chief Financial Officer, received $6.9M in 2021, which increases by 23% compared to 2020.
Scott J. DeBoer, Executive Vice President, Technology and Products, earned $6.7M in 2021, a 29% 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 2, 2021.