Micron Technology CEO Sanjay Mehrotra's 2022 pay rises 14% to $29M
Micron Technology reports 2022 executive compensation
By ExecPay News
Published: December 2, 2022
Micron Technology reported fiscal year 2022 executive compensation information on December 2, 2022.
In 2022, seven executives at Micron Technology received on average a compensation package of $13M, a 17% increase compared to previous year.
Average pay of disclosed executives at Micron Technology
Sanjay Mehrotra, Chief Executive Officer, received $29M in total, which increased by 14% compared to 2021. 81% of Mehrotra's compensation, or $23M, was in stock awards. Mehrotra also received $3.4M in non-equity incentive plan, $1.4M in salary, as well as $496K in other compensation.
For fiscal year 2022, the median employee pay was $48,310 at Micron Technology. Therefore, the ratio of Sanjay Mehrotra's pay to the median employee pay was 597 to one.
Manish Bhatia, Executive Vice President, Global Operations, received a compensation package of $19M, which increased by 117% compared to previous year. 48% of the compensation package, or $8.9M, was in other compensation.
Mark J. Murphy, Chief Financial Officer, earned $14M in 2022.
Sumit Sadana, Executive Vice President and Chief Business Officer, received $10M in 2022, which increases by 16% compared to 2021.
Scott J. DeBoer, Executive Vice President, Technology and Products, earned $7.6M in 2022, a 14% increase compared to previous year.
David A. Zinsner, Chief Financial Officer, received $7.3M in 2022, which increases by 6% compared to 2021.
Michael W. Bokan, Senior Vice President, Worldwide Sales, earned $5.6M in 2022.
Micron Technology's fiscal year ends on August 31.
Related executives
Sanjay Mehrotra
Micron Technology
Chief Executive Officer
Mark Murphy
Micron Technology
Chief Financial Officer
Manish Bhatia
Micron Technology
Executive Vice President, Global Operations
Michael Bokan
Micron Technology
Senior Vice President, Worldwide Sales
Scott DeBoer
Micron Technology
Executive Vice President, Technology and Products
Sumit Sadana
Micron Technology
Executive Vice President and Chief Business Officer
David Zinsner
Micron Technology
Chief Financial Officer
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Source: SEC filing on December 2, 2022.