Seagate Technology CEO William Mosley's 2020 pay rises 13% to $12M

Seagate Technology reports 2020 executive compensation

By ExecPay News

Published: August 31, 2020

Seagate Technology reported fiscal year 2020 executive compensation information on August 31, 2020.
In 2020, six executives at Seagate Technology received on average a compensation package of $4M, a 21% decrease compared to previous year.
Average pay of disclosed executives at Seagate Technology
William D. Mosley, Chief Executive Officer, received $12M in total, which increased by 13% compared to 2019. 63% of Mosley's compensation, or $7.3M, was in stock awards. Mosley also received $1.4M in non-equity incentive plan, $1.9M in option awards, $1.1M in salary, as well as $7.4K in other compensation.
For fiscal year 2020, the median employee pay was $9,471 at Seagate Technology. Therefore, the ratio of William D. Mosley's pay to the median employee pay was 1,235 to one.
Jeffrey D. Nygaard, Executive Vice President, Global Operations, received a compensation package of $3.9M, which decreased by 23% compared to previous year. 52% of the compensation package, or $2M, was in stock awards.
Gianluca Romano, Chief Financial Officer, earned $3.8M in 2020, a 27% increase compared to previous year.
James J. Murphy, Former Executive Vice President, Sales & Marketing, received $1.7M in 2020, which decreases by 65% compared to 2019.
Katherine E. Schuelke, Chief Legal Officer, earned $1.4M in 2020, a 26% decrease compared to previous year.
Ban Seng Teh, Senior Vice President, Global Sales and Sales Operations, received $1.4M in 2020.
Seagate Technology's fiscal year ends on July 1.

Related executives

William Mosley

Seagate Technology

Chief Executive Officer

Gianluca Romano

Seagate Technology

Chief Financial Officer

Jeffrey Nygaard

Seagate Technology

Executive Vice President, Operations and Technology

Katherine Schuelke

Seagate Technology

Chief Legal Officer

Ban Teh

Seagate Technology

Executive Vice President, Global Sales and Sales Operations

James Murphy

Seagate Technology

Former Executive Vice President, Sales & Marketing

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Source: SEC filing on August 31, 2020.