Seagate Technology CEO William Mosley's 2021 pay stays at $12M
Seagate Technology reports 2021 executive compensation
By ExecPay News
Published: August 30, 2021
Seagate Technology reported fiscal year 2021 executive compensation information on August 30, 2021.
In 2021, five executives at Seagate Technology received on average a compensation package of $4.9M, a 23% increase compared to previous year.
Average pay of disclosed executives at Seagate Technology
William D. Mosley, Chief Executive Officer, received $12M in total, which is about the same as previous year. 61% of Mosley's compensation, or $7.1M, was in stock awards. Mosley also received $2M in non-equity incentive plan, $1.5M in option awards, $1.1M in salary, as well as $6.3K in other compensation.
For fiscal year 2021, the median employee pay was $9,757 at Seagate Technology. Therefore, the ratio of William D. Mosley's pay to the median employee pay was 1,193 to one.
Ravi Naik, Executive Vice President, Storage Servicesand Chief Information Officer, received a compensation package of $3.5M. 49% of the compensation package, or $1.7M, was in stock awards.
Jeffrey D. Nygaard, Executive Vice President, Global Operations , earned $3.3M in 2021, a 16% decrease compared to previous year.
Gianluca Romano, Chief Financial Officer, received $3.3M in 2021, which decreases by 12% compared to 2020.
Ban Seng Teh, Executive Vice President, Global Sales and Sales Operations, earned $2.8M in 2021, a 98% increase compared to previous year.
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
Ravi Naik
Seagate Technology
Executive Vice President, Storage Servicesand Chief Information Officer
Ban Teh
Seagate Technology
Executive Vice President, Global Sales and Sales Operations
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Source: SEC filing on August 30, 2021.