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 2.

Related executives

William Mosley

Seagate Technology

Chief Executive Officer

Gianluca Romano

Seagate Technology

Chief Financial Officer

Jeffrey Nygaard

Seagate Technology

Executive Vice President, Global Operations

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.