Sundar PichaiSundar Pichai earned $164M in 2023

David Goeckeler is the CEO of Western Digital Corp., a key player in data storage solutions. He took the helm in March 2020 after a robust career at Cisco, where he successfully led a $34 billion networking and security business....

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David Goeckeler

CEO of Western Digital

Education

Bachelor of Science in Electrical Engineering from the University of California, Berkeley; MBA from the University of California, Berkeley, Haas School of Business

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

January 1, 1965 - 60 years ago

CEO of Western Digital for

4 years 3 months (Jan 2021 - Present)

Previous Experience

Executive roles at Cisco Systems, including General Manager of the Networking and Security Business Group.

Holdings

See how much did David Goeckeler make over time.

As of recent reports, David Goeckeler's holdings in Western Digital have shown notable fluctuations. When he began his role, his assets were reported at $89.37 million in January 2021, but his holdings climbed significantly to around $120.44 million by December...

Total Stock Sold

$22.85M

CSCO

$12.36M

258,721 CSCO shares

WDC

$10.49M

150,000 WDC shares

What if they kept their stock?

If David Goeckeler didn't sell their stock, today they would have:
Extra CSCO258,721 shares worth $10.66M and WDC150,000 shares worth $6.76M.
This is -23.78% and $5.43M less than what they got when they sold the stock.

Charitable Transactions

WDC

2,000 shares

WDC

Recent Charitable Transactions

WDC

2,000 shares

WDC

Sep 6, 2024

Charity

Insider Trading

See recent insider trades of David Goeckeler.

WDC

$5.44M

WDC at $72.59/share

Oct 25, 2024

Sale

WDC

$5.27M

WDC at $70.32/share

Sep 26, 2024

Sale

WDC

2,000 shares

WDC

Sep 6, 2024

Charity

WDC

269,306 shares

WDC

Aug 20, 2024

Received

WDC

151,937 shares

WDC

Aug 25, 2023

Received

WDC

91,646 shares

WDC

Aug 22, 2023

Received

WDC

125,865 shares

WDC

Aug 25, 2022

Received

WDC

532,589 shares

WDC

Jun 15, 2022

Received

WDC

94,876 shares

WDC

Aug 27, 2021

Received

WDC

127,287 shares

WDC

Sep 3, 2020

Received

Compensation History

See how much did David Goeckeler make over time.

In 2023, David Goeckeler's total compensation was approximately $2.8 million, which included a base salary of $1 million and a performance-based bonus of $500,000. This package also featured $800,000 in vested stock units from previous years, aligning his incentives with the company's success. Notably, his compensation philosophy aims to link executive pay closely with performance metrics like revenue growth and operational effectiveness. Goeckeler's previous years showed significant volatility: in 2021, he commanded a total compensation of $17.09 million, primarily due to stock vesting. However, in 2022, his earnings fell to $1.15 million given the company's underperformance on key metrics. This trajectory highlights the challenges faced by CEOs in navigating complex market dynamics while building shareholder value.

Year

2023

Total Compensation

$2.60M

Salary

$1.00M

Board Justification

The compensation philosophy aligns executive pay with company performance, ensuring that compensation is competitive to attract and retain top talent while also being aligned with shareholder interests.

Bonus

$500.00K

Board Justification

The bonus is based on the company's performance metrics including revenue growth and operational efficiency for the fiscal year 2023.

Other

$300.00K

Board Justification

Other compensation includes retirement contributions and health benefits for the year 2023.

Restricted Stock

$800.00K(20K RSU)

Board Justification

The vested stock consists of restricted stock units (RSUs) that were granted in prior years and vested in 2023.

Performance Metrics

Performance metrics include revenue targets, profit margins, and operational efficiency improvements.

Other Western Digital CEOs

Here are other CEOs of Western Digital