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John F. Coyne served as the CEO of Western Digital from January 2, 2007, to January 2, 2013. He started with the company way back in 1983, climbing the ranks to become a key player in its operations. Throughout his...

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John F. Coyne

Ex-CEO of Western Digital

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

December 1, 1950 - 74 years ago

CEO of Western Digital for

6 years 0 months (Jan 2007 - Jan 2013)

Previous Experience

Various executive capacities at Western Digital since 1983; served as Executive Vice President and Chief Operations Officer before becoming CEO.

Holdings

See how much did John F. Coyne make over time.

As CEO of Western Digital, John F. Coyne's holdings saw substantial fluctuations over the years. In 2019, his wealth peaked with insider trading activities, with holdings valued at around $44.82 million. He later observed a drop as the value decreased...

Mar 18, 2025

Total Stock Sold

$4.47M

WDC

$4.47M

108,500 WDC shares

What if they kept their stock?

If John F. Coyne didn't sell their stock, today they would have:
Extra WDC108,500 shares worth $4.89M.
This is 9.34% and $417.73K more than what they got when they sold the stock.

Insider Trading

See recent insider trades of John F. Coyne.

WDC

$4.44M

WDC at $40.97/share

Dec 19, 2012

Sale

WDC

81,081 shares

WDC

Sep 15, 2011

Received

Compensation History

See how much did John F. Coyne make over time.

During his time as CEO of Western Digital, John F. Coyne's compensation varied but showcased a strong alignment with the company’s performance. In 2013, he earned a total of $11.3 million, which was made up of a $1.05 million salary, a minor bonus, and substantial stock options. His compensation structure was heavily performance-based, reflecting the company's earnings and operational goals. For instance, he received no bonus in 2012, which highlighted his reliance on performance metrics tied to the company's success. This approach aimed to reward him based on how well Western Digital was doing, showing a commitment to shareholder value and long-term performance. Over the years, his compensation strategy emphasized accountability and financial alignment, ensuring that executive pay was justified by the company's results, which was a notable feature of his leadership style.

Year

2013

Total Compensation

$1.07M

Salary

$1.05M

Board Justification

The compensation philosophy is to align the interests of executives with long-term performance and shareholder value, with a significant portion of compensation being performance-based.

Bonus

$14.96K

Board Justification

The bonus was based on the company's performance metrics for the fiscal year 2014, with a payout rate of 115% for the first half and 107% for the second half of the fiscal year.

Other

$7.74K

Board Justification

Other compensation includes various benefits and allowances provided to the CEO.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2013 as the focus is on the compensation for the year 2014.

Performance Metrics

The performance metrics included adjusted earnings per share and subsidiary operating income for the fiscal year.

Other Western Digital CEOs

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