Sanjay Mehrotra has been leading Micron Technology, a top semiconductor company, as CEO since 2017. Before this, he co-founded SanDisk, turning it from a startup into a $16 billion giant after selling it to Western Digital. With over 35 years...

Number of Employees

43K

Year

2023

Total Compensation

$22.68M

Salary

$1.26M

Board Justification

The compensation philosophy emphasizes a pay-for-performance model, aligning executive compensation with company performance and shareholder interests.

Bonus

$0.00

Board Justification

No short-term incentive awards were paid due to the suspension of the EIP in February 2023.

Other

$271.47K

Board Justification

Includes $71,567 for the use of Company aircraft for personal travel and $183,065 for personal security arrangements paid by the company.

Restricted Stock

$21.15M(345.2K RSU)

Board Justification

345,198 shares of restricted stock vested in fiscal 2023 based on performance metrics achieved in prior years.

Performance Metrics

The performance metrics for compensation include non-GAAP net income, operational metrics for DRAM and NAND segments, and relative total shareholder return (rTSR) compared to the semiconductor sector.

SEC Filing

From November 29, 2023

Sanjay Mehrotra

CEO of Micron Technology

M

Education

B.S. and M.S. in Electrical Engineering and Computer Sciences from the University of California, Berkeley

Field of Expertise

Technology & Engineering - Engineering

Born

January 1, 1960 - 65 years ago

Is Founder?

No

Current Tenure

7 years 8 months (May 2017 - Present)

Previous Experience

Co-founder of SanDisk Corporation, served as its president and CEO from 2011 to 2016.