Scott Dietzen is the former CEO of Pure Storage, a technology company known for its data storage solutions, where he led the company through crucial growth phases from 2015 to 2017. With a solid educational background, including a Bachelor of...

Scott Dietzen is the former CEO of Pure Storage, a technology company known for its data storage solutions, where he led the company through crucial growth phases from 2015 to 2017. With a solid educational background, including a Bachelor of Science in Engineering from Brown University and an MBA from Harvard Business School, Dietzen combines technical knowledge with business acumen. His career is marked by strategic insights and decisions aimed at aligning the company's performance with shareholder goals. Notably, in 2016, he saw a significant increase in his annual target bonus from $100,000 to $200,000, reflecting the company's strong revenue achievements. During his tenure, Pure Storage exceeded its corporate revenue targets several times, emphasizing his focus on performance metrics. After stepping down as CEO, he remained active in guiding the company's direction as Chairman of the Board. His insider trading activity also reflects a confident and calculated approach to his company's stock, with transactions amounting to almost $40 million in early 2024. Dietzen’s leadership style illustrates a blend of technical expertise, results-driven strategies, and an understanding of market dynamics.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Pure Storage, Inc. CEOs

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Scott Dietzen

Ex-CEO of Pure Storage, Inc.

Education

Bachelor of Science in Engineering from Brown University; Master of Science in Electrical Engineering from the University of California, Berkeley; Master of Business Administration from Harvard Business School.

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

July 1, 1958 - 66 years ago

CEO of Pure Storage, Inc. for

2 years 0 months (Aug 2015 - Aug 2017)

Previous Experience

Managing Director, Head of Value Creation and later Senior Advisor at Silver Lake Partners; Interim President and CEO of Avaya; senior executive roles at Cisco Systems including Chief Technology Officer and Chief Development Officer.

Rivals

Competitors/colleagues of Scott Dietzen

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George Kurian

CEO of NetApp

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$0.00

Other

$13.48K

Total Holdings

$25.62M

M

Matthew J. Murphy

CEO of Marvell Technology, Inc.

2023 Compensation

Stock

$30.00M

Salary

$1.15M

Bonus

$0.00

Other

$5.78K

Total Holdings

$43.00M

Holdings

See how much did Scott Dietzen make over time.

Scott Dietzen's holdings at Pure Storage have seen notable fluctuations. Most recently, his insider trading activity in 2024 included substantial transactions, peaking at $39.69 million in February, followed by a peak of $49.12 million in March. These transactions reflect his...

Scott Dietzen's holdings at Pure Storage have seen notable fluctuations. Most recently, his insider trading activity in 2024 included substantial transactions, peaking at $39.69 million in February, followed by a peak of $49.12 million in March. These transactions reflect his significant confidence in the company's performance and stock value. His wealth tied up in Pure Storage stock reflects a strategic commitment to the company's long-term growth, although the shifts in his holdings demonstrate both adaptability and a proactive stance in response to market conditions. In total, his trading activity over these months amounted to over $120 million, showcasing his close ties to the company's financial success and market standing.

Mar 18, 2025

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shares

PSTG @ $49.87

Total Stock Sold

$106.14M

PSTG

$106.14M

4,491,645 PSTG shares

What if they kept their stock?

If Scott Dietzen didn't sell their stock, today they would have:
Extra PSTG4,491,645 shares worth $57.45M.
This is -45.88% and $48.69M less than what they got when they sold the stock.

Charitable Transactions

PSTG

184,973 shares

PSTG

Recent Charitable Transactions

PSTG

25,000 shares

PSTG

Jan 4, 2021

Charity

PSTG

25,000 shares

PSTG

Apr 5, 2019

Charity

PSTG

2,407 shares

PSTG

Mar 25, 2019

Charity

PSTG

107,566 shares

PSTG

Jun 15, 2018

Charity

PSTG

25,000 shares

PSTG

Mar 23, 2018

Charity

Insider Trading

See recent insider trades of Scott Dietzen.

PSTG

4,268 shares

PSTG

Jun 12, 2024

Received

PSTG

$7.86M

PSTG at $53.49/share

Apr 12, 2024

Sale

PSTG

$14.64M

PSTG at $53.71/share

Apr 4, 2024

Sale

PSTG

8,543 shares

PSTG

Jun 14, 2023

Received

PSTG

9,097 shares

PSTG

Jun 15, 2022

Received

PSTG

12,637 shares

PSTG

Jun 15, 2021

Received

PSTG

$7.30M

PSTG at $23.54/share

Feb 1, 2021

Sale

PSTG

$572.02K

PSTG at $22.88/share

Jan 21, 2021

Sale

PSTG

$8.73M

PSTG at $23.28/share

Jan 4, 2021

Sale

PSTG

25,000 shares

PSTG

Jan 4, 2021

Charity

Compensation History

See how much did Scott Dietzen make over time.

In terms of compensation, Scott Dietzen’s remuneration included a base salary of $250,000 coupled with target bonuses that were performance-linked, reaching $183,800 in fiscal 2017 due to the company's success in meeting revenue goals. In 2016, he earned $2,124,505, a substantial figure largely due to a shift in his bonus structure coupled with his existing compensation package. However, in fiscal 2017, his total compensation dropped sharply to $433,800, indicating a transition in his role and the company’s evolving focus. This was characterized by a focus on targeted cash bonuses aimed at managing Pure Storage’s revenue targets effectively. Throughout his tenure, Dietzen's compensation highlighted a strong alignment with the company's performance, driven by revenue successes and growth metrics.

Year

2017

Total Compensation

$433.80K

Salary

$250.00K

Board Justification

The compensation philosophy aims to attract, motivate, and retain executive officers while aligning their interests with stockholder value creation through a mix of fixed and performance-based compensation.

Bonus

$183.80K

Board Justification

Quarterly cash bonuses based on the achievement of corporate revenue targets, with a target annual cash bonus opportunity of $250,000, reduced by 50% due to his transition to Chairman.

Other

$0.00

Board Justification

No other compensation was reported for 2017.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2017 as he did not receive any stock grants during that year.

Performance Metrics

Performance metrics for cash bonuses were tied to quarterly revenue targets.

Other Pure Storage, Inc. CEOs

Here are other CEOs of Pure Storage, Inc.

Charles Giancarlo

CEO of Pure Storage, Inc.

August 2017 - Present