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Total Compensation of Pure Storage’s Executive Officers

$17,966,277 for CEO Charles Giancarlo

In a SEC filing (page 42) published on May 2018, Pure Storage, Inc. revealed the compensation earned during the fiscal years ended in January 2016, 2017 and 2018 by its main executive officers.

Here are the CEO with highest compensation discovered up to now in the worldwide storage industry

1/ Steve Milligan, CEO, WD: $19,738,381
2/ Charles Giancarlo, CEO, Pure Storage: $17,966,277
3/ D. Mark Durcan, former CEO, Micron: $15,701,652
4/ Sanjay Mehrotra, president and CEO, Micron: $15,373,026
5/ George Kurian, CEO and president, NetApp: $12,859,367

The following table presents all of the compensation awarded to, or earned by executive officers of Pure Storage during fiscal 2018 and the prior two fiscal years:

Name
and Position
Year
Salary Total Compensation Y/Y Growth
Charles Giancarlo*, CEO 2018 $222,222 $17,966,277 NA
Timothy Riittersn, CFO 2016 $279,167 $1,525,015 NA
  2017 $320,000 $957,765  -47%
  2018 $329,167 $4,564,388 +477%
David Hatfield, president 2016 $300,000 $2,542,484 NA
  2017 $300,000 $556,109 -78%
  2018 $322,917  $3,086,201 +555%
John Colgrove, CTO 2016 $220,833 $2,095,338 NA
  2017 $250,000 $444,853 -79%
  2018 $295,833  $1,645,814  +370%
Scott Dietzen**, former CEO 2016 $250,000  $2,124,505  NA
  2017 $250,000  $433,800 -80%
  2018 $520,000  $1,527,140  +352%

* Giancarlo was named CEO as on August 22, 2017.
** Dietzen stepped down from his role as CEO and was appointed chairman of the board of directors the same day.

Read also:
Pure Storage: Fiscal 4Q18 Financial Results
Reaching $1 billion milestone in FY18 revenue, up 41% from FY17
2018.03.02 | Press Release | [with our comments]
Pure Storage: Fiscal 3Q17 Financial Results
Continuing to grow fast but far to be profitable
2016.12.02 | Press Release | [with our comments]
Pure Storage: Fiscal 4Q16 Financial Results
Best ever quarter, 1,650 customers, but far behind EMC
2016.03.03 | Press Release | [with our comments]

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