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Total Compensation of Micron’s Top Executives

$28,840,809 for president and CEO Sanjay Mehrotra in FY22, up 14% from FY21, probably down in FY23

This is an abstract of a SEC filing (page 49) published by Micron Technology, Inc. regarding salary and total compensation earned for FY2017, 2018, 2019 2020, 2021 and 2022 ended in August by company’s executive officers.

In FY22, financial results were good, with revenue growing 11% Y/Y at $30,758 million, with net income of $8,687 million. Consequently, all salaries and total compensations increase significantly.

But all these figures will decrease for FY23 as sales were down 52% Y/Y and and net loss at $4.4 billion for the 9 months of current fiscal year.

Name and position FY Salary Total compensation Y/Y growth
Sanjay Mehrotra, president and CEO 2017 $387,692 $15,373,026 NA
2018 $1,200,000  $14,241,583  19%
2019 $1,288,154  $16,944,751 19%
2020 $1,369,039  $19,995,488 18%
2021 $1,350,000 $25,316,709
18%
2022 $1,409,893 $28,840,809
14%
Mark J. Murphy, EVP and CFO*
2022 $266,538 $13,575,042 NA
Mansh Bhatia, EVP global ops 2018 $559,289 $10,455,406
NA
2019 $660,846 $5,986,655
-43%
2020 $704,211 $7,212,359
20%
2021 $695,000 $8,552,873
19%
2022 $725,607 $18,517,829
 117%
Michael W. Bokan, EVP WW sales 2022 $547,480 $5,624,594 NA
Scott J. DeBoer, EVP technology and products 2018 $511,154 $4,086,215 NA
2019 $554,462 $4,354,143 7%
2020 $601,596 $5,159,860 19%
2021 $595,000 $6,668,567
29%
2022 $621,203 $7,592,565
 14%
Summit Sadana, EVP and chief business officer 2018 $675,000 $6,183,298 NA
2019 $709,462 $6,224,520 1%
2020 $755,173 $7,359,372 18%
2021 $745,000 $8,716,576
18%
2022 $777,809 $10,101,430 
 16%
David A. Zinsner, EVP and CFO* 2018 $331,462 $5,309,764 NA
2019 $632,923 $4,313,692  29%
2020 $670,992 $5,569,005 29%
2021 $662,000 $6,853,493 23%
2022 $257,671 $7,267,180 6%

Note: Replacing David A. Zinsner, Murphy was appointed as EVP and CFO, effective as of April 18, 2022, and his annual base salary for FY22 was $700,000.

 

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