Micron Technology Management

Management criteria checks 3/4

Micron Technology's CEO is Sanjay Mehrotra, appointed in May 2017, has a tenure of 6.92 years. total yearly compensation is $25.28M, comprised of 5% salary and 95% bonuses, including company stock and options. directly owns 0.098% of the company’s shares, worth €116.84M. The average tenure of the management team and the board of directors is 4.3 years and 5.5 years respectively.

Key information

Sanjay Mehrotra

Chief executive officer

US$25.3m

Total compensation

CEO salary percentage	5.0%
CEO tenure	6.9yrs
CEO ownership	0.1%
Management average tenure	4.3yrs
Board average tenure	5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sanjay Mehrotra's remuneration changed compared to Micron Technology's earnings?
Date	Total Compensation	Salary	Company Earnings
Feb 29 2024	n/a	n/a	-US$4b
Nov 30 2023	n/a	n/a	-US$7b
Aug 31 2023	US$25m	US$1m	-US$6b
Jun 01 2023	n/a	n/a	-US$3b
Mar 02 2023	n/a	n/a	US$2b
Dec 01 2022	n/a	n/a	US$6b
Sep 01 2022	US$29m	US$1m	US$9b
Jun 02 2022	n/a	n/a	US$10b
Mar 03 2022	n/a	n/a	US$9b
Dec 02 2021	n/a	n/a	US$7b
Sep 02 2021	US$25m	US$1m	US$6b
Jun 03 2021	n/a	n/a	US$4b
Mar 04 2021	n/a	n/a	US$3b
Dec 03 2020	n/a	n/a	US$3b
Sep 03 2020	US$20m	US$1m	US$3b
May 28 2020	n/a	n/a	US$2b
Feb 27 2020	n/a	n/a	US$2b
Nov 28 2019	n/a	n/a	US$4b
Aug 29 2019	US$17m	US$1m	US$6b
May 30 2019	n/a	n/a	US$10b
Feb 28 2019	n/a	n/a	US$13b
Nov 29 2018	n/a	n/a	US$15b
Aug 30 2018	US$14m	US$1m	US$14b
May 31 2018	n/a	n/a	US$12b
Mar 01 2018	n/a	n/a	US$10b
Nov 30 2017	n/a	n/a	US$8b
Aug 31 2017	US$15m	US$388k	US$5b

Compensation vs Market: Sanjay's total compensation ($USD25.28M) is above average for companies of similar size in the Italian market ($USD3.92M).

Compensation vs Earnings: Sanjay's compensation has been consistent with company performance over the past year.

CEO

Sanjay Mehrotra (64 yo)

6.9yrs

Tenure

US$25,276,953

Compensation

Mr. Sanjay Mehrotra serves as Independent Director of CDW Corporation since March 21, 2021. He serves as Director at CDW LLC. He has been the Chief Executive Officer, President and Director at Micron Techn...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sanjay Mehrotra	CEO, President & Director	6.9yrs	US$25.28m	0.098% $ 116.8m
Mark Murphy	Executive VP & CFO	2yrs	US$8.40m	0.018% $ 21.0m
Manish Bhatia	Executive Vice President of Global Operations	6.5yrs	US$8.93m	0.029% $ 34.2m
Scott DeBoer	Executive Vice President of Technology & Products	6.8yrs	US$7.09m	0.018% $ 21.3m
Sumit Sadana	Executive VP & Chief Business Officer	2.3yrs	US$9.23m	0.024% $ 28.3m
Scott Allen	Corporate VP & Chief Accounting Officer	3.5yrs	no data	0.0044% $ 5.2m
Anand Bahl	Corp. VP & Chief Information Officer	no data	no data	no data
Satya Kumar	Corporate VP of Investor Relations & Treasurer	no data	no data	no data
Michael Ray	Senior VP	less than a year	no data	0.0083% $ 9.8m
Courtney Geduldig	Corporate Vice President of Public Affairs	2yrs	no data	no data
Michael Bokan	Senior Vice President of Worldwide Sales	5.5yrs	US$5.62m	0.017% $ 19.9m
Rahul Sandil	Head of Global Marketing	5.1yrs	no data	no data

4.3yrs

Average Tenure

55yo

Average Age

Experienced Management: 1MU's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sanjay Mehrotra	CEO, President & Director	6.9yrs	US$25.28m	0.098% $ 116.8m
Robert Switz	Independent Chairman of the Board	18.2yrs	US$492.90k	0.0066% $ 7.9m
Richard Beyer	Independent Director	11.3yrs	US$386.90k	0.0090% $ 10.6m
Robert Swan	Director	less than a year	no data	0.00011% $ 130.5k
Steven Gomo	Independent Director	5.5yrs	US$383.07k	0.0025% $ 2.9m
MaryAnn Wright	Independent Director	4.8yrs	US$378.07k	0.0021% $ 2.5m
Lynn Dugle	Independent Director	3.7yrs	US$378.07k	0.0016% $ 1.9m
Mary McCarthy	Independent Director	5.5yrs	US$386.32k	0.0025% $ 2.9m
Linnie Haynesworth	Independent Director	3.2yrs	US$360.40k	0.0012% $ 1.5m

5.5yrs

Average Tenure

65yo

Average Age

Experienced Board: 1MU's board of directors are considered experienced (5.5 years average tenure).

Micron Technology Management

Management criteria checks 3/4

Key information

Recent management updates

Micron Technology, Inc. Appoints Robert Swan to its Board of Directors

Micron Technology, Inc. Appoints Michael Ray as Senior Vice President, Chief Legal Officer and Corporate Secretary

Insider recently sold €1.5m worth of stock

Insufficient new directors

Insider recently sold €1.0m worth of stock

Insider recently sold €1.6m worth of stock

Recent updates

Micron’s Full Suite of Automotive-Grade Solutions Qualified for Qualcomm Automotive Platforms to Power AI in Vehicles

Second quarter dividend of US$0.12 announced

Second quarter 2024 earnings released: EPS: US$0.72 (vs US$2.12 loss in 2Q 2023)

Micron Technology, Inc. Declares Quarterly Dividend, Payable on April 16, 2024

Micron Technology, Inc. Appoints Robert Swan to its Board of Directors

Micron Technology, Inc Commences Volume Production of Industry-Leading HBM3E Solution to Accelerate the Growth of AI

Micron Technology, Inc. Announces Two New Crucial Pro Series Products with the Addition of Overclocking-Capable Memory

Micron Technology, Inc. to Report Q2, 2024 Results on Mar 20, 2024

Micron Technology, Inc. Appoints Michael Ray as Senior Vice President, Chief Legal Officer and Corporate Secretary

Micron Technology, Inc Unveils Industry’s First Standard Low-Power Compression Attached Memory Module

Insider recently sold €1.5m worth of stock

First quarter 2024 earnings released: US$1.12 loss per share (vs US$0.18 loss in 1Q 2023)

Micron Technology, Inc. Declares Quarterly Cash Dividend, Payable on January 18, 2024

Micron Technology, Inc. Unveils Client Ssd to Fuel Demanding PC Applications for Gaming, Content Creation and Scientific Computing

Micron Technology, Inc. Provides Revenue Guidance for the First Quarter 2024

Micron Technology, Inc. to Report Q1, 2024 Results on Dec 20, 2023

Micron Technology, Inc. First to Enable Ecosystem Partners with the Fastest, Lowest Latency High-Capacity 128GB DRAM

Crucial Launches Lightning-Fast Gen4 Consumer NVMe SSDs for Gamers and Creators

Micron Technology, Inc. Announces Low-Power Memory Solution Boosts Mixed and Virtual Reality Experiences on Snapdragon XR2 Gen 2

Micron Technology, Inc. Delivers Mainstream PCIe®? Gen4 Data Center SSD

Micron Technology, Inc. Delivers High-Speed 7,200MT/s DDR5 Memory Using 1ß Technology

Micron Technology, Inc. Initiates Construction on Memory Manufacturing Fab

Micron Technology, Inc. Reports Goodwill Impairment for the Fourth Quarter Ended August 31, 2023

Full year 2023 earnings released: US$5.34 loss per share (vs US$7.81 profit in FY 2022)

Insufficient new directors

Micron Technology, Inc. to Report Q4, 2023 Results on Sep 27, 2023

Insider recently sold €1.0m worth of stock

Micron Technology, Inc. Launches Memory Expansion Module Portfolio to Accelerate CXL 2.0 Adoption

Insider recently sold €1.6m worth of stock

Micron Technology, Inc. Announces It Has Begun Sampling the 8-High 24Gb Hbm3 Gen2 Memory with Bandwidth Greater Than 1.2Tb/S and Pin Speed over 9.2Gb/S, Which Is Up to A 50% Improvement over Currently Shipping Hbm3 Solutions

Micron Technology, Inc. Announces Crucial X9 Pro Portable SSD and Crucial X10 Pro Portable SSD

Third quarter 2023 earnings released: US$1.73 loss per share (vs US$2.36 profit in 3Q 2022)

Micron Technology, Inc. Provides Earnings Guidance for the Fourth Quarter of 2023

Micron Technology, Inc.(NasdaqGS:MU) dropped from Russell 1000 Growth Index

New major risk - Share price stability

Executive VP & Chief Business Officer recently sold €2.8m worth of stock

Second quarter 2023 earnings released: US$2.12 loss per share (vs US$2.02 profit in 2Q 2022)

Micron Technology, Inc. to Report Q2, 2023 Results on Mar 28, 2023

Micron Technology, Inc. Announces Executive Changes

Senior VP recently sold €169k worth of stock

Micron Technology, Inc. Announces its DDR5 Delivers Increased Performance and Reliability for 4th Gen Intel® Xeon® Scalable Processor Family

Micron Technology, Inc. Delivers High-Performance Data Center SSD to Power the Most Demanding Workloads

Micron Technology, Inc. Provides Earnings Guidance for the Second Quarter of 2023

First quarter 2023 earnings released: US$0.18 loss per share (vs US$2.06 profit in 1Q 2022)

Micron Technology, Inc. Delivers the Most Advanced Client SSD Featuring 232-Layer NAND Technology

Micron Technology, Inc., Annual General Meeting, Jan 12, 2023

Micron Technology, Inc. Expands IoT Security Portfolio to Tackle the Cybersecurity Needs of the Intelligent Edge

Micron Technology, Inc. to Report Q1, 2023 Results on Dec 21, 2022

Micron Technology, Inc. DDR5 Memory Now Available for 4th Gen AMD EPYC Processors

Micron Technology, Inc. Ships World’s Most Advanced DRAM Technology with 1-Beta Node

Micron Technology, Inc. Announces New Firmware for Its 7450 NVMe SSD That Supports the Open Compute Project Datacenter NVMe SSD 2.0 Specification

Full year 2022 earnings released: EPS: US$7.81 (vs US$5.23 in FY 2021)

Micron Technology, Inc. Provides Earnings Guidance for the First Quarter of 2023

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age