Micron Technology Management

Management criteria checks 3/4

Micron Technology's CEO is Sanjay Mehrotra, appointed in May 2017, has a tenure of 7.5 years. total yearly compensation is $25.28M, comprised of 5% salary and 95% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $124.97M. The average tenure of the management team and the board of directors is 4.9 years and 6.1 years respectively.

Key information

Sanjay Mehrotra

Chief executive officer

US$25.3m

Total compensation

CEO salary percentage	5.0%
CEO tenure	7.5yrs
CEO ownership	0.1%
Management average tenure	4.9yrs
Board average tenure	6.1yrs

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
Aug 29 2024	n/a	n/a	US$778m
May 30 2024	n/a	n/a	-US$2b
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

Compensation vs Market: Sanjay's total compensation ($USD25.28M) is above average for companies of similar size in the PE market ($USD5.73M).

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

CEO

Sanjay Mehrotra (65 yo)

7.5yrs

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	7.5yrs	US$25.28m	0.12% $ 125.0m
Mark Murphy	Executive VP & CFO	2.6yrs	US$8.40m	0.029% $ 31.4m
Manish Bhatia	Executive Vice President of Global Operations	7.1yrs	US$8.93m	0.032% $ 35.2m
Scott DeBoer	Executive VP and Chief Technology & Products Officer	7.4yrs	US$7.09m	0.021% $ 22.9m
Sumit Sadana	Executive VP & Chief Business Officer	2.8yrs	US$9.23m	0.027% $ 29.4m
Scott Allen	Corporate VP & Chief Accounting Officer	4.1yrs	no data	0.0054% $ 5.8m
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	0.011% $ 11.7m
Courtney Geduldig	Corporate Vice President of Public Affairs	2.6yrs	no data	no data
Michael Bokan	Senior Vice President of Worldwide Sales	6.1yrs	US$5.62m	0.018% $ 19.2m
Rahul Sandil	Head of Global Marketing	5.7yrs	no data	no data

4.9yrs

Average Tenure

56yo

Average Age

Experienced Management: MU's management team is considered experienced (4.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sanjay Mehrotra	CEO, President & Director	7.5yrs	US$25.28m	0.12% $ 125.0m
Robert Switz	Independent Chairman of the Board	18.8yrs	US$492.90k	0.0068% $ 7.4m
Richard Beyer	Independent Director	11.8yrs	US$386.90k	0.0092% $ 9.9m
Robert Swan	Director	less than a year	no data	0.00037% $ 400.9k
Steven Gomo	Independent Director	6.1yrs	US$383.07k	0.0027% $ 2.9m
MaryAnn Wright	Independent Director	5.3yrs	US$378.07k	0.0021% $ 2.3m
Lynn Dugle	Independent Director	4.3yrs	US$378.07k	0.0016% $ 1.7m
Mary McCarthy	Independent Director	6.1yrs	US$386.32k	0.0027% $ 2.9m
Linnie Haynesworth	Independent Director	3.8yrs	US$360.40k	0.0012% $ 1.3m

6.1yrs

Average Tenure

67yo

Average Age

Experienced Board: MU's board of directors are considered experienced (6.1 years average tenure).

Micron Technology Management

Management criteria checks 3/4

Key information

Recent management updates

Micron Technology, Inc., Annual General Meeting, Jan 16, 2025

Insider recently sold US$1.1m worth of stock

Executive VP & Chief Business Officer recently sold US$5.6m worth of stock

Insider recently sold US$1.7m worth of stock

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

Recent updates

Micron Introduces World’S Fastest, Most Energy Efficient 60Tb SSD

Micron Technology, Inc., Annual General Meeting, Jan 16, 2025

Insider recently sold US$1.1m worth of stock

Now 24% overvalued

Micron Fuels New Wave of AI PCs with Launch of Ultra-Fast Clock Driver Ddr5 Memory Portfolio

Now 32% overvalued

Full year 2024 earnings released: EPS: US$0.70 (vs US$5.34 loss in FY 2023)

Micron Expands SSD Portfolio with New Crucial P310 2280 Gen4 SSD, Bringing High-Octane Performance to Gamers and Creators

Micron Technology, Inc. to Report Q4, 2024 Results on Sep 25, 2024

New major risk - Share price stability

Micron Technology, Inc. Announces Volume Production of Ninth-Generation NAND Flash Technology

Micron Technology, Inc. Announces Volume Production of Ninth-Generation NAND Flash Technology

Micron Technology, Inc. Introduces the World’s Fastest Data Center SSD

Micron Technology, Inc. Unveils 2230 Gen4 Consumer SSD, the Crucial P310, to Accelerate Handheld Gaming, Ultrathin Laptops and Mini PCs

Third quarter 2024 earnings released: EPS: US$0.30 (vs US$1.73 loss in 3Q 2023)

Micron Technology, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal 2024

Micron Technology, Inc. Samples Next-Gen Graphics Memory for Gaming and AI

Micron Technology, Inc. to Report Q3, 2024 Results on Jun 26, 2024

McKool Smith and Irell & Manella on Behalf of Netlist Secures $445 Million Verdict in Patent Infringement Case Against Micron Technology Inc

Executive VP & Chief Business Officer recently sold US$5.6m worth of stock

Micron Delivers Crucial Lpcamm2 with Lpddr5x Memory for the New Ai-Ready Lenovo Thinkpad P1 Gen 7 Workstation

Insider recently sold US$1.7m worth of stock

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

New minor risk - Share price stability

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 US$1.7m 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

New minor risk - Share price stability

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

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

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

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

Insufficient new directors

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

Insider recently sold US$1.1m worth of stock

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

Insider recently sold US$1.8m 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

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age