Seagate Technology CEO William Mosley's 2020 pay rises 13% to $12M
Seagate Technology reports 2020 executive compensation
By ExecPay News
Published: August 31, 2020
Seagate Technology reported fiscal year 2020 executive compensation information on August 31, 2020.
In 2020, six executives at Seagate Technology received on average a compensation package of $4M, a 21% decrease compared to previous year.
William D. Mosley, Chief Executive Officer, received $12M in total, which increased by 13% compared to 2019. 63% of Mosley's compensation, or $7.3M, was in stock awards. Mosley also received $1.4M in non-equity incentive plan, $1.9M in option awards, $1.1M in salary, as well as $7.4K in other compensation.
For fiscal year 2020, the median employee pay was $9,471 at Seagate Technology. Therefore, the ratio of William D. Mosley's pay to the median employee pay was 1,235 to one.
Jeffrey D. Nygaard, Executive Vice President, Global Operations, received a compensation package of $3.9M, which decreased by 23% compared to previous year. 52% of the compensation package, or $2M, was in stock awards.
Gianluca Romano, Chief Financial Officer, earned $3.8M in 2020, a 27% increase compared to previous year.
James J. Murphy, Former Executive Vice President, Sales & Marketing, received $1.7M in 2020, which decreases by 65% compared to 2019.
Katherine E. Schuelke, Chief Legal Officer, earned $1.4M in 2020, a 26% decrease compared to previous year.
Ban Seng Teh, Senior Vice President, Global Sales and Sales Operations, received $1.4M in 2020.
Seagate Technology's fiscal year ends on July 1.
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